The company will buy back up to 65.93 million shares through the tender offer route, with November 25 fixed as the record date; promoters will not participate in the offer. The board of Zee Entertainment Enterprises (Zee) on Thursday approved a proposal to buy back up to 65.93 million equity shares of the company at ₹91 per share, aggregating up to ₹600 crore, it said in a release.