Zee's Goenka settles insider trading case
Mint Mumbai|April 14, 2023
Punit Goenka, the managing director and chief executive of Zee Entertainment Enterprises Ltd, has settled an insider trading case with Securities and Exchange Board of India by paying ₹50.7 lakh, the media entertainment company said on Thursday.
Priyanka Gawande
Zee's Goenka settles insider trading case
 

In August 2021, the capital market regulator had issued an order against entities for carrying out insider trading activities in the shares of Zee Entertainment following the launch of rent-a-movie service, ZEEPLEX, in September 2020.

In its investigation, Sebi had found some “unpublished and price-sensitive information" which were not declared by the media company.

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