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Zee surges 15% as Invesco withdraws EGM notice for Punit Goenka's removal

In September 2021, Invesco had put out a requisition to the Zee Board of Directors to hold an EGM on the grounds that it felt the company was not running as smoothly as desired.

Topics
Buzzing stocks | Essel Group Zee Entertainment | Zee Group

Deepak Korgaonkar  |  Mumbai 



Zee

Shares of Zee Entertainment Enterprises (Zee) surged 15 per cent to Rs 294.45 on the BSE in Thursday’s trade at 09:30 am; after the company's largest shareholder, Invesco, decided to withdraw its EGM requisition notice, which sought removal of Managing Director and Chief Executive Officer (MD & CEO) from the board of ZEE.

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First Published: Thu, March 24 2022. 09:48 IST

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