 "Punit Goenka")
Invesco Fund, which owns 18 per cent of Zee Entertainment Enterprises, has reiterated its demand to oust Punit Goenka, current CEO and MD, from the board and induct its six nominees on Zee board.
In a letter to the ZEEL board, Invesco said the newly constituted board supported with the strength of independence will be best suited to evaluate and oversee potential for strategic transactions like the one announced on September 22 with Sony, as well as to make determinations on the future leadership of the company.
When contacted, a ZEEL spokesperson said: "The Board is seized of the matter.
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