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Zee Entertainment seeks shareholder approval for appointment of three independent directors

This comes after the Zee s shareholders rejected the reappointment proposal of two independent directors in its annual general meeting held on December 17. ....

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Zee Entertainment: Rebellion in the ranks: Zee Entertainment's shareholders huddle to remove Punit Goenka, chairman Gopalan from board, to seek Sebi intervention

As part of its ongoing investigation against key management personnel of Zee Entertainment Enterprises Ltd (ZEEL), including CEO and MD Punit Goenka, SEBI has questioned some former directors regarding their steps to protect minority shareholder rights amid the failed Sony merger. ....

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Zee Entertainment: Sebi queries ZEEL ex-directors; shareholders weigh options

A number of domestic and overseas institutional shareholders in ZEEL are also in discussions backchannel to coordinate on future course of action, multiple people involved in the discussions said. Large domestic institutions are also engaging with one proxy advisory firm to explore a common course of action that might be palatable to a broader base of investors. ....

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