SEBI Bans Essel Group Chairman and ZEEL CEO for Fund Misappropriation

SEBI Bans Essel Group Chairman and ZEEL CEO for Fund Misappropriation.

SEBI bars Essel Group Chairman Subhash Chandra and ZEEL CEO Punit Goenka from directorial roles in listed companies.

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Investigations revealed their misuse of positions to divert funds for personal benefit.

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This order will remain in effect until further notice from SEBI.

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