Zee Entertainment Enterprises Ltd News Today

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The promoters have opted to pay a premium of ₹3.42 per warrant , a signal, many believe, of their long-term confidence in Zee’s strategic direction.

Operating revenue fell 3% YoY from ₹2,046 crore to ₹1,979 crore last fiscal.

The investigation revealed that Deloitte was grossly negligent in auditing Zee's financial statements and violated several provisions of the Companies Act regarding related-party transactions.

The development comes at a time when Goenka, whose family owns approximately 4% of ZEEL and still retains management control.

Goenka will continue to serve as CEO for a five-year term until 2029 in spite of these changes.

The accusations related to Railtel claimed improper termination of a Content on Demand Agreement and the confiscation of cash.

He will continue on the board as a director pending shareholder approval, and the board has approved his desire to prioritise Zee's operational development plan.

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This partnership aims to enhance the distribution of Mukta Arts' films across various media platforms.