Zee Entertainment AGM skips discussions on Invesco board removal plans

Board sidesteps questions on corporate governance lapses

The Chairman of Zee Entertainment Enterprises (ZEEL), R Gopalan, made no mention of the resignation of two directors, Ashok Kurien and Manish Chokhani, at the annual general meeting (AGM) of shareholders held in Mumbai on Tuesday or on the allegations of corporate governance lapses by the proxy advisory firms.  

The AGM did not discuss the notice sent by its largest shareholder, seeking an extraordinary general meeting (EGM) of shareholders to remove the current Managing Director (MD) and Chief Executive Officer, Punit Goenka.

The AGM was attended by Zee Group patriarch Subhash Chandra, Goenka, and other independent directors. 

The AGM was