ZEEL share price: Zee Entertainment shares surge over 6% as MD Punit Goenka resigns

Shares of Zee Entertainment Enterprises (Zee) surged 6.5% to an intraday high of Rs 122.88 on the BSE after the company, in an exchange filing on Monday, informed that the group’s Managing Director (MD), Punit Goenka, has resigned from his role. However, he will retain his position on the company’s board.

“We hereby inform you about the following changes in the Key Managerial Personnel of the Company: 1. Mr. Punit Goenka, Managing Director – Key Managerial Personnel of the Company, decided to relinquish his position as Managing Director of the Company to entirely focus on his operational responsibilities assigned to him by the Board on November 15, 2024,” said the company in a filing to the exchanges.

The company further informed…

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