IANSThe regulator had conducted an examination in the shares of ZEE for period between January 1, 2019 to December 26, 2019 to ascertain any possible violation of its insider trading and takeover rules.
"SEBI in its examination report observed that Applicant (ZEE) has made delayed disclosure... to Exchanges w.r.t. to invocation of pledged shares," Sebi said in its settlement order on Wednesday.
Following this, Sebi issued a show cause notice to ZEE on July 15, 2022 alleging violation of insider trading regulations.
While the proceedings were pending, Zee Entertainment Enterprises sought to settle the case through the settlement mechanism.
Wednesday, 21 Jun, 2023- Front Page
- Pure Politics
- ET Markets
- Smart Investing
- More
RIL Gets RBI Nod to Retain Extra $2B from LendersReliance Industries, the country’s biggest company by market value, has received the Reserve Bank of India’s (RBI) permission to retain $2 billion over and above the $3 billion it had raised last fiscal in what was the largest syndicated loan facility in years.
2023: A Space Odyssey Indo-US Collab on CardsExpanding bilateral space sector cooperation, including human space flights by India, will figure high on the agenda when Prime Minister Narendra Modi meets US President Joe Biden in Washington, DC on Thursday, said people with knowledge of the matter.
Afcons Begins IPO Talks with BanksShapoorji Pallonji group unit Afcons has started talks with banks for an initial public offering (IPO) of shares as it seeks to monetise assets to help meet payment commitments made in loan covenants involving the company’s financiers, people aware of the stock sale initiatives told ET.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Get Unlimited Access to The Economic Times 
