Proxy advisory firm flags 'crisis' at Zee Ent, co rejects claims
Proxy advisory firm flags 'crisis' at Zee Ent, co rejects claims
Shareholder advisory firm InGovern has urged Zee Entertainment to appoint a professional MD and conduct a forensic audit of related-party transactions, citing a governance vacuum. Despite promoters holding less than 4% equity, they maintain operational control, a situation InGovern deems a crisis of confidence. Zee has refuted the allegations as factually incorrect and misleading.
Shareholder advisory firm InGovern has urged Zee Entertainment to appoint a professional MD and conduct a forensic audit of related-party transactions, citing a governance vacuum. Despite promoters holding less than 4% equity, they maintain operational control, a situation InGovern deems a crisis of confidence. Zee has refuted the allegations as factually incorrect and misleading.
Shareholder advisory firm InGovern has urged Zee Entertainment to appoint a professional MD and conduct a forensic audit of related-party transactions, citing a governance vacuum. Despite promoters holding less than 4% equity, they maintain operational control, a situation InGovern deems a crisis of confidence. Zee has refuted the allegations as factually incorrect and misleading. 
