SEBI grants final exit to ICEX as recognized stock exchange after compliance failures
In May 2023, a resolution passed by ICEX's shareholders formally initiated the exit process.
Securities Appellate Tribunal
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SAT denies interim stay on SEBI order against Zee’s Chandra and Goenka
Securities Appellate Tribunal dismisses appeal, maintaining SEBI's ban on Zee Group Chairman and Zee Entertainment CEO from holding board positions
Zee Entertainment shares fall nearly 7% as SEBI order & merger uncertainty weighs on investors
Zee Entertainment faces significant challenges amidst allegations of fund diversion and regulatory actions
SAT refuses interim relief to Subash Chandra & Punit Goenka against SEBI order
SEBI took action against Chandra and Goenka for alleged mishandling of Zee limited funds which was challenged by the individuals in the tribunal citing the absence of a show cause notice and violation of principal of natural justice.
Supreme Court dismisses SEBI’s appeal against orders issued by SAT on PNB Housing Finance’s fundraise plan
SEBI’s appeal had been against the interim order given by the SAT earlier this year in June, where the statutory body restricted PNB Housing Finance Ltd. from revealing the results of the voting process organised amongst its shareholders in regards to the company’s proposed fundraising plans.