Zee Entertainment CEO Punit Goenka buys majority stake in Maverick Media

Zee Entertainment Enterprises’ managing director and chief executive officer, Punit Goenka, acquired a majority stake in Maverick Media in his personal capacity for an undisclosed amount.

This investment will enable Maverick Media, a single-screen theatre firm, to unlock the potential of under-screened markets across the country by building theatres in Tier-II and Tier-III cities, a statement by Goenka’s office said on Monday.