Retail shareholders spoil Goenka’s bid; seek change at Zee

In a conversation with FE last week, Zee's chairman R Gopalan said that Goenka needed to focus his attention on the enhanced targets set by the board. These targets include quarterly consolidated revenue and consolidated Ebitda outlook for the next four quarters (commencing Q3FY25) and a payout of 25% of consolidated net profits as dividend to the shareholders of the company.