SEBI Bars Zee promoters from director positions amid fund diversion probe
This measure is effective until the conclusion of the ongoing investigation being conducted by SEBI into alleged fund diversion.
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This measure is effective until the conclusion of the ongoing investigation being conducted by SEBI into alleged fund diversion.
India’s Securities and Exchange Board of India (SEBI) will complete its investigation into the case pertaining to Zee Entertainment Enterprises Ltd owners Sub
SEBI said it will complete the investigation in the matter in a time-bound manner and in any event, ‘within a period of 8 months from the date of this order’.
SEBI has also upheld an interim order barring Chandra and Goenka from holding directorial or key managerial posts in listed companies till the regulator concludes its investigation.
(This story has not been edited by THE WEEK and is auto-generated from a PTI