Zee Entertainment Enterprises Limited’s (ZEEL) MD & CEO Punit Goenka finally opened up on the ongoing issue with its investor Invesco. In a statement on Thursday, he said that he isn’t worried about his position but about the future of the media company. He said that the purpose of the current tussle with Invesco is to make the company even stronger. “We have to try that the future of the company is not affected,” he added to his statement.
The illegal attempt by Invesco to take over Zee Entertainment has been totally exposed. The board has been informed of Invesco's double standards by Punit Goenka, MD and CEO of ZEEL. Punit Goenka gave a presentation at a Board of Directors meeting on October 12, 2021 in which he told the board about his interaction with an Invesco representative in February 2021. Punit Goenka has also written to the BSE and the NSE in this regard.