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Zee Entertainment forms interim committee to run operations; shares up 6.3%

Business Standard


BENGALURU (Reuters) – Zee Entertainment Enterprises on Monday said it formed an interim committee to run operations after ex-chairman Subhash Chandra and CEO Punit Goenka failed to overturn the market regulator’s ban on them holding board positions.


The interim committee will be under the supervision of Zee’s board, a company spokesperson said.


The Securities and Exchange Board of India in June banned Chandra and Goenka from holding…


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