Zee Entertainment Enterprises Ltd. (ZEEL) shares jumped 6% after Punit Goenka announced his decision to step down as Managing Director to focus exclusively on his CEO responsibilities.
The move, approved by the board on Monday, aims to streamline ZEEL’s operations and achieve ambitious growth targets in revenue, EBITDA and profits.
As of 9:18 am, Zee Ent shares were trading 6.79% higher at Rs 123.24 on the NSE.
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