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Zee Entertainment shareholders reject proposal to reappoint Punit Goenka as director

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Shareholders of Zee Entertainment have rejected the reappointment of Punit Goenka as director, according to a regulatory filing by the company. The resolution for Goenka's reappointment was defeated in the annual general meeting, with only 49.54% of the total votes cast in favor of the resolution. This is a significant setback for Goenka, who is currently the CEO of Zee Entertainment. He had earlier resigned as managing director but continued as CEO. Other resolutions, including adoption of financial statements and declaring a dividend, were passed successfully.