I truly hope that this will be my first and last communication on this matter so that we can focus on our value-creation journey at ZEE, writes Goenka
The offer was turned down by Zee's Managing Director and Chief Executive Officer Punit Goenka as he felt the merging entities of the strategic group were over-valued
Earlier this month Invesco and OFI had demanded the removal of Punit Goenka along with two others
The merger has been approved in the best interest of the shareholders and stakeholders, according to ZEEL.
Pradeep Dwivedi was elected Vice President, Jaideep Gandhi as Hon. Secretary and Abhishek Karnani as Hon. Treasurer
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