Zee Entertainment shares decline over 4% after CFO Rohit Kumar Gupta resigns - Hindustan Times
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Zee Entertainment shares decline over 4% after CFO Rohit Kumar Gupta resigns

Jun 19, 2024 11:15 AM IST

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.

Zee Entertainment logo is displayed in this illustration taken.(Reuters)
Zee Entertainment logo is displayed in this illustration taken.(Reuters)

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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.

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