The stock price of Zee Entertainment Enterprises Ltd. (ZEEL) crashed almost 10% on 23rd September in the share market after one of the Mutual Fund house-lenders, rumoured to be Pune-based Catalyst Trusteeship, to its promoters sold 72.5 lakh shares which were pledged to it earlier. The shares were sold at Rs. 282 per share, aggregating about Rs. 204 crore. Other MFs and other lenders have agreed to not sell ZEEL shares immediately and give Essel group some more time beyond the earlier deadline of September 30 to complete the stake sale process and pay back their dues.