ZEEL share price: Zee Entertainment Enterprises Ltd (ZEEL) shares on Monday tumbled 15 per cent in trade as dissenting lenders plan to move against the NCLT’s approval of Subhash Chandra’s repayment plan.

Notably, lenders have raised questions on the voting process and also on the eligibility of certain creditors who were instrumental in pushing through his personal insolvency resolution plan.

The stock extended its decline for the fourth consecutive session, opening marginally lower at ₹101 and soon came under heavy selling pressure. It fell as much as 14.5 per cent to hit an intraday low of ₹86.90 on the National Stock Exchange (NSE).

As of 10:35 AM, the stock was trading 12 per cent lower at ₹89.35. In comparison, the…