Zee Media shareholders approve all 3 resolutions at AGM

Shareholders of Zee Media Corporation have approved all three resolutions placed before the company’s 27th Annual General Meeting, including adoption of the audited financial statements for FY26, reappointment of director Surender Singh and ratification of the cost auditors’ remuneration for FY27.

The resolutions were approved with more than 99.99% of the votes polled in favour, according to the consolidated voting results submitted by the company to the stock exchanges. The AGM was held through video conferencing on September 22.

The resolution to adopt the company’s standalone and consolidated audited financial statements for the financial year ended March 31, 2026 received 233,563,678 valid votes. Of these, 233,557,999 were cast in favour and 5,679 against, resulting in 99.9976% of votes polled being in favour.

Shareholders also approved the reappointment of Surender Singh as director, liable to retire by rotation. The resolution received 233,700,512 valid votes, with 233,693,039 votes in favour and 7,473 against. The resolution therefore received 99.9968% of the votes polled in favour.

The third resolution, relating to ratification of the remuneration of cost auditors for FY27, received 233,700,512 valid votes. Of these, 233,694,752 were in favour and 5,760 against, taking the approval level to 99.9975% of votes polled.

The voting was conducted through remote electronic voting and electronic voting during the AGM, with National Securities Depository Ltd (NSDL) providing the e-voting platform. Remote e-voting opened on September 19 and closed on September 21, while shareholders who had not voted earlier were allowed to vote during the meeting and for 15 minutes after its conclusion.

The AGM was attended virtually by 70 shareholders, including five from the promoter and promoter group and 65 public shareholders. The company had 1,86,918 shareholders on the record date for determining eligibility for remote e-voting and e-voting at the AGM.

The company’s board and key management were present at the meeting. Susanta Kumar Panda, independent director and chairman of the board, chaired the AGM. Chief executive officer Raktimanu Das, chief financial officer Dinesh Kumar Garg and company secretary and compliance officer Ranjit Srivastava also participated in the meeting. Representatives of the statutory, secretarial, cost and internal auditors were present through video conferencing.

The shareholder meeting also included a question-and-answer session, during which seven registered speaker shareholders raised queries or made comments on the company’s financial performance and other matters. The company said its CEO and CFO provided clarifications and responses to the queries.

The voting pattern showed support across shareholder categories. For the adoption of the financial statements, the promoter and promoter group voted their entire 59,264,659 shares in favour. Public institutional shareholders also voted all 69,241,078 shares polled in favour, while among public non-institutional shareholders, 105,052,262 votes were in favour and 5,679 against.

For Singh’s reappointment, the promoter and promoter group again voted their entire holding in favour, while the 69,377,912 public institutional votes polled were also entirely in favour. Among public non-institutional shareholders, 105,050,468 votes were cast in favour and 7,473 against.

With all three resolutions receiving the requisite shareholder approval, the company has completed the formal business placed before its 27th AGM for FY26.