Mumbai, January 09, 2024.

Shares of Zee Entertainment Enterprises tanked nearly 14 per cent in morning trade on Tuesday amid uncertainty over the fate of the USD 10 billion merger between the company and Culver Max Entertainment, formerly Sony Pictures Networks India.

The stock tumbled 12.66 per cent to Rs 242.30 on the BSE.

At the NSE, it plunged 13.60 per cent to Rs 240.30.