Punit Goenka withdraws consent to be Zee MD again
Zee Entertainment Enterprises (Zee) said its chief executive officer Punit Goenka, who resigned as managing director (MD) last week, has withdrawn his consent for re-appointment as MD, initially proposed for approval at the annual general meeting on November 28.
This follows the company's earlier announcement on November 18, where Goenka had announced his decision to step down as the MD.
«I hereby tender my resignation from the office of MD of the company with immediate effect to entirely focus on my operational responsibilities,» Goenka stated in his letter to the board dated November 18.
«Accordingly, I withdraw my consent to be re-appointed as a MD-key managerial personnel of the company proposed in the notice of the ensuing AGM of the company scheduled to be held on November 28, 2024,» the letter said.
«Further, I am willing to continue as CEO of the company if the same can be considered and approved by the board. I wish to express my gratitude towards the board of the company for giving me an opportunity to serve as a MD of the company,» the letter concluded.
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