Enam's Jiten Doshi raises corporate governance concerns at Sun TV

Enam’s Jiten Doshi raises corporate governance concerns at Sun TV
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The company’s board only paid an interim dividend of Rs 5 per share, announced post March quarter earnings for the financial year ended March, 2021.
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In absolute terms, the interim dividend paid by the company in 2020-21 tanked 80 per cent to Rs 197 crore from Rs 985 crore paid out in 2019-20, the company’s consolidated cash flow statement showed.
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MUMBAI:
Sun TV Network’s minority shareholder Enam Asset Management Company, represented by co-founder and Chief Investment Officer Jiten Doshi, on Friday raised concerns over corporate governance at the company following a sharp cut in dividend for 2020-21.

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