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The board of directors of Zee Entertainment Enterprises(ZEE) on Friday snubbed its largest investor Invesco’s demand for calling an extraordinary general meeting (EGM) to remove MD and CEO Punit Goenka from the board. ZEE said in a disclosure to bourses that it is unable to convene the EGM, in the “best interests of the company as a whole, including all its shareholders and stakeholders.”
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