ZEE Entertainment institutional investors seek removal of MD Punit Goenka; call for EGM today : Rashtra News Punit Goenka is the son of Essel Group Chairman Emeritus Subhash Chandra. (Image: REUTERS)Zee Entertainment Enterprises (ZEE) major institutional investors Invesco Developing Markets Fund and its subsidiary OFI Global China Fund LLC have called for the removal of Managing
Get latest articles and stories on Latest News at LatestLY. Investment firm Invesco Developing Markets Fund, the largest shareholder in Zee Entertainment Enterprises, on Thursday said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove Managing Director and CEO Punit Goenka and two independent directors. Latest News | Invesco Supports Zee-Sony Merger Deal; Not to Pursue EGM Call to Remove ZEEL MD, Independent Dirs.
Invesco had called for the EGM to push for the ouster of directors Ashok Kurien and Manish Chokhani, apart from MD and CEO Punit Goenka. However, Kurien and Chokhani have already resigned from their posts, thereby, making the resolution moved by Invesco "infructuous".
Zeel must get 'reasonable time' to reply to investors plea: NCLAT passes order indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.
Zeel-Invesco Tussle: NCLT seeks Zeel's reply, next hearing on Thursday indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.