Shares of Zee Group companies fell on Thursday after the Delhi police arrested two Zee editors - Sudhir Chaudhary, head of Zee News, and Samir Ahluwalia, head of Zee Business.

They were arrested on charges of extortion and criminal conspiracy filed by Navin Jindal led Jindal Steel & Power.

The two have been sent to two days in police custody by a Delhi court.

Zee News dropped the most with fall of 5%, followed by Zee Entertainment Enterprises (1.57%) and Zee Learn (0.64%).