ZEE board sets higher performance targets for MD and CEO Punit Goenka

ZEE's board will track Punit Goenka's performance based on enhanced targets, following his re-appointment as MD and CEO.

By  Storyboard18| Nov 18, 2024 8:25 AM

The board of Zee Entertainment Enterprises Ltd (ZEEL) has enhanced the performance targets for its MD and CEO Punit Goenka for his re-appointment, PTI reported based on a regulatory filing by the company.

The board of ZEEL "considered and approved higher targets to evaluate the performance of Punit Goenka which includes Quarterly Consolidated Revenue Outlook for next 4 quarters (commencing Q3FY25), Quarterly Consolidated EBITDA Outlook for next 4 quarters (commencing Q3FY25) and payout of 25% of consolidated net profits as dividend to the shareholders of the Company." Now the board will track the performance of Punit Goenka based on the above-mentioned targets, it said.

First Published onNov 18, 2024 8:24 AM

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