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Cannot hold the position of a director
- Mumbai: The Securities and Exchange Board of India (Sebi) Monday said Essel Group founder Subhash Chandra Goenka and his son Punit Goenka cannot hold the position of a director in various group companies, including Zee Entertainment Enterprises (Zee), Zee Media Corp and the proposed merged entity between Zee and Sony Pictures Networks India (Sony), until the regulator concludes its investigation in the alleged fund diversion case against them.
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Can Subhash Chandra & Punit Goenka be directors?
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Can Punit Goenka retain key managerial position?
Aug 15, 2023 · Sebi said in its order that the former Zee Group Chairman Subhash Chandra and Punit Goenka cannot be directors of any entity formed through the merger or amalgamation of any of the four companies.
- Business
Jun 13, 2023 · Securities and Exchange Board of India (SEBI), in an interim order, has barred Essel Group Chairman Subhash Chandra and his son Punit Goenka, Managing Director and CEO of Zee Entertainment Enterprises Ltd (ZEEL), from holding directorial or key management personnel positions in any listed entity, as a result of an alleged diversion of funds of ...
- Hitesh Vyas
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Jun 13, 2023 · The Securities and Exchange Board of India (Sebi) on Monday issued a strongly-worded order against former Zee Group chairman Subhash Chandra and Punit Goenka, the Managing Director and...
Aug 15, 2023 · Mumbai: The Securities and Exchange Board of India Monday said Essel Group founder Subhash Chandra Goenka and his son Punit Goenka cannot hold the position of a director in various group companies, including Zee Entertainment Enterprises (Zee), Zee Media Corp and the proposed merged entity between Zee and Sony Pictures Networks India (Sony ...
Subhash Chandra, Punit Goenka barred from holding directorial positions: SEBI interim order. By HT News Desk. Jun 12, 2023 11:21 PM IST. SEBI stated that Chandra and Goenka ‘alienated’...
Jun 13, 2023 · 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.
Oct 30, 2023 · According to the SEBI order, Chandra and Goenka cannot be directors in any entity that is formed after the merger. In 2021, Zee Group had announced a merger of Zee with Sony's...
