Page 109 - Latest Updates on SEBI
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")
Raft of exemptions for government companies covers Sebi, MCA, CCI
The rules surrounding MPS requirements have differed for PSUs compared to their private sector counterparts
 "Raft of exemptions for government companies covers Sebi, MCA, CCI")
LIC gets 3-yr extension from Sebi to achieve 10% public shareholding
State-owned insurance giant now has to meet regulatory requirement on or before May 16, 2027
 "LIC gets 3-yr extension from Sebi to achieve 10% public shareholding")
LIC stock up 5.5% as Sebi gives 3 more yrs to meet public shareholding norm
LIC news: The revised timeline for LIC to achieve 10 per cent public shareholding is on or before May 16, 2027
 "LIC stock up 5.5% as Sebi gives 3 more yrs to meet public shareholding norm")
LIC gets 3-year extension from Sebi to meet public shareholding norms
Sebi regulations require all listed companies to maintain a 25% public float, but firms with a post-issue market capitalisation exceeding Rs 1 trillion have a 5-year timeline to meet the 25% MPS rule
 "LIC gets 3-year extension from Sebi to meet public shareholding norms")
Allied Blenders and Distillers gets Sebi's approval to float Rs 1500 cr IPO
The shares are offered at a face value of Rs 2 and is a mix of a fresh issue of equity shares valued at Rs 1,000 crore and an Offer-for-Sale (OFS) of shares worth Rs 500 crore by promoters
 "Allied Blenders and Distillers gets Sebi's approval to float Rs 1500 cr IPO")
Ease penal action for tech glitches, MIIs appeal to market regulator Sebi
Regulator to seek suggestions on applicability of financial disincentives
 "Ease penal action for tech glitches, MIIs appeal to market regulator Sebi")
Allied Blenders Ltd gets Sebi's approval to float Rs 1,500-crore IPO
As a part of the OFS, Bina Kishore Chhabria, Resham Chhabria Jeetendra Hemdev and Neesha Kishore Chhabria will sell shares
 "Allied Blenders Ltd gets Sebi's approval to float Rs 1,500-crore IPO")
Accounting fraud concerns raise red flags for India's booming tiny IPOs
The crackdown comes after the regulator issued warnings earlier this year of price manipulation in tiny IPOs
 "Accounting fraud concerns raise red flags for India's booming tiny IPOs")
Sebi tells investment advisors to share social media details twice a year
Regulator says it wants to protect investors from unsolicited, unverified advice on social media
 "Sebi tells investment advisors to share social media details twice a year")
Certification for AIF manager's investment team mandatory, says Sebi
The new requirement is aimed at boosting competency and professionalism in the AIF space
ICICI Securities breached shareholder privacy rules: Shareholders tell NCLT
They claimed ICICI Bank contacted and misled shareholders in delisting process
 "ICICI Securities breached shareholder privacy rules: Shareholders tell NCLT")
AIFs must comply with certification requirement by May 2025: Sebi
The regulator said the trustee/sponsor of AIFs, will ensure that the 'Compliance Test Report' prepared by the manager includes compliance with the provisions of the rules
Bond market boost, jewellery for the ages: Top personal finance stories
Our top stories this week tell you about how to enter the bond market and how traditional jewellery is being redesigned
 "Bond market boost, jewellery for the ages: Top personal finance stories")
Sebi proposes to cut trading size of privately placed InvITs to Rs 25 lakh
Additionally, the regulator has proposed several measures to reduce the compliance burden and facilitate ease of doing business InvITs and real estate investment trusts (REITs)
 "Sebi proposes to cut trading size of privately placed InvITs to Rs 25 lakh")
Sebi proposes direct transfer of securities to clients' accounts
"In a move to enhance operational efficiency and reduce the risk to clients' securities, it has been deliberated to make the process of direct payout of securities to the client account mandatory,"
 "Sebi proposes direct transfer of securities to clients' accounts")
Sebi proposes easing disclosure rules for non-convertible securities
The regulator has suggested to align the period for disclosure of key operational and financial parameters in line with period for disclosure of financial information in the offer document
Front-running, insider trading: Amfi rulebook to curb misconduct in a month
Move follows Sebi nod for institutional mechanism to curb front-running and insider trading
 "Front-running, insider trading: Amfi rulebook to curb misconduct in a month")
Sebi weighs mandatory direct securities payout to client's account
Currently, the clearing corporation credits the pay-out of securities in the pool account of the broker, who then credits the same to the respective client's demat accounts
Fairfax-backed insurance firm Go Digit set to float IPO on May 15
Cricketer Virat Kohli and his wife and actor Anushka Sharma are among the investors in the firm. They are not selling any shares in the IPO
 "Fairfax-backed insurance firm Go Digit set to float IPO on May 15")