Punit Goenka’s Resignation as MD and CEO of Zee Entertainment
Punit Goenka, the Managing Director (MD) and Chief Executive Officer (CEO) of Zee Entertainment Enterprises, resigned from his position as MD but will continue to serve as CEO of the company. This decision comes just days before a shareholders’ meeting where Goenka was set to seek approval for a new five-year term as MD and CEO, from January 1, 2025, to December 31, 2029.
Remuneration
Impact of Decision
| Summary/Static | Details |
| Why in the news? | Punit Goenka’s Resignation as MD and CEO of Zee Entertainment |
| Shareholder Approval | Goenka requires shareholder approval at the AGM on November 28 to remain on the board as an executive director. |
| New Role | Goenka will focus on operational responsibilities as CEO, with a 20% pay cut announced earlier in 2024. |
| Leadership Change | Mukund Galgali (CFO) promoted to Deputy CEO of Zee Entertainment. |
Russia’s S-500 Missile System, officially known as 55R6M “Triumfator-M” or Prometey, is shaping the future…
India–Russia relations continue to evolve in a changing global order. Ahead of President Vladimir Putin’s…
India has many cities known for their unique identity, and some of them are famous…
Global credit rating agency Fitch Ratings has revised India’s GDP growth forecast for FY26 to…
In a landmark shift in Pakistan’s military command structure, Field Marshal Asim Munir has been…
India’s Smart Cities Mission (SCM), launched in 2015, is entering its final stretch with an…