Zee CEO Punit Goenka appeals SEBI market ban at SAT
Zee Entertainment Enterprises Ltd (ZEEL) and its CEO, Punit Goenka, have filed an appeal with the Securities Appellate Tribunal (SAT) to contest a recent SEBI ruling, requesting immediate relief. The tribunal is scheduled to review the case this Wednesday. Previously, SEBI imposed a two-month market ban on ZEEL, while Punit Goenka and promoter Subhash Chandra were restricted for 12 months due to accusations involving the improper use of company assets.
by shortkt.com✓