← Back to feedRead original →
VERIFIEDET Stocks·positive
Zee Entertainment shares rally 8% after SAT grants interim relief in Sebi order
AI Summary
- ·Zee Entertainment shares rose 8% after the Securities Appellate Tribunal (SAT) granted interim relief.
- ·SAT has put SEBI's order on hold, allowing promoters to issue preferential warrants.
- ·ZEEL is permitted to use mutual fund units for dividend distribution, subject to paying SEBI's penalty.