Question
Zee Entertainment Enterprises (ZEE) has settled
securities law violations with the Securities and Exchange Board of India (SEBI) by paying _______ as settlement charges.Solution
Zee Entertainment Enterprises (ZEE) has settled securities law violations with the Securities and Exchange Board of India (SEBI) by paying ₹7 lakh as settlement charges. The regulator had conducted an examination in the shares of ZEE for period between January 1, 2019 to December 26, 2019 to ascertain any possible violation of its insider trading and takeover rules.
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