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June 12, 2023
Essel Groups Subhash Chandra & ZEE CEO Punit Goenka have been banned by Sebi from holding any director or KMP position in any listed company or its subsidiaries till further notice for siphoning funds from ZEEL. ZEEL has been asked to place this order before its board within 7 days.
April 14, 2023
Best Media Info: Goenka proposed to the Securities and Exchange Board of India (Sebi) to settle the proceedings "without admitting or denying the findings" through a settlement order| Television News
April 13, 2023
During the investigation, it was found that Goenka failed to put in place adequate internal controls within the company to identify unpublished price sensitive information.