- Shareholders voted against Punit Goenka’s reappointment as Director at Zee’s 42nd AGM, with 50.46% voting against the proposal.
- Goenka had earlier stepped down as Managing Director to focus on his role as CEO amid leadership restructuring efforts.
- A dividend of Re 1 per equity share for FY24 was approved during the AGM.
At Zee Entertainment Enterprises’ 42nd Annual General Meeting (AGM) on November 28, shareholders voted against reappointing Punit Goenka as a Director. The vote was close, with 50.46% opposing and 49.54% supporting the decision.
Goenka had earlier stepped down as Managing Director to concentrate on his responsibilities as CEO, aligning with Zee’s leadership restructuring plans. His non-reappointment marks a significant development in the company’s efforts to revamp its operations and governance.
Additionally, Zee shareholders approved a dividend of Re 1 per equity share for the financial year ending March 31, 2024.
