SEBI Imposes Penalties, Bans Zee Executives Over Fund Diversion and Land Pledge Violations
The Securities and Exchange Board of India (SEBI) levied significant penalties against Zee Entertainment Enterprises Ltd (ZEEL), barring its top executives, Subhash Chandra and Punit Goenka, from accessing the securities market for a full year. The regulatory action stemmed from findings related to fund diversion and violations concerning property mortgages, specifically citing issues arising from a Hyderabad land pledge case. ZEEL itself was also temporarily barred from trading for two months.
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SEBI fines Zee, bars CEO Punit Goenka, founder Subhash Chandra from markets for one year
CEO Punit Goenka and founder Subhash Chandra have been barred from accessing the securities market for one year by the Securities and Exchange Board of India (SEBI) after the regulator found ...
SEBI Bars Punit Goenka, Subhash Chandra From Securities Market over ZEE Property Mortgage Violation
Market regulator SEBI has barred Zee Entertainment Enterprises Ltd (ZEEL) and two of its top executives, Punit Goenka and Subhash Chandra, from the securities market after finding that ZEEL's ...
Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
The Securities and Exchange Board of India (Sebi) has prohibited Zee Entertainment Enterprises Ltd (ZEEL) from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & ...
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