Promoters to sell up to 50% of their stake in Zee Entertainment
India's largest broadcaster Zee Entertainment Enterprises has said its promoters (Essel Group) plan to sell up to 50% of their shareholding in the company to a strategic partner. The decision was taken by Founder and Chairman Subhash Chandra and his family after meeting with advisors over the Diwali weekend. The promoters hold 41.62% stake, which is currently worth â¹17,430 crore.