Zee Entertainment proposes three independent directors

Shareholder approval sought for three-year term through a regulatory filing.

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  • Storyboard18,
 | February 13, 2024 , 4:56 pm
In its suit filed in Delhi Sessions Court, ZEE had argued that the article published on 21st February 2024 by Bloomberg, was false and factually incorrect, with a pre-meditated and malafide intention to defame the Company. (Image source: Moneycontrol)
In its suit filed in Delhi Sessions Court, ZEE had argued that the article published on 21st February 2024 by Bloomberg, was false and factually incorrect, with a pre-meditated and malafide intention to defame the Company. (Image source: Moneycontrol)

Zee Entertainment seeks shareholder approval for the appointment of three independent directors. As per regulatory filings, the candidates in consideration are Uttam Prakash Agarwal, Shishir Babubhai Desai, and P.V. Ramana Murthy.

If approved, they will serve a term of three years, commencing from December 17, 2023, to December 16, 2026.

Zee named three new independent directors through a stock exchange filing following their Annual General Meeting (AGM) on Saturday, December 16.

The three new independent directors were Venkata Ramana Murthy Pinisetti, Shishir Babubhai Desai, and Uttam Prakash Agarwal.

The appointment of the three new independent directors to Zee board came after Vivek Mehra and Sasha Mirchandani did not get enough votes.

Read More: NCLT hearing on March 12 to determine fate of $10-bn Zee-Sony merger

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