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Zee Media has focused on cost control measures and operational restructuring to improve financial stability. The company recently approved a ₹400 crore fundraising plan through various instruments, including equity shares, bonds, and warrants, to strengthen its capital structure.
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.
Subhash Chandra Goenka is an Indian billionaire media magnate. He is the chairman of the Essel Group, an Indian media coalition and established Zee TV in 1992. He was also the chairman of Zee Media but relinquished as Director and Non-Executive Chairman of the corporation on 24 May 2016. These are some of his quotes:
Starring Yash, Sanjay Dutt, Raveena Tandon, Srinidhi Shetty, and Prakash Raj, the film is directed by Prashanth Neel. The dark, raw, and influential poster of the film has already built quite a stir among the fans of the KGF Chapter franchise.
He said that referring to the letter he would like to publicly apologise to him and his family, he would like to settle the dues before the end of the 2021 fiscal year.