Business »  Topic »  SEBI fines Rs 9 lakh on Zee Group for shareholding disclosure lapses

SEBI fines Rs 9 lakh on Zee Group for shareholding disclosure lapses


The order comes after Sebi received a reference from Zee Media Corporation, wherein it informed the regulator regarding non-compliance of PIT (Prohibition of Insider Trading) Regulations by 25FPS during the period April 8 to April 23, 2019.

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Markets regulator Sebi on January 16 imposed a fine totalling 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 Private Limited and Rs 3 lakh on Zee Media Corporation Ltd (ZMCL), Securities and Exchange Board of India (Sebi ...


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