The capital-markets regulator SEBI has imposed a one-year ban on Zee's Subhash Chandra and Punit Goenka from holding key managerial positions.
In addition to the ban, the regulator fined ZEEL ₹30 lakh and prohibited the company from accessing the securities market for a period of two months.
The regulatory action follows an investigation into the company's financial dealings, impacting the leadership structure and market access for the media entity.