Zee Entertainment Enterprises announced that Brickwork Ratings has downgraded the ratings for 6% Cumulative Redeemable Non-Convertible
Preference Shares & the Issuer rating as under -
6% Cumulative Redeemable Non-Convertible Preference Shares - BWR AA; credit watch with negative implications (revised from BWR AA+; credit watch with negative implications)
Issuer rating - BWR AA; credit watch with negative implications (BWR AA+; credit watch with negative implications)