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Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
New Delhi, Aug 1 (PTI) Sebi has prohibited Zee Entertainment Enterprises Ltd (ZEEL) from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year over unauthorised pledge of the company’s Hyderabad land to secure loans availed by promoter-linked Essel Group entities. Additionally, the regulator […]
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economictimes.indiatimes.com
Sebi imposes penalty of Rs 1.48 crore on Zee Entertainment
SEBI also said it barred the company's CEO Punit Goenka and founder Subhash Chandra from the securities market for one year for violating the securities law.
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thehindubusinessline.com
SEBI bars Zee Entertainment's Punit Goenka and Subhash Chandra for one year; imposes ₹1.48 crore penalty
SEBI imposes ₹1.48 crore penalty on Zee Entertainment, Punit Goenka and Subhash Chandra, citing governance lapses and undisclosed loan security arrangements.
