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Zee shares fall 10% after SEBI action, biggest drop since June 2024
short by Jessica Rajan / on Monday, 3 August, 2026
Shares of Zee Entertainment fell over 10% on Monday, marking its steepest single-day decline since June 2024. The drop followed SEBI's one-year market ban on CEO Punit Goenka and founder Subhash Chandra over securities law violations. SEBI also imposed a ₹1.48 crore penalty after finding unauthorised pledging of company assets for shareholder-linked loans.
read more at CNBC-TV18