Capital Markets #sebi#zee
Sebi Bars Zee's Subhash Chandra, Punit Goenka From Market for One Year
Sebi has barred Zee group's Subhash Chandra and Punit Goenka from the market for one year for fraudulently pledging ZEEL's Hyderabad land parcels as security for personal loans. The regulator fined Chandra Rs 60 lakh, Goenka Rs 58 lakh and ZEEL Rs 30 lakh over the 2018 incident. The order came after four group entities took loans totalling Rs 726 crore in December 2016.
Aug 1, 2026 1 source