ZEE ENTERTAINMENT FILES SETTLEMENT APPLICATION WITH SEBI AMIDST ONGOING INVESTIGATIONS

Zee Entertainment Enterprises Limited (“Company”) a prominent business conglomerate in the Indian media and entertainment industry has recently moved a settlement application with the Securities and Exchange Board of India (“SEBI”) under Regulation 3 of the SEBI (Settlement Proceedings) Regulations, 2018 (“Settlement Regulation”), amidst ongoing investigations into alleged corporate governance lapses and financial irregularities by the Company. …

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