Muhurat Trading 2026: Shares of Zee Entertainment Enterprises jumped over 11% on Sunday, 8 November, in the special Muhurat trading session after the company announced that its board of directors will meet on Thursday, November 12, to discuss measures aimed at addressing investor concerns following the recent decline in its share price.
The board will also consider a proposal for a buyback of fully paid-up equity shares, payment of an interim dividend or other measures intended to reinforce investor confidence and enhance long-term shareholder value.
In an exchange filing dated November 6, Zee Entertainment said the board meeting would examine and discuss the views and concerns expressed by investors regarding the recent decline in the company's market price.
Zee Entertainment board to consider share buyback, interim dividend
The company said the board would consider various measures in the interests of Zee Entertainment and its shareholders, including a potential share buyback and interim dividend.