Zee Media Corporation Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
ZEEMEDIA · price
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Zee Media Corporation Limited announced the results of its postal ballot conducted from August 1 to August 30, 2025, with all three special resolutions approved by shareholders. The first resolution re-appoints Mr. Susanta Kumar Panda as an Independent Director for a second term of 5 years, receiving 99.89% votes in favour. The second resolution re-appoints Mr. Dinesh Kumar Garg as a Whole-time Director, approved by 99.90% of votes. The third resolution, which authorizes payment of commission to Non-Executive Directors (including Independent Directors) for three financial years starting FY 2025-26, received 88.74% support. Total voting turnout was about 37.82% of outstanding shares (23.65 crore shares), with 1,93,469 shareholders eligible to vote.
All three resolutions cleared with strong shareholder backing, meaning the current board structure and director remuneration framework remain intact. The high approval rates suggest investor confidence in the existing leadership, though the lower support (88.74%) for the director commission may reflect some shareholder reservations about payout governance.