Page 13 - Latest Updates on SEBI
Sebi puts Vedanta Group's Sterlite Electric public listing on hold
The company, part of mining and metals conglomerate Vedanta Group, filed draft papers for the IPO in early October
 "Sebi puts Vedanta Group's Sterlite Electric public listing on hold")
Sebi proposes incentives to boost retail participation in debt securities
This "emphazises the need to increase retail participation in the debt market through public issues," Sebi said
 "Sebi proposes incentives to boost retail participation in debt securities")
Sebi bars MFs from pre-IPO placements, allows only anchor investments
Cautions on risks of holding unlisted shares if listing fails
Sebi mulls uniform norms for unclaimed funds on non-convertible securities
The Securities and Exchange Board of India (Sebi) has invited public comments on the proposal until November 14
Former IndusInd Bank deputy pays 50% of alleged insider gains to Sebi
Restrictions on former deputy Arun Khurana's bank accounts have been lifted, a notice from the stock exchange said
 "Former IndusInd Bank deputy pays 50% of alleged insider gains to Sebi")
Sebi allows transfer of PMS business between portfolio managers
Transfer of PMS business will now be permitted with Sebi's prior approval, provided the process is completed within two months of regulatory clearance
Sebi cracks down on front-running trades, bars 13 entities from markets
Sebi has barred 13 individuals and entities from the securities market for 1-3 years for front-running trades using non-public information, generating unlawful gains of over ₹2 crore
No need to fly home for KYC: Sebi proposes easing geo-tag rules for NRIs
The regulator's draft circular suggests removing the requirement for non-resident investors to be physically present in India during KYC verification, seeking public feedback by November 13.
 "No need to fly home for KYC: Sebi proposes easing geo-tag rules for NRIs")
SAT rejects FPIs' appeals on warrants, upholds Sebi's disclosure mandate
The tribunal upheld Sebi's disclosure circular requiring FPIs to reveal ownership structures to the ultimate beneficiary level, rejecting appeals by Elara and Vespera Funds
 "SAT rejects FPIs' appeals on warrants, upholds Sebi's disclosure mandate")
Sebi considers easing re-KYC, modifications for NRIs through geo-tagging
Under the proposed norms, through an app, it will be ensured that the GPS location captured by the intermediary matches that of the country given in the client's proof of address
 "Sebi considers easing re-KYC, modifications for NRIs through geo-tagging")
Sebi mulls uniform process for opening MF folios, first investments
Under the new proposal, first-time investments in newly created MF folios can only be made after KYC verification is completed by the KYC Registration Agency (KRA)
Mutual funds seek Sebi nod for global expansion, wider business play
Industry wants flexibility to expand globally, enter allied segments like wealth mgmt, advisory
 "Mutual funds seek Sebi nod for global expansion, wider business play")
Flipkart-backed Shadowfax gains regulatory approval for IPO in India
Logistics firm clears Sebi hurdle to launch offering estimated at up to ₹2,500 crore; updated draft prospectus expected soon as company targets valuation near ₹8,500 crore
 "Flipkart-backed Shadowfax gains regulatory approval for IPO in India")
UTI AMC shares slide as profit halves; RBL Bank surges 9% on NBD deal
Shares of UTI Asset Management Company slipped up to 10 per cent after its Q2 profit halved due to one-time pension-related expenses and weaker income
 "UTI AMC shares slide as profit halves; RBL Bank surges 9% on NBD deal")
Sebi proposes easing transfer, demat norms for pre-2019 securities
Sebi proposes fresh window for transfer of pre-2019 physical securities and plans to scrap the Letter of Confirmation system to simplify demat procedures for investors
ARCIL set to go public as Sebi clears IPO plan of India's oldest ARC
SBI and Avenue Capital-backed ARCIL to offer 105 million shares in an IPO through an offer for sale; IIFL, IDBI Capital, and JM Financial to manage the issue
 "ARCIL set to go public as Sebi clears IPO plan of India's oldest ARC")
Calcutta Stock Exchange may mark its last Diwali ahead of voluntary exit
With Sebi reviewing its voluntary exit application, the 117-year-old Calcutta Stock Exchange is preparing for its final Diwali as a bourse before transforming into a holding firm
 "Calcutta Stock Exchange may mark its last Diwali ahead of voluntary exit")
Sebi proposes measures to ease dematerialisation, transfer of old shares
In its consultation paper, Sebi proposed to temporarily relax rules to allow the transfer of such old shares, even though they are in physical form
India's green shift to create jobs but skills gap a concern: Ratul Puri
Initiatives like the Skill Council for Green Jobs and the Green Skill Development Programme have trained approximately one million candidates so fara number below the expected demand
 "India's green shift to create jobs but skills gap a concern: Ratul Puri")
Insider trading in IEX stock: Sebi investigation traverses new ground
The ₹173-crore order stands out as Sebi's largest and fastest insider trading enforcement, potentially widening scrutiny to senior CERC officials over policy-linked leaks