The Securities and Exchange Board of India (SEBI) has barred Zee Entertainment Enterprises Ltd (ZEEL), Chief Executive Officer Punit Goenka and Essel Group founder Subhash Chandra from accessing the securities market after finding irregularities related to the mortgage of the company’s Hyderabad property.According to a report by Moneycontrol, SEBI’s Quasi-Judicial Authority N Murugan, in the final order, restricted ZEEL from accessing the securities market for two months, while Goenka and Chandr... Under the order, Punit Goenka and Subhash Chandra have each been restrained from buying, selling or otherwise dealing in securities for one year. Key points and original sources are listed below.

• The Securities and Exchange Board of India (SEBI) has barred Zee Entertainment Enterprises Ltd (ZEEL), Chief Executive Officer Punit Goenka and Essel Group founder Subhash Chandra from accessing the securities market after finding irregularities related to the...S1

• Under the order, Punit Goenka and Subhash Chandra have each been restrained from buying, selling or otherwise dealing in securities for one year.S2