Zee Entertainment Enterprises Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Zee Entertainment shareholders approved two director appointments through a postal ballot that concluded on July 8, 2025. Mr. Saurav Adhikari (DIN: 08402010) was appointed as a Non-Executive, Non-Independent Director with 75.33% of votes in favor (347.76 crore shares) versus 24.67% against (113.87 crore shares). Ms. Divya Rupchand Karani (DIN: 01829747) was appointed as a Non-Executive, Independent Director for a three-year term (Jan 23, 2025 to Jan 22, 2028) with 75.97% in favor (351.44 crore shares) versus 24.03% against (111.13 crore shares). Both resolutions passed with the requisite majority, but roughly one in four voting shares went against each appointment, indicating notable shareholder dissent. The voting was conducted electronically between June 9 and July 8, 2025, and scrutinized by Ms. Vinita Nair of Vinod Kothari & Co.
Both directors are now formally on the Zee board, which may help stabilize governance after the Sony merger collapse. The ~24-25% dissent on both resolutions is a yellow flag suggesting significant minority shareholder dissatisfaction that investors should monitor for future board-related votes.