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VERIFIEDMint Companies·neutral
Zee Entertainment seeks Sebi relief to unlock ₹1,200 crore mutual fund investments
AI Summary
- ·Zee Entertainment is seeking relief from Sebi to access ₹1,200 crore in mutual fund investments.
- ·The company's counsel stated these funds are crucial for daily operations.
- ·Sebi has defended its market-access ban, citing alleged violations linked to promoters.