wordpress blog stats
Connect with us

Hi, what are you looking for?

Subhash Chandra steps down Zee Entertainment board, R. Gopalan appointed chairman

Subhash Chandra, founder of broadcasting company Zee Entertainment Enterprises Ltd., has stepped down as non-executive director, and will stay on as chairman emeritus, the company disclosed in a stock exchange filing on Tuesday. This was first reported by Bloomberg Quint.

R. Gopalan, who has been an additional director in ZEEL’s board since November, will take over as chairman. Gopalan has been an IAS officer and has served the commerce and finance ministries.

Subhash Chandra was the former chairman until he stepped down in November 2019, after selling off a stake in the company, which led to the family shareholding falling to 5%.

Punit Goenka, Chandra’s eldest son, stepped down from the board of Zee Media Corporation. He was the last family member to have a seat on the board of Zee Media. Goenka, a non-executive, non-independent director, had resigned due to a “preoccupation”. Goenka continues to be the MD and CEO of ZEEL.

You May Also Like


Zee Entertainment Enterprises Limited’s Punit Goenka said that Zee5 would avoid acquiring big ticket films like Hotstar and Amazon Prime Video have done. “I...


Better late than never: the government of India has finally set up Parliamentary Standing Committees, with Congress MP Shashi Tharoor heading the committee on...


Zee Entertainment Ltd (ZEEL) reported consolidated revenues of Rs 2167 crore, up 18% from the same quarter last year. The company said that this...


The Essel Group will divest upto 50% of its 41.6% stake in Zee Entertainment Enterprises Ltd (ZEEL) to a strategic partner to address its...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ