Zeel CEO Punit Goenka’s wife and son help increase promoter stake in the firm

MUMBAI: He has been saying that the promoters are keen to increase their shareholding, so confident are they of Zee Entertainment Enterprises Ltd’s (Zeel’s) prospects.  And the family of Zeel CEO Punit Goenka is backing him to the hilt, if one goes by a Reuters report which said that the family has acquired 0.29 per cent Zeel shares at a price of Rs 27 crore. The company disclosed this to the stock exchanges through a regulatory filing on Thursday.

Goenka’s wife Shreyasi bought 13,83,500 securities worth around Rs 13.46 crore (0.14 per cent of shareholding), while Goenka’s son Udayan bought 14,15,450 securities also worth around Rs 13.46 crore (0.15 per cent of shareholding). Earlier, the promoter family held  3.99 per cent stake in Zeel. The promoter shareholding has now increased to 4.28 per cent following the share purchase, the Reuters report stated.

(Picture courtesy: Shreyasi Jain Goenka’s  Facebook account)