Subhash Chandra And Punit Goenka Barred From Holding Directorial Position By SEBI; Approach Tribunal swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Markets regulator Sebi on Monday barred Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka from holding the position of a director or key managerial personnel in any listed company for siphoning off funds of the media firm.
Market regulator Securities and Exchange Board of India (SEBI) barred Essel group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd (ZEEL) s chief executive officer (CEO) of Punit Goenka from holding directorial or key managerial positions (KMP) in any listed company or its subsidiaries.
In an interim order passed on 12 June, Sebi stated, “The Noticees (Chandra and Goenka) shall cease to hold the position of a director or a Key Managerial Personnel in any listed company or its subsidiaries until further orders.” The order is to be read with the interim order dated 25 April, 2023 passed in the matter of Shirpur Gold Refinery, , subhash chandra, punit goenka, zee entertainment enterprises, sebi