Zee Entertainment Shares Rally 7% After SAT Grants Interim Relief

Zee Entertainment shares surged up to 7% following an interim relief order from the Securities Appellate Tribunal (SAT) in its ongoing SEBI case.

The tribunal has permitted the company to proceed with a planned capital raise of ₹3,143 crore through warrants.

Despite the relief, the market ban imposed by SEBI on the company's leadership remains in effect while the legal proceedings continue.