Zee Entertainment Seeks Sebi Relief for ₹1,200 Crore Funds

Zee Entertainment is seeking relief from Sebi to unlock ₹1,200 crore in mutual fund investments crucial for daily operations. The company argues that these funds are essential, while Sebi maintains a market-access ban due to alleged violations linked to promoters. This ongoing dispute highlights the challenges faced by Zee in securing necessary capital amidst regulatory scrutiny.

⚖️ AI Verdict

"Zee's financial maneuvering shows the struggle for survival in a tough market."

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File ID: #334321Original Source: LiveMint Companies ↗

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