MUMBAI: Subhash Chandra has stepped down from the post of director and non-executive chairman of Zee Media. According to a report on BSE, Zee Media announced that its board meeting held on 24 May took on record the resignation of Dr. Subhash Chandra as director and non-executive chairman of the company with effect from 24 May.

With this announcement, R K Arora has been appointed as the CEO as an additional director of the company with immediate effect.

Zee Media has a lavish portfolio of news channels under it which includes Zee News, Zee Business, India 24x7, Zee Punjab Haryana Himachal, Zee Madhya Pradesh Chhattisgarh, Zee 24 Taas, 24 Ghanta, Zee Kalinga News, Zee Purvaiya and Zee Rajasthan News.