Zee Shares Plunge 12% After SEBI Bars Subhash Chandra, Punit Goenka for One Year

Corporate Governance

3 August 2026 at 3:36 pm

Zee Shares Plunge 12% After SEBI Bars Subhash Chandra, Punit Goenka for One Year

HyperFast News

Summary

Shares of Zee Entertainment plunged over 12% after SEBI barred founder Subhash Chandra and CEO Punit Goenka from the securities market for one year due to an unauthorised property pledge case. The regulator also imposed a fine on ZEEL and highlighted governance lapses.

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