Zee's Goenka Leads by Example with 20% Salary Reduction
According to the company's annual report, the CEO was paid ₹35 Crore in FY23. This amount consisted of ₹21 Crore in salary and benefits.
Source: indiainfoline.com
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Zee will sue Sony; promoter family to hike holding in Zee by 5 per cent, says Subhash Chandra
Punit Goenka and the family collectively decided he should step aside, and the merger should proceed because it was beneficial for Zee. This decision was communicated to Sony. It wasn't acceptable to Sony. I believe this was Sony's strategy all along: To engage with Zee and eventually withdraw, portraying Zee as vulnerable. I intend to convey this perspective to the Zee board as well, says Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises.
Source: indiatimes.com
HC Favours Invesco s Appeal Against ZEE - BW Businessworld
Invesco softens its stance, does not want to hold EGM, , zee entertainment, invesco
Source: businessworld.in
Bombay HC allows Invesco appeal against injunction on EGM to remove Zee CEO Punit Goenka
The Bombay High Court on Tuesday allowed an appeal filed by Invesco Developing Markets Fund, the largest shareholder of Zee Entertainment Enterprises Limited (Zee), against a single-judge order granting interim injunction on holding an EGM to remove Zee's CEO Punit Goenka.
Source: freepressjournal.in
Zee vs Invesco: Goenka says he's 'disappointed' how the current situation is unfolding
Goenka says as a law-abiding citizen and a representative of a responsible corporate citizen, he has complete faith in the judicial and regulatory system.
Source: businesstoday.in