SEBI to complete probe against Subhash Chandra, Punit Goenka in 8 months in fund embezzlement case

SEBI has also upheld an interim order barring Chandra and Goenka from holding directorial or key managerial posts in listed companies till the regulator concludes its investigation.
Subhash Chandra, Punit Goenka and SEBI
Subhash Chandra, Punit Goenka and SEBI

The Securities and Exchange Board of India (SEBI) yesterday ruled that the investigation into the fund embezzlement against Essel Group chairman, Subhash Chandra and Chief Executive Officer (CEO) of Zee Entertainment Enterprises Limited (ZEEL), Punit Goenka, should be completed within 8 months.

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