Mumbai: Punit Goenka has resigned from the post of Zee Media Corporation’s non-executive-non-independent director. The Company made the announcement in an exchange filing during market hours Wednesday.
Zee Media Corporation Limited (formerly Zee News Ltd), a part of the multi-billion dollar Essel Group, is one of the country’s news networks with around 14 news channels and some digital properties under its fold.
Punit Goenka has cited “preoccupation” as the reason for his resignation from the company’s board. His resignation will come into effect from the close of business hours on 22nd July 2020.
Punit Goenka continues to lead Zee Entertainment Enterprises Ltd. (ZEEL) as its Managing Director and Chief Executive Officer.