Zee Media Corporation Limited announced that upon the recommendation of the Nomination and Remuneration Committee, the Board of Directors at its meeting held on March 29, 2024 has noted the cessation of employment and approved the appointment, in Senior Management Personnel of the Company, as below: Noted the resignation tendered by Mr. Madhu Soman, the Chief Business Officer - WION and Zee Business, effective from the close of business hours of March 31, 2024. Approved the appointment of Mr. Pankaj Rai as the `Business Head - WION and Zee Business' effective from March 29, 2024. Mr. Pankaj brings over 15 years of extensive experience spanning the realms of broadcast and digital media.

Throughout his career, he has overseen revenue portfolios in both broadcast and digital media sectors. Before joining Zee Media, he served as the National Head for the Q. Prior to that he was with Zee Entertainment, managing revenue portfolios for channels. Mr. Pankaj Rai who is currently associated with the Company be appointed as the Business Head - WION and Zee Business.