ZEEL board forms advisory panel

Zee Entertainment Enterprises Ltd (ZEEL) is establishing an advisory committee to help it protect the interests of stakeholders amid what it said were misinformation and rumours resulting in negative public opinion about the company.

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"The board has approved to constitute an independent advisory committee that will enable it to review and take cognizance of the widespread circulation of misinformation, market rumours, and speculation that has led to the formation of negative public opinion about the company and consequent erosion of investor wealth," the company said in a statement on Friday.