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Asia

Zee shares tumble 12% after Sebi action against Subhash Chandra, Punit Goenka

Markets-Economic Times · 1h ago · 🇮🇳 India

Zee shares tumble 12% after Sebi action against Subhash Chandra, Punit Goenka

Zee Entertainment shares plunged over 12% after Sebi barred founder Subhash Chandra and CEO Punit Goenka from the securities market for one year over an unauthorised property pledge case. The regulator also fined ZEEL and flagged governance lapses, even as shareholders recently approved a Rs 3,144 crore promoter fundraise.

Read the full story at Markets-Economic Times →

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