Zee Entertainment Moves SAT Against SEBI Market-Access Bar

Zee Entertainment and CEO Punit Goenka have filed an appeal with the Securities Appellate Tribunal (SAT) to challenge SEBI's recent order barring them from market access.

The company is seeking urgent interim relief, arguing that the regulatory restrictions are impacting its operational stability and investor confidence.

The legal challenge follows SEBI's investigation into alleged market manipulation, with the next hearing scheduled to address the request for a stay on the order.