Subhash Chandra Resigns As Chairman Of Zee Entertainment Enterprises

New Delhi, PTI | Updated : 25 November 2019, 07:56 PM
Subhash Chandra
Subhash Chandra (Photo Credit : PTI file )

Zee Entertainment Enterprises Ltd (ZEEL) on Monday said its promoter Subhash Chandra has resigned as chairman of the company's board, with immediate effect. The company's board has accepted the resignation, ZEEL said in a regulatory filing.

"The board accepted his resignation and noted that this is in line with the requirements of Regulation 17(IB) of Sebi Listing Regulations, which inter alia mandates that the chairperson of the board shall not be related to the managing director or the chief executive officer of the company," the company said.

Chandra will remain the company's non-executive director, it added. 

First Published: Monday, November 25, 2019 07:47 PM
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