Page 103 - Latest Updates on SEBI
Investors beware! Four risks that can trigger a stock market correction
The faith in the market is at epic levels and may require something equally epic to break the faith. High or even bubble valuations are irrelevant for non-institutional investors, said a KIE note
 "Investors beware! Four risks that can trigger a stock market correction")
Sebi tightens norms for IPO price discovery to curb manipulation
Introduces critical tweak to weed out fake orders during call auction
 "Sebi tightens norms for IPO price discovery to curb manipulation")
Sebi orders Religare Enterprises to process Burman family's open offer
Co will have to apply for requisite approvals from RBI, Irdai, Sebi before July 12; Notices slapped on board for alleged breach of responsibilities
 "Sebi orders Religare Enterprises to process Burman family's open offer")
Sebi confirms bans JM Financial from managing debt public issues till March
The regulator, in a confirmatory order, clarified that the restriction only applies to public issues of debt securities and does not affect JM Financial Ltd (JMFL) other activities, including equity i
 "Sebi confirms bans JM Financial from managing debt public issues till March")
Sebi issues guidelines for system audit of professional clearing members
All clearing corporations (CCs) have been directed to jointly establish a uniform penalty structure for PCMs to ensure timely submission of system audit reports and closure of audit observations
 "Sebi issues guidelines for system audit of professional clearing members")
Sebi issues norms for contribution to LPCC's core settlement guarantee fund
LPCC is an entity established to undertake the activity of clearing and settlement of repo transactions
Market regulator Sebi introduces framework for holdco price discovery
First special call auction to be conducted in October
 "Market regulator Sebi introduces framework for holdco price discovery")
Emcure Pharmaceuticals gets market regulator Sebi's approval for IPO
IPO comprises fresh issue of equity shares worth Rs 800 crore and OFS of 13.6 million equity shares by promoters
 "Emcure Pharmaceuticals gets market regulator Sebi's approval for IPO")
Ola Electric receives Sebi approval for IPO; looks to raise Rs 5,500 crore
Ola Electric IPO: The the first public offering by an EV startup in India includes an offer-for-sale component of 95.2 million shares
 "Ola Electric receives Sebi approval for IPO; looks to raise Rs 5,500 crore")
Sebi orders Religare Enterprises to apply for open offer before July 12
The Burman group acquired an additional 5.7% stake in REL in September last year triggering the open offer requirement as their stake surpassed the 26% threshold
 "Sebi orders Religare Enterprises to apply for open offer before July 12")
Sebi penalises RInfra, others for non-submission of no default statement
Sebi's rule mandates the companies or issuers to submit the NDS information to CRAs on a monthly basis
AIF investments top Rs 4 trillion, commitments cross Rs 11 trillion
Biggest deployment made in real estate sector followed by IT and financials
 "AIF investments top Rs 4 trillion, commitments cross Rs 11 trillion")
Dhanlaxmi Bank appoints Ajith Kumar KK as MD & CEO for 3-year tenure
Ajith Kumar KK will take charge on June 20, Kerala-based Dhanlaxmi Bank said in a regulatory filing
 "Dhanlaxmi Bank appoints Ajith Kumar KK as MD & CEO for 3-year tenure")
Sebi plans tweaks in derivative trading rules to curtail options trading
The new rules could include higher margins for options contracts and more detailed disclosures
 "Sebi plans tweaks in derivative trading rules to curtail options trading")
Sebi slaps penalty on OP Jindal Group's firm Hexa Tradex, other entities
The regulator slapped fines within the range of Rs 2-5 lakh on Hexa Tradex, its chairperson Raj Kamal Aggarwal, Ravinder Nath Leekha, Vinita Jha, Girish Sharma, and Pravesh Srivastava
TMC-led Oppn MPs group seeks probe on result-day crash, meet Sebi officials
After the meeting, Banerjee said that though they did not get any assurance from Sebi, the officials said that they will look into the matter
Sebi invites application to hire executive director on 3-year contract
The appointment of executive director will be on a deputation or contractual basis, for a period of three years, the regulator said in a public notice issued last week
 "Sebi invites application to hire executive director on 3-year contract")
TMC MPs meet Sebi officials, seek probe into stock market 'manipulation'
The stock market rose on June 3 following the June 1 exit polls, which predicted a landslide victory for the NDA-led BJP in the Lok Sabha polls
 "TMC MPs meet Sebi officials, seek probe into stock market 'manipulation'")
Here's how much 30 companies plan to raise through IPOs in coming months
Expected IPOs in the coming months include those of Ola Electric, FirstCry, Waaree Energies, Fincare Small Finance Bank, Bansal Wire Industries, NSDL, among others
 "Here's how much 30 companies plan to raise through IPOs in coming months")
Hyundai Motor India files draft papers to raise around $3 bn through IPO
If the listing proceeds as planned, this transaction would become the largest IPO in India's corporate history, surpassing the previous record set by the state-owned LIC's $2.7 billion listing in 2022
 "Hyundai Motor India files draft papers to raise around $3 bn through IPO")