Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs4 lakh on Cyquator Media Services Pvt Ltd, a promoter entity of Zee Entertainment Enterprises Ltd, for delayed disclosures in the creation of creation, invocation and sale of the pledge to Zee Enterprises.
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs30 lakh on Anil Agarwal-led Vedanta Ltd for not providing correct disclosures to the media, including misrepresentation on the company s website related to the Foxconn deal of its ultimate holding company.
After asking National Stock Exchange (NSE) and NSE Clearing Ltd (NCL) to pay Rs72.64 crore to settle the February 2021 trading halt issue, Securities Exchange of Board of India (SEBI) allowed three more officials from NSE to go scot-free with punishment like attending training courses and offering pro-bono community service.
Metropolitan Stock Exchange of India Ltd (MSEI) s former top executives Balu Nair, Kunal Sanghavi and Kundan Zamvar have agreed to pay Rs11.05 lakh each to settle the issue of awarding a big ticket contract to U Turn.
Best Media Info: The order came after ZEEL proposed to settle the pending proceedings "without admitting or denying the findings of fact and conclusion of law" through a settlement order| Television News