Zee shareholders approve appointment of independent directors

Uttam Prakash Agarwal, Shishir Babubhai Desai and Venkata Ramana Murthy Pinisetti appointed as independent directors of the Zee Entertainment for the first term of three years
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| March 16, 2024 , 8:57 am
This strategic move aims to bolster Zee Media's financial flexibility and is aligned with the External Commercial Borrowing (ECB) guidelines issued by the Reserve Bank of India.
This strategic move aims to bolster Zee Media's financial flexibility and is aligned with the External Commercial Borrowing (ECB) guidelines issued by the Reserve Bank of India.

The shareholders of ZEE Entertainment Enterprises Ltd (ZEE) have duly passed the resolutions for the appointment of Uttam Prakash Agarwal, Shishir Babubhai Desai and Venkata Ramana Murthy Pinisetti as independent directors; for the first term of three years with requisite majority through a postal ballot process.

“This outcome of the remote e-voting process concluded on March 15, 2024, reflects the shareholders’ confidence in the Board of the Company,” said a media release.

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