SEBI bars Zee Entertainment's Punit Goenka and Subhash Chandra for one year; imposes ₹1.48 crore penalty

The regulator’s investigation, triggered by missing title deeds of a company property, found that ZEEL’s land had been used as collateral for loans availed by entities linked to a major shareholder without the necessary approvals or disclosures.

India's markets regulator on Friday

imposed penalties ‌totalling ₹1.48 crore ($155,168.80) on Zee Entertainment Enterprises (ZEEL), ⁠Chief

Executive Punit Goenka and Founder-Chairman Emeritus Subhash

Chandra for securities law violations.The ‌Securities and Exchange Board of India (SEBI) also

SEBI bars Zee Entertainment's Punit Goenka and Subhash Chandra for one year; imposes ₹1.48 crore penalty

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