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Board of ‘Z’ Approves Share Buy-Back to Enhance Investor Confidence

Zee Entertainment Enterprises Ltd. (‘Z’) has approved a share buy-back proposal worth up to Rs. 6,000 million, aimed at enhancing shareholder returns and reinforcing investor confidence in the company’s long-term growth prospects. At a board meeting, the directors approved the buy-back of up to 65,934,065 equity shares, each with a face value of Re. 1,...