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This was Sony s first comment post the Securities and Exchange Board of India s (SEBI) ban last week against Zee Group Chairman Subhash Chandra and CEO Punit Goenka for a year, saying they were actively involved in diverting company funds to the group s related entities. ....
The statement was issued after a media report claimed that Sony would stick to the deal despite an interim order by the SEBI that barred ZEEL Chairman Emeritus Subhash Chandra and his son Punit Goenka, who is also the MD and CEO of the firm, from holding any directorship or managerial posts in listed entities. ....
In his first interview since announcing the merger in December 2021, Punit Goenka speaks about the commitment of both Zee and Sony towards the merger and the way ahead for the company ....