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Until the investigation is complete, Subhash Chandra and Punit Goenka will not hold any directorial positions in any of the Essel Group companies, the regulator says. Sebi bars Punit Goenka to hold CEO position in Zee-Sony merged entity
The interests of entities, Subhash Chandra and Punit Goenka are factually in direct conflict with the interests of the public shareholders and the company, an order by SEBI Chairman Madhabi Puri Buch on Monday noted.As prima facie found, the ...
Markets regulator SEBI has modified its order against Zee promoter Subhash Chandra and his son Punit Goenka, and barred them from holding the post of director or key managerial personnel in at least four Zee group companies.
The two have been barred from holding Board and KMP positions in ZEEL and associated companies, versus the ban from holding such positions in any listed companies
Sebi order against Subhash Chandra and Punit Goenka, and barred them from holding the post of director or key managerial personnel.