Page 107 - Latest Updates on SEBI
Sebi proposes to include Green Credit Program under BRSR framework
'Inclusion in BRSR shall incentivise listed entities and their value chain partners to participate in the generation of green credits by following environmentally sustainable activities,' Sebi said
 "Sebi proposes to include Green Credit Program under BRSR framework")
Sebi cracks whip in Superior Finlease stock price manipulation case
It has barred 17 entities and individuals from the securities market for five years and two others for three years each for allegedly operating a pump and dump scheme
 "Sebi cracks whip in Superior Finlease stock price manipulation case")
SAT nixes Sebi order on Linde India, asks firm to appear for document check
Market regulator had asked NSE to do a valuation of the company and its related party transactions
 "SAT nixes Sebi order on Linde India, asks firm to appear for document check")
Sebi's new guidelines on mkt rumour to help in fair pricing of M&A: Experts
Market rumours pertaining to a company's business can create significant volatility in stock prices, often leading to transactions that don't reflect a company's true value
Ixigo's parent firm, Bansal Wire Industries get Sebi's nod to float IPO
The two companies, which filed their preliminary IPO papers with Sebi in February and March, obtained their observations during May 14-17
 "Ixigo's parent firm, Bansal Wire Industries get Sebi's nod to float IPO")
JM Financial, 6 others settle case with Sebi; pay over Rs 23 lakh fine
The order came after the applicants proposed to settle the instant proceedings initiated against them, without "admitting or denying the findings of facts and conclusions" of law
Sebi tweaks methodology for calculating market cap-based rankings
Instead of a single-day market cap, the rankings will now be based on the average market cap for six months
Sebi amends rule to facilitate ease of doing biz for firms planning IPOs
While the current ICDR rule permits certain categories of investors to contribute equity shares held by them towards the shortfall, further flexibility has been provided
Sebi changes rule to determine mcap, 6-month average to be used now
Instead of using the market capitalisation of a single day (currently March 31), listed companies will now use the "average market capitalisation" for a six-month period
RBI in talks with Sebi to allow mutual funds to sell debt to ARCs
ARCs are not allowed to buy debts from MFs currently
 "RBI in talks with Sebi to allow mutual funds to sell debt to ARCs")
Market regulator Sebi offers shield against M&A stock price disruptions
New framework, part of rumour-verification norms, will be rolled out on June 1
Stock Market Special Session Highlights: Sensex, Nifty end flat; Small, MidCap indices gain up to 1%
Stock Market Special Trading Session, Saturday, May 18, 2024: In the broader markets, the BSE MidCap, and the BSE SmallCap indices gained 0.48 per cent and 0.76 per cent, respectively
 "Stock Market Special Session Highlights: Sensex, Nifty end flat; Small, MidCap indices gain up to 1%")
Scramble for ERP licence even as doubts remain on the market size
About a dozen players dive into the fray
 "Scramble for ERP licence even as doubts remain on the market size")
Sebi fines Rs 8 lakh on Reliance Home Finance for disclosure lapses
The fine has to be paid within 45 days, the Securities and Exchanges Board of India (Sebi) said
Mutual funds likely to get nod to invest in ETFs with India presence
India exposure in such global ETFs could be capped at 20%
 "Mutual funds likely to get nod to invest in ETFs with India presence")
Sebi proposes facilitating investments by mutual funds in overseas funds
Also, Sebi noted that direct investment in Indian securities by an Indian investor would be cost effective rather than investing in Indian securities through an overseas FoF offered by Indian MFs
 "Sebi proposes facilitating investments by mutual funds in overseas funds")
Awfis Space Solutions' IPO to open on May 22, at Rs 364-383 per share
The company's maiden public issue will open on May 22 and conclude on May 27 and the bidding for anchor investors will open for a day on May 21, according to a statement
 "Awfis Space Solutions' IPO to open on May 22, at Rs 364-383 per share")
Rules of the game
Exceptions for PSEs should be avoided
 "Rules of the game")
Sebi open to oversight of cryptocurrencies trade, in contrast to RBI
India has taken a tough stance against cryptocurrencies since 2018, when RBI prohibited lenders and other financial intermediaries from dealing with crypto users or exchanges
 "Sebi open to oversight of cryptocurrencies trade, in contrast to RBI")
Sebi plans tighter rules for listing small biz after complaints of misuse
The news rules are slated to be issued later this year after the regulator and exchanges consult stakeholders, they said
 "Sebi plans tighter rules for listing small biz after complaints of misuse")