ZEE Entertainment board throws its weight behind Ashok Kurien, Manish Chokhani

The board of ZEE Entertainment Enterprises (ZEEL) has decided to support its two former non-executive directors against whom corporate governance issues have been raised. The board also refuted allegations made by proxy advisory firms.

Speculations disparaging the contribution of the directors are baseless and arise out of inadequate understanding of the industry, and decisions taken by committee members and the board are being wrongly attributed to individual directors without any basis, the company said in a press note.