Sebi rejects settlement plea of ZEEL, Goenka; expands investigation

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The regulator has also expanded the scope of the investigation, under which the media firm’s former chairperson, Subhash Chandra, is also under the scanner.

The markets regulator is investigating the alleged fund diversion by Chandra and his son, Punit Goenka.

It added that the examination report and all other documents relied upon will be treated as an integral part of the further investigation, and the earlier show-cause notice will be incorporated in further notices to be issued in the matter.

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Category: BusinessFinance

Markets: IndiaJapan

Topics: Subhash Chandra Zee Group ZEEL and Goenka settlement plea Punit Goenka Sebi Zee entertainment enterprises Punit Goenka Sebi investigation ZEEL Sebi rejects ZEEL settlement Sebi Corporate governance lapses Subhash Chandra Zee Entertainment Sebi rejects ZEEL settlement ZEEL Goenka case updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 17:14:23 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24817231

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