Zee Ent clarifies on report claiming SEBI scrutiny of Subhash Chandra's stake hike claims; co says cannot confirm or deny

Zee Entertainment Limited has denied a media report that the Securities and Exchange Board of India (SEBI) is investigating statements by Zee group founder Subhash Chandra about the promoter family's plans to increase its stake in the company. The company stated that it is not aware of any information that has not been announced to the exchanges, and that the statement quoted in the news article does not represent a decision or proposal that has been considered or approved by the Board.
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