Sebi bans Zee promoters Subhash Chandra, Punit Goenka from holding directorial, key managerial roles over fund siphoning
Essel Group's 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.
Source: livemint.com