StockWatch
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TV Broadcasting & Software Production
Legal14 Aug 2026, 06:51 pm

Zee Ent gets partial stay on SEBI order from SAT

AI Summary

Securities Appellate Tribunal (SAT) has granted a partial stay on the SEBI order dated July 31, 2026, against Zee Entertainment Enterprises Ltd and its MD, Punit Goenka. The stay is primarily for completing the issuance of fully convertible warrants to the promoter group on a preferential basis, subject to a full penalty deposit within one week. The debarment from the securities market continues, except for the specified warrant issuance and day-to-day mutual fund transactions for business needs. The time to issue warrants, expiring August 14, 2026, has been extended by one week.

Key Highlights

  • SAT grants partial stay on SEBI debarment order.
  • Stay allows completion of preferential warrant issuance.
  • Debarment from securities market remains, with exceptions.
  • Warrant issuance deadline extended by one week.
  • Penalty deposit required within one week for stay.