Shareholders Reject Punit Goenka’s Reappointment As Zee Director

Punit Goenka, CEO of Zee Entertainment Enterprises Ltd (ZEEL), faced a setback as shareholders blocked his reappointment as a director at the company’s AGM, with 50.45% voting against the resolution. This follows Goenka’s resignation as managing director and withdrawal of consent for reappointment. However, he remains CEO for a five-year term, lasting until 2029.