SAT questions SEBI on Zee's 2-month ban, reserves relief plea order

Securities Appellate Tribunal (SAT) questioned SEBI's two-month securities market ban on Zee Entertainment, which may block its planned ₹3,143 crore fundraise through a share issue. SEBI said allowing Zee to raise funds during the ban would dilute punishment imposed for using its property as loan security without required approval in 2018. SAT reserved its order on Zee's interim relief plea.