New Delhi, Nov. 13 -- Zee Entertainment Enterprises has announced a Rs.600 crore share buyback, offering shareholders an opportunity to tender their shares at Rs.91 apiece. The company's board approved the proposal on November 12, 2026, for the buyback of up to 6.59 crore fully paid-up equity shares with a face value of Rs.1 each.

The media stock fell over 3% on Friday, Nov 13, to its day's low of Rs.75.49 per share on BSE post the announcement of the buyback. The stock has lost 3% in 1 month, 26% in 3 months, 19% in 6 months and 28% in last 1 year.

The proposed buyback will be conducted through the tender offer route on a proportionate basis, with November 25, 2026, fixed as the record date to determine eligible shareholders.

The comp...