On 14 August, Sebi had in its confirmatory order restrained Punit Goenka and his father Subhash Chandra from holding any key managerial position in any listed company or Zee group entity until further orders
ITC reported a 18% growth in net profit at Rs 4,903 crore in Q1. Revenue from operations declined 8% to Rs 15,828 crore. The net profit was higher than an ETNow poll of Rs 4,769 crore, but revenue was lower than the estimated Rs 16,893 crore.
ZEE: Sebi clarified till orders, the two entities should not hold positions of a director or a KMP in ZEE, other public listed companies and their wholly owned subsidiaries, which are under the control of entities