Zee Entertainment shares decline for fourth straight day, fall 10%

Last week, the NCLT approved a repayment plan submitted by Zee Group founder Subhash Chandra in his personal insolvency case
Moneycontrol News
August 31, 2026 / 11:17 IST
Zee <a href="https://comicvibe.com/zee-entertainment-share-price-crashes-over-14-heres-why/” title=”Zee Entertainment share price crashes over 14%- Here's why”>Entertainment shares decline for fourth straight day, fall 10%
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Zee Entertainment Enterprises Ltd shares fell 10% on August 31, thus extending their decline to fourth straight session.

At 11 am on August 31, the media company’s shares were trading 9.5% lower at Rs 91.87 apiece after hitting intraday low of Rs 86.9.

Last week, the National Company Law Tribunal (NCLT) approved a repayment plan submitted by Zee Group founder Subhash Chandra in his personal insolvency case.

Under the plan, creditors will recover Rs 6.5 crore against admitted claims of Rs 22,006.57 crore, implying a haircut of nearly 99.97%. Lenders such as Union Bank of India Ltd, Canara Bank and LIC Housing Finance Ltd have decided to challenge the NCLT decision.

Moneycontrol News
first published: Aug 31, 2026 11:17 am

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J Jagannath