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zee: Zee strengthens advisory panel - The Economic Times

The IIC will conduct a thorough review of all allegations made by regulatory agencies against the company, its promoters, and key managerial personnel to protect the interest of shareholders and other stakeholders of the company. The committee will submit a report to the board after completing the exercise, outlining its recommendations and suggesting necessary actions.

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Stocks in news: Stocks in news: HDFC Bank, RIL, ZEE, Mahindra Holidays, Ashok Leyland

HDFC Bank received approval from the Reserve Bank to sell its 90% stake in the education loan company HDFC Credila- a move that will boost private lenders income in the fourth quarter.

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zee: MCA asks Sebi to share details on Zee, could summon Puneet Goenka

The ministry's preliminary probe had found appropriation of ZEEL's fixed deposits (FDs) by Yes Bank, for squaring off loans of related entities of Essel Group. ZEEL is part of the Essel Group promoted by Subhash Chandra and his family.

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MCA seeks info on Zee even as firm sets up panel to shore up investor confidence

On Friday, ZEEL said its board has constituted an independent advisory committee headed by Satish Chandra, retired judge of Allahabad High Court, to curb erosion of its investor wealth in the wake of speculations, leading to negative public opinion of the company.

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Zee in damage control mode, forms advisory panel to fix negative PR

Zee in an exchange filing said the panel will help the firm fix negative public opinon that led to 'erosion onf investor wealth'.

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ZEE: Sebi set to question ZEE top brass including Subhash Chandra and Punit Goenka on 'fund diversion'

ZEE shares tumbled 14.8% on the BSE on Wednesday to close at Rs 164.50 apiece, after Bloomberg reported Sebi had found that about $241 million (Rs 2,000 crore) might have been diverted by the company promoters. This has added to the steep decline in the ZEE share price after Sony Group scrapped a $10-billion merger plan involving its India business. A key factor for the collapse of the deal was the Sebi finding.

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SEBI to question Zee's top management over fund diversion allegations

Markets regulator SEBI aims to conclude its investigation by mid-April and then initiate legal proceedings based on its findings.

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ZEE fund diversion: Stock in news as Sebi may question Subhash Candra, Punit Goenka, says report

ZEE share price: Sebi would be questioning the top management of Zee including founder Subhash Chandra, chief executive and managing director Punit Goenka, the chief financial officer, the report suggested.

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Subhash Chandra, Punit Goenka may face Sebi questioning over 'fund diversion'

A June probe by the regulator found diversion to the tune of Rs 200 crore through related party transactions, a charge contested by Zee before the Securities Appellate Tribunal.

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zee share price: Zee shares rally 3% despite negative news flow. Is it a dead cat bounce?

The upside comes in Zee stock after it ended Wednesday's session 15% lower after Bloomberg reported that Sebi had found that about $241 million (Rs 2,000 crore) might have been diverted by the company promoters.

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