NEW DELHI: Zee Media Corporation Ltd (ZMCL) today announced that Punit Goenka has resigned as non-executive, non-independent director. Citing the reason, ZMCL said it was on account of his ‘preoccupation.’

“This is to inform that Punit Goenka, non-executive, non-independent director has tendered his resignation from the directorship of the company with effect from the close of business hours on 22 July 2020," the company said in a filing to the National Stock exchange.

Goenka will continue to be invested in Zee Entertainment Enterprises, which includes the company general entertainment and movie channels, its movie studio business and it’s video streaming platform Zee5.

Goenka is the elder son of Essel Group chairman Subhash Chandra. ZMCL, formely Zee News LTD, is a news network with 10 news channels in six different languages. 

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