Punit Goenka withdraws from reappointment for ZEEL MD in upcoming AGM

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Punit Goenka withdraws from reappointment for ZEEL MD in upcoming AGM - Business Standard

Quick Summary:

While sharing Goenka's resignation letter to exchanges on Saturday, Zee Entertainment Enterprises Ltd (ZEEL) said he is "withdrawing his consent for his re-appointment as Managing Director of the company as proposed in the Notice of the ensuing Annual General Meeting.

ZEE Entertainment CEO Punit Goenka, who resigned from the post of Managing Director last week, has also withdrawn himself from reappointment for the post in the coming AGM, according to an exchange filing.

Goenka's present tenure as Managing Director & CEO of the company was scheduled to finish at the 2024-end.