Zee Media Corporation Limited has informed the Exchange about approval of payment of commission to Non Executive Directors
ZEEMEDIA · price
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Awaiting price reaction for this filing.
Zee Media Corporation Limited announced the results of its postal ballot conducted from August 1 to August 30, 2025. Shareholders approved three special resolutions: (1) re-appointment of Mr. Susanta Kumar Panda as an Independent Director for a second term of 5 years, with 99.89% votes in favour; (2) re-appointment of Mr. Dinesh Kumar Garg as Whole-time Director, with 99.90% votes in favour; and (3) payment of commission to Non-Executive Directors (including Independent Directors) for three financial years starting FY2025-26, with 88.74% votes in favour. Total valid e-votes received were approximately 23.65 crore, representing about 37.82% of outstanding shares. The scrutinizer, Neelam Gupta, confirmed that all three resolutions were passed with the requisite majority.
Routine corporate governance event — existing directors have been re-appointed and shareholders have approved director compensation for the next three years. Strong approval margins indicate shareholder confidence, with no material impact on stock price expected.