Zee Entertainment seeks shareholder approval for new independent directors

Zee Entertainment Enterprises Ltd (ZEE) is seeking shareholder approval for the appointment of three new independent directors: UP Agarwal, Shishir Desai, and Venkata Ramana.

At 2:03 pm, ZEE shares were trading at ₹188.65, marking a 0.40% increase. The company is slated to announce its quarterly results today. Analysts anticipate a challenging quarter for the Punit Goenka-led firm, with sales expected to decline by up to 3 per cent year-on-year. They attribute this decline to the impact of the Cricket World Cup event in the first half of the quarter, which likely affected ZEE’s market share.