Zee strengthens advisory panel
Zee Entertainment Enterprises board has expanded and strengthened its Independent Advisory Committee (IAC), renaming it Independent Investigation Committee (IIC).
The IIC will conduct a thorough review of all allegations made by regulatory agencies against the company, its promoters, and key managerial personnel to protect the interest of shareholders and other stakeholders of the company. The committee will submit a report to the board after completing the exercise, outlining its recommendations and suggesting necessary actions.
The committee has the authority to appoint or hire any independent external agency to assist in fulfilling its charter.
The committee was formed on February 23 to combat misinformation and market rumours that have erased investor wealth.
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