Zee board backs its directors amid controversy over reappointment

NEW DELHI: The tussle between ZEE Entertainment Enterprises Limited (ZEEL) and its shareholders over the re-appointment of directors is all set to get nastier as the board of directors of ZEEL has decided to back non-executive directors Ashok Kurien and Manish Chokhani. The ZEEL board has in a statement said that it strongly condemned the allegations made by ‘certain proxy advisory firms’ against its former non-executive directors, Kurien and Chokhani.

“Speculations disparaging the contribution of the said non-executive directors of the company are baseless and arise out of inadequate understanding of the industry. Decisions taken by committee members and the board of directors of the company are being wrongly attributed to individual directors without any basis,” the board said.