Adesh Kumar Gupta to quit as Director of ZEEL
Adesh Kumar Gupta will also cease to be a member of the audit committee, chairman of the risk management committee and stakeholders relationship committee of the board after the upcoming AGM
Adesh Kumar Gupta has decided not to continue as a Director of Zee Entertainment Enterprises Ltd (ZEEL) after the upcoming annual general meeting (AGM). Gupta has informed this to the company about withdrawing his re-appointment through a letter.
The company notified BSE about Gupta’s decision on Thursday. According to the notice, Gupta will cease to be a member of the audit committee, and chairman of the risk management committee and stakeholders relationship committee of the board after the AGM.
In the letter, Gupta wrote that he will not be able to continue as the director of the company owing to personal reasons and commitment. He said, “I withdraw my re-appointment as director of the company at the AGM.”
He also said, “I wish great success to the company and hope the pending merger with Sony will be completed at earliest.”
