# SAT grants Zee interim relief, permits Rs 3,143 crore warrant issue

2026-08-13T07:05:51+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

The Securities Appellate Tribunal (SAT) on August 14 granted interim relief to Zee Entertainment Enterprises, allowing it to proceed with a Rs 3,143 crore preferential warrant issue to promoters and use mutual fund units for dividend distribution. The relief is conditional on the company depositing the penalty imposed by SEBI. The tribunal had reserved its order on August 13, ET reports. The SEBI order had barred Zee and CEO Punit Goenka from the securities market for two months over alleged irregularities involving title deeds of a Hyderabad property. Zee has disputed the allegations, stating the documents were taken without authorisation. The regulator opposed the preferential issue, arguing it would dilute the ban and give Goenka indirect market access through the Mauritius-based promoter entity.

## Coverage

- legal.economictimes.indiatimes.com <https://legal.economictimes.indiatimes.com/news/litigation/sat-reserves-interim-relief-order-in-zee-punit-goenka-sebi-case/133197464>
- economictimes.indiatimes.com <https://economictimes.indiatimes.com/markets/stocks/news/zee-entertainment-shares-rise-8-after-sat-grants-interim-relief-in-sebi-order/articleshow/133230722.cms>

Tags: capital markets, interim relief, Punit Goenka, SEBI, Securities Appellate Tribunal, Zee Entertainment
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