Held on 24 July 2017
Zee Entertainment Enterprises announced that the Board of Directors of the Company at its meeting held on 24 July 2017 has transacted the following -Approved the appointment of Bharat Kedia as CFO of the Company with effect from 01 August 2017 in place of Mihir Modi, who will be moving to new roles in the Company.
Approved allotment of 39,49,105 6% Unlisted Cumulative Redeemable Non Convertible Preference Shares of Rs 10 each to the equity and preference shareholders of Reliance Big Broadcasting, Big Magic and Azalia Broadcast in pursuance of a composite scheme of arrangement.
The Board has also approved a corporate restructuring proposal relating to domestic subsidiaries of the Company.
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