Page 104 - Latest Updates on SEBI
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")
Sebi cancels registration of Grovalue Fin Services for flouting norms
The Securities and Exchange Board of India (Sebi) inspected the matters of Grovalue Financial Services, a Sebi-registered research analyst, from April 2021 to August 2022
 "Sebi cancels registration of Grovalue Fin Services for flouting norms")
Sebi bats for tax benefits in 'zero coupon zero principal bond' investments
Talking to reporters here on Friday, Sebi's Whole Time Member Kamlesh Chandra Varshney said the regulator has already sent a proposal to the finance ministry and is hopeful of getting the approval
Sebi bars SecUR Credentials, managing director for alleged fund diversion
SecUR was first listed with NSE Emerge, the SME platform by the National Stock Exchange (NSE), and was later migrated to the mainboard of both exchanges in October 2022
 "Sebi bars SecUR Credentials, managing director for alleged fund diversion")
Rajib Kumar Mishra ceases to be chairman of PFS after Sebi's order
Apart from Mishra, watchdog prohibited company's former MD and CEO Pawan Singh from holding the post of director in any listed company for two years and also imposed a penalty of Rs 25 lakh on him
 "Rajib Kumar Mishra ceases to be chairman of PFS after Sebi's order")
Sebi to auction 19 properties of KBCL India to recover investors' money
Sebi has initiated the process for the sale of assets after KBCL India Ltd, its directors Rakesh Kumar, Vishvnath Pratap Singh and Shashi Kant Mishra failed to refund the investors' money
 "Sebi to auction 19 properties of KBCL India to recover investors' money")
Sebi bars acting PFS Chairman from holding post of director for 6 months
Mishra is also the chairman and managing director of PTC India Ltd, a promoter firm of PFS
Sebi bans former TV anchor Pandya, 7 others from mkt for 5 yrs, slaps fine
Apart from Pandya, others banned by Sebi are Alpesh Furiya, Manish Furiya, Alpa Furiya, Alpesh Vasanji Furiya HUF, Manish V Furiya HUF, Mahan Investment and Toshee Trade
Sebi imposes Rs 2.6-crore penalty on ex-news anchor, and 7 others
Sebi on Tuesday imposed Rs 1 crore penalty on former CNBC Awaaz news anchor Pradeep Pandya and Alpesh Vasanji Furiya
 "Sebi imposes Rs 2.6-crore penalty on ex-news anchor, and 7 others")
Sebi launches investor certification exam to foster financial literacy
The certification examination has been designed to assist individuals in their journey to gaining comprehensive knowledge about investing in the Indian securities markets
Demat accounts, MF portfolios won't be frozen in absence of nomination
Sebi had set June 30 as the deadline but drops the requirement for existing investors to ensure compliance
 "Demat accounts, MF portfolios won't be frozen in absence of nomination")
Sebi to hire 49 officers; online application link closes on June 30
This came after the Securities and Exchange Board of India (Sebi) invited applications in March for the 97 senior-level posts
Hyundai Motor India prepares for IPO filing, potential to raise $2.5 bn
Hyundai Motor India IPO: Indian unit of the Korean automaker is expected to file a DRHP with Sebi within the next two weeks
 "Hyundai Motor India prepares for IPO filing, potential to raise $2.5 bn")
Sebi's proposed tweaks likely to lead to big churn in F&O stocks
Analysts foresee over two dozen exits and 75 entrants
Following HC order, Sebi to auction 22 properties of 7 companies on July 10
These seven firms had mopped up money from investors without complying with regulatory norms
 "Following HC order, Sebi to auction 22 properties of 7 companies on July 10")
Sebi junks rule to freeze demat a/cs, eases MF folio norm for investors
Sebi said that all new investors/unitholders would continue to be required to mandatorily provide the 'choice of nomination' for demat accounts/ mutual fund folios
'Buy-the-dip' failed mutual fund investors on election day: Here's why
Several investors had taken to social media to complain about being unable to square off their positions
 "'Buy-the-dip' failed mutual fund investors on election day: Here's why")
Sebi proposes to open credit default swap market for MF: key factors
Sebi has proposed to permit participation of mutual funds in CDS buying for all schemes as well as CDS selling for all schemes except overnight and liquid
Sebi signals change with tougher futures and options stock rules
New framework may displace low-turnover stocks, introduce market heavyweights
Sebi proposes steps to open credit default swap market for mutual funds
CDS allows an investor to offset their credit risk with another investor, who is willing to reimburse or pay a notional amount in case the borrower or the issuer of the bond defaults
 "Sebi proposes steps to open credit default swap market for mutual funds")