The Subhash Chandra-led Zee Media-Sony Group deal is likely to be further delayed. Sebi accused Mumbai-based Zee Group Media of falsifying loan recovery. The bomb was claimed to have cleared the loans taken by private companies. It has been revealed in their investigation that they acted against the rules without the permission of the board.
Meanwhile, Sony Corporation, which is at the top of the global media and entertainment sector, has held discussions to sign an agreement with Zee Media. Financial and media experts say that there is a chance of delay in the signing of the agreement between the two companies due to allegations of fraud by SEBI on Zee Media Group.
Meanwhile, she made important comments. Zee founder Subhash Chandra and his son Puneet Goenka, who is currently working as the CEO of the respective companies, have been accused of misusing their positions. They expressed anger that they have embezzled the funds for their own benefit. Meanwhile, the Sebi Appellate Tribunal will hear the appeal filed by Goenka on Thursday. This matter was disclosed by the lawyer on behalf of the company.