The ZEEL Board is yet to form a view on the continuance of Punit Goenka as MD, Gopalan said during an investor conference call
During an investor conference call, ZEEL Board Chairman R Gopalan said that the company will make counterclaims against Culver Max and BEPL for breaches of merger agreement 'at the appropriate stage'
According to a BW BusinessWorld report, ZEEL Chairman R Gopalan has constituted an independent investigation committee headed by a retired High Court judge for a review of allegations levelled by SEBI
The company said the Board will take all necessary actions in the best interest of the stakeholders
Chandra's appointment will be effective August 19, 2020