The board has cleared the appointment of Ashish Agarwal as the company secretary after M Lakshminarayanan also tendered his resignation.
Zee Entertainment Enterprises share price slipped 9 percent in the morning trade on November 26 following the resignations of chairman Subhash Chandra and other senior officials.
Chandra had a day earlier resigned as the chairman of the board with immediate effect. He will, however, remain a non-executive director of the cash-strapped company.
Chief compliance officer and company secretary M Lakshminarayanan has also quit. Ashish Agarwal is the new company secretary.
Neharika Vohra and Sunil Sharma tendered their resignations as independent director. Surendra Singh, R Gopalan and Aparajita Jain have been appointed as independent directors by the board.