Zee challenges Sebi ban on ₹3,143.5 cr warrant issue
after close1 source ↓written by the desknot a recommendation
- preferential issue
- ₹3,143.5 cr
Zee Entertainment Enterprises and MD & CEO Punit Goenka have appealed against a Sebi order restricting their market access. They seek interim relief to proceed with a ₹3,143.5 cr preferential issue of warrants to Sunbright Mauritius Investments. The appeal is set for hearing at the Securities Appellate Tribunal on Wednesday.
Not investment advice. For informational purposes only.