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Zee Entertainment shares decline over 4% after CFO Rohit Kumar Gupta resigns
Zee Entertainment Enterprises Ltd (ZEEL) elevated Mukund Galgali, as an acting Chief Financial Officer of the company, as per a regulatory filing from ZEEL.
Shares of Zee Entertainment Enterprises declined over 4 per cent after the company witnessed another top-level exit as the company's Chief Financial Officer Rohit Kumar Gupta resigned. The stock dropped 4 per cent to ₹154.35 on the BSE and on the NSE, it went lower 4.11 per cent to ₹154.30.
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Zee Entertainment Enterprises Ltd (ZEEL) elevated Mukund Galgali, as an acting Chief Financial Officer of the company, as per a regulatory filing from ZEEL.
The board of the company has approved the promotion of Mukund Galgali, who is with the group for over 17 years and currently spearheading the Commercial & Strategic Initiatives of the company, it added. The change would be effective from June 19, 2024.
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Recently, there have been resignations at the top level from the media & entertainment firm ZEEL.
Last week, ZEEL President of HR & Transformation Animesh Kumar resigned from the company to pursue interests outside the organisation.
In April, the company's president of content and international markets Punit Misra quit.
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Earlier, in March this year Rahul Johri who was President of business and heading revenue and monetisation, resigned after a stint of over three years.
In March, Zee Entertainment's President and group chief technology officer, Nitin Mittal had also resigned.
