ZEEL plans another buyback

Written by Press Trust of India | New Delhi | Updated: Mar 31 2012, 06:31am hrs
Zee Entertainment Enterprises (ZEEL) on Friday said it may buy back equity shares of the company up to a value not exceeding 10% of the paid-up capital and free reserves. In a filing to the the BSE, ZEEL said a meeting of its board of directors will be held on April 4 to consider this proposal. Earlier this month, ZEEL had announced the closure of a buyback programme that commenced on July 27, 2011.