MoneyWorks4Me

SEBI levies penalty on Zee Media Corporation for shareholding disclosure lapses

17 Jan 2020 Evaluate

The Securities and Exchange Board of India (SEBI) has levied a penalty totaling Rs 9 lakh on Zee Media Corporation and its promoter entity 25FPS Media for shareholding disclosure lapses. The regulator has levied a fine of Rs 6 lakh on 25FPS Media and Rs 3 lakh on Zee Media Corporation.

Zee Media Corporation, formerly known as Zee News, broadcasts 10 news channels including two national ones - Zee News and Zee Business.

Peers