SAT refuses to grant interim stay on SEBI's order on Zee chairman, CEO

Dismissing an appeal, the Securities Appellate Tribunal on Monday refused to grant an interim stay on market regulator SEBI's order against Zee Entertainment's Subhash Chandra and Punit Goenka. a person aware of the development said on the condition of anonymity that the petitioners are expected to challenge the ruling in the Supreme Court.

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