A block trade involving Clean Science and Technology’s promoters faced disruption due to a broker error by Avendus Spark Institutional Equities. A ‘punching error’ led to the sale of significantly more shares than authorized, causing concern for the company and investors. Avendus Spark is taking steps to rectify the situation, assuring no financial impact on the seller.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The