Punit Goenka resigns from Zee Media’s board as non-executive director

Punit Goenka, Managing Director and chief executive officer of Zee Entertainment Enterprises, resigns from the post of Zee Media’s non-executive-non-independent director. The resignation will come into effect from the close of business hours on July 22.

He has cited “preoccupation” as the reason for his resignation from the company’s board.
 
Zee Media Corporation Ltd (ZMCL) on Wednesday declared that Goenka has resigned as the company”s director.Citing the reason, ZMCL said it was on account of his preoccupation.

“Punit Goenka, a non-executive non-independent director, has tendered his resignation from the directorship of the company with effect from the close of business hours of July 22, 2020,” Zee Media Corporation said in a BSE filing.

Goenka is the managing director and chief executive officer of Zee Entertainment Enterprises.

He is the elder son of Essel Group Chairman Subhash Chandra.

ZMCL, formerly Zee News Ltd, is a news network with 10 news channels in six different languages

Goenka was also instrumental in launching group’s sports channels TEN Sports which now has been sold to Sony Sports
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