MUMBAI: Zee Telefilms, at the its AGM held today, has approved dividend at 100 per cent per equity share of Re 1/- each.

The AGM also cleared the appointment of CMD Subhash Chandra's eldest son Punit Goenka as whole time director for a period of 5 years effective from 1 January, 2005 and Laxmi Goel as whole time director of the company for a period of five years effective 1 April, 2005.

The AGM also cleared the appointment of Ratan Jetley as director liable to retire by rotation.