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Zee Entertainment slips 2% after ex-directors raise concerns - My RSS Reader
Shares of broadcaster Zee EntertainmentNSE -1.22 % (ZEEL) slipped in the morning trade on Thursday after two former directors of the firm raised concerns over several issues, including Rs 2,200 crore film advance given in 2018-19. According to a BSE filing by ZEEL, the two directors—Subodh Kumar and Neharika Vohra—- flagged the issue of “film advances given in 2018-19 to the tune of Rs 2,200 crore”, to which the company responded by saying the information has already been disclosed in its annual report and clarified in various investor interactions. Kumar and Vohra…