Zee Entertainment Share Price Rises 6% with Interim Committee

Shares of Zee Entertainment Enterprises Ltd soared 6% on Monday said it formed an interim committee to run company operations after CEO Punit Goenka lost a bid to overturn SEBI's ban on him holding board positions in publicly listed companies.

The interim committee will be under the supervision of Zee's board, a company spokesperson said.

The media firm has constituted an interim committee of senior executives, reported CNBC TV18 on Monday.

On Monday, Zee's shares closed 6% higher at Rs 229.65 apiece.

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Zee Entertainment Share Price Rises 6% with Interim Committee