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of <h1>Sebi to Issue New Show Cause Notice to ZEEL Founder and Son for Alleged Listing Norm Violations under SEBI Act 11B.</h1> Markets watchdog Sebi will issue a fresh show cause notice to the founder chairman of ZEEL and his son, continuing its investigation into alleged violations of listing norms by the media company. The new notice will incorporate contents from a previous notice issued in July 2022. ZEEL and its top management are under scrutiny for alleged disclosure norm violations, and their settlement applications were rejected by Sebi. The investigation will proceed under Section 11B of the SEBI Act, which allows Sebi to issue notices and impose penalties. The previous examination report and documents will be part of the ongoing investigation.
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