Zee Entertainment Enterprises on Friday 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.
Notably, Sebi on March 2, 2023 had barred Arshad Warsi and promoters of Sadhna Broadcast from the securities market in a case related to uploading misleading videos on YouTube channels which recommended investors to buy the company’s securities.