2 min read | Published on 30 Oct 2026, 05:14 PM |Updated on 30 Oct 2026, 11:01 PM
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- Sangeeta Shetty appointed as Chief Compliance Officer and Company Secretary effective November 2, 2026
- Ashish Agarwal resigned from the position on October 29, 2026, citing personal reasons
- Board approved the appointment on October 30, 2026, following Nomination and Remuneration Committee recommendation
- Revised Key Managerial Personnel list includes Punit Goenka, Mukund Galgali, and Sangeeta Shetty for materiality disclosures

*this image is generated using AI for illustrative purposes only.
Zee Entertainment has announced the appointment of Sangeeta Shetty as its new Chief Compliance Officer and Company Secretary. The appointment is effective from November 2, 2026, following the resignation of Ashish Agarwal on October 29, 2026.
Shetty brings over two decades of experience in corporate governance and regulatory compliance. She will report directly to Chief Executive Officer Punit Goenka and will be based at the company’s headquarters in Mumbai. The Nomination and Remuneration Committee recommended her appointment, which was subsequently approved by the Board of Directors during their meeting on October 30, 2026.
Governance and compliance focus
In her new role, Shetty is tasked with strengthening the company’s governance framework, enhancing regulatory compliances, and improving shareholder engagement. The company stated that this move aligns with its future growth plans and aims to instill robust governance standards that nurture transparency, accountability, and effective risk management.
Punit Goenka emphasized that strong governance and transparency are fundamental to sustainable growth and stakeholder confidence. He noted that Shetty’s extensive experience in managing compliance processes for listed entities will be instrumental in strengthening the company’s institutional capabilities.
Professional background
Sangeeta Shetty is a qualified Company Secretary and Associate Member of the Institute of Company Secretaries of India (ACS 18865). Her expertise covers the Companies Act, 2013, SEBI (LODR), SAST, PIT, ICDR, and insider trading governance. She has a proven track record in building enterprise compliance frameworks and delivering zero-defect filings.
Her career includes roles at several prominent organizations:
- Abbott India Limited
- Aditya Birla Sun Life Insurance
- Aditya Birla Money
- Edelweiss Group
- MSEI
- Angel One
Transition details
Ashish Agarwal resigned from his position due to personal reasons after serving as Company Secretary for over seven years. The company acknowledged his contribution to the secretarial function during his tenure. Shetty’s appointment marks a continued effort by Zee Entertainment to enhance oversight mechanisms and navigate an increasingly dynamic regulatory environment.
Key managerial personnel disclosure
Pursuant to Regulation 30(5) of the SEBI Listing Regulations, Zee Entertainment disclosed the revised list of Key Managerial Personnel authorised to determine the materiality of information and make disclosures to stock exchanges. This update reflects the change in the Company Secretary and Compliance Officer role. The authorised KMPs effective November 2, 2026, are:
| Name | Designation |
|---|---|
| Punit Goenka | Chief Executive Officer |
| Mukund Galgali | Chief Financial Officer |
| Sangeeta Shetty | Chief Compliance Officer and Company Secretary |
The company confirmed that these details are available on its official website.
Historical Stock Returns for Zee Entertainment
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.83% | -3.01% | -10.44% | -26.60% | -36.05% | -77.94% |
How might Sangeeta Shetty’s prior experience at fintech and insurance firms influence Zee Entertainment’s approach to digital media regulations?
Will the new compliance leadership accelerate the resolution of pending regulatory issues or litigation facing Zee Entertainment?
How could strengthened governance standards impact Zee Entertainment’s valuation and attractiveness to institutional investors in the near term?
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