The management of Zee Entertainment has announced a significant change. The company has appointed Sangeeta Shetty as its new Chief Compliance Officer (CCO) and Company Secretary. Her appointment will be effective from November 2, 2026. This decision follows the resignation of Ashish Agarwal, who stepped down from his position on October 29, 2026, citing personal reasons.
The company’s Board of Directors approved Sangeeta Shetty’s appointment during a meeting held on October 30, 2026. Prior to this, her name had been recommended by the Nomination and Remuneration Committee. In her new capacity, she will report directly to the company’s Chief Executive Officer (CEO), Punit Goenka, and will operate from the company’s head office in Mumbai.
Sangeeta Shetty brings more than two decades of experience in the fields of corporate governance and regulatory compliance. Her new responsibilities at the company will include strengthening the governance system, ensuring better adherence to regulatory requirements, and enhancing engagement with shareholders.
According to Zee Entertainment, this appointment aligns with the company’s future growth plans. The company aims to establish robust governance standards that foster greater transparency and accountability in its operations, while also making risk management more effective.
Commenting on Sangeeta Shetty’s appointment CEO of the company Punit Goenka stated that strong governance and transparency are essential for the sustainable growth of any organization and for maintaining the trust of its stakeholders.
He added that Shetty’s extensive experience in managing compliance processes within listed companies will help strengthen Zee Entertainment’s institutional capabilities.
Experience ranging from Abbott India to the Edelweiss Group
Sangeeta Shetty is a Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI), holding membership number ACS 18865.
She possesses a deep understanding of the Companies Act, 2013, as well as SEBI’s LODR, SAST, PIT, and ICDR regulations, alongside expertise in insider trading governance. She also has experience in developing enterprise compliance frameworks and ensuring timely and accurate regulatory filings.
Throughout her career, she has worked with several prominent companies and institutions, including Abbott India Limited, Aditya Birla Sun Life Insurance, Aditya Birla Money, the Edelweiss Group, and MSEI.
Prior to Sangeeta Shetty’s appointment, Ashish Agarwal resigned from his position at Zee Entertainment. He had served as the company’s Company Secretary for over seven years. According to the company, he submitted his resignation on October 29, 2024, citing personal reasons.
The company has acknowledged and appreciated his contributions to the secretarial function during his tenure. This change at Zee Entertainment comes at a time when the company is focusing on further strengthening its governance and oversight mechanisms. Sangeeta Shetty’s experience could prove significant for the company in this regard.
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