Page 130 - Latest Updates on SEBI
SAT partially upholds market regulator Sebi order in Deccan Chronicle case
In May 2022, Sebi had issued an order alleging manipulation in financials, lapses in buyback procedures, and failure to submit disclosures on material information
 "SAT partially upholds market regulator Sebi order in Deccan Chronicle case")
Growth needs to be in tandem with sustainable economy: Sebi's Bhatia
He said that this transition will be "complicated" and all the stakeholders -- investors, companies, regulators and civil society -- will have to coordinate and collaborate
 "Growth needs to be in tandem with sustainable economy: Sebi's Bhatia")
Sebi eases access to unclaimed funds in REITs, InvITs, debt securities
The move is aimed at prescribing a uniform process of claim for such unclaimed funds in a streamlined manner for the ease and convenience of investors
 "Sebi eases access to unclaimed funds in REITs, InvITs, debt securities")
Mukka Proteins gets Sebi's nod to raise funds via initial public offering
In Sebi's parlance, obtaining an observation letter means the regulator's nod to float the public issue
 "Mukka Proteins gets Sebi's nod to raise funds via initial public offering")
AIFs seek clarity from Sebi on new valuation norms to address gaps
Industry body IVCA has written to Sebi seeking clarifications on operational challenges, and may seek extension depending on when they receive clarity
 "AIFs seek clarity from Sebi on new valuation norms to address gaps")
Bajaj Finance sets base price for Rs 8,800-crore QIP at Rs 7,250 per share
The NII for the reported quarter improved by 26 per cent to Rs 8,845 crore from Rs 7,002 crore in the same period a year ago
 "Bajaj Finance sets base price for Rs 8,800-crore QIP at Rs 7,250 per share")
Sebi plans for instant settlement of equity trades in non-disruptive manner
Narayan added that Sebi had formed a working group to ease regulations and the registration process for offshore funds under the chairmanship of a former Sebi whole-time member
 "Sebi plans for instant settlement of equity trades in non-disruptive manner")
Sebi lifts ban against entities in Lux Industries insider trading case
The 14 entities include Udit Todi, the son of the managing director of Lux, who is currently holding the post of executive director in the company, according to Sebi's order
 "Sebi lifts ban against entities in Lux Industries insider trading case")
Accent Microcell files draft papers with NSE Emerge to float public offer
Out of the total proceeds from the fresh issue, the company proposes to invest Rs 48.39 crore in the current financial year and Rs 6 crore in FY25 towards the establishment of Unit-III
 "Accent Microcell files draft papers with NSE Emerge to float public offer")
REITs, InvITs collect Rs 18,658 cr in Apr-Sep on robust infra demand
Going forward, experts believe that trends seen in REITs and InvITs will continue in the second half of the year too
 "REITs, InvITs collect Rs 18,658 cr in Apr-Sep on robust infra demand")
ESAF SFB IPO subscribed 1.74 times; Upstox settles matter with Sebi
Sebi had issued a showcause notice to the stockbroker in January 2022 for alleged violations of the cyber security and cyber resilience framework
 "ESAF SFB IPO subscribed 1.74 times; Upstox settles matter with Sebi")
RKSV Securities settles case with Sebi, pays Rs 1.13 cr as settlement fee
The market watchdog had initiated adjudication proceedings against RKSV Securities India Pvt Ltd (applicant) for the alleged violation of Sebi MIRSD Circular dated December 3, 2018
ASK sets price band; Old Bridge Capital files papers for MF offering
Old Bridge Capital Management, which received the mutual fund licence in September, has filed papers with Sebi for its first scheme
 "ASK sets price band; Old Bridge Capital files papers for MF offering")
Self-regulation does not work well in preventing frauds, says Sebi WTM
Amarjeet Singh says 16 working groups looking to simplify regulations
 "Self-regulation does not work well in preventing frauds, says Sebi WTM")
Sharpline Broadcast case: Sebi modifies order against 15 individuals
In March this year, the regulator barred 24 entities from the securities market for manipulating the share prices of two companies through misleading videos on YouTube channels
Sebi simplifies offer documents of mutual fund schemes for investors
"All new schemes shall have the enabling provision included in the SID for the creation of a segregated portfolio," it said
Sebi confirms market ban on 22 entities in stock manipulation case
The watchdog noted that the liability for the illegal gain made by each entity to this order shall be borne by them individually
Sebi provides option for InVITs to meet public unitholding requirement
In a circular, Sebi said it is providing an additional method for privately placed InvITs to achieve the minimum public unitholding requirement
Sebi's job to ensure capital formation: Ananth Narayan at BS BFSI Summit
Sebi WTM Ananth Narayan talks about walking the tightrope between overregulation and underregulation
 "Sebi's job to ensure capital formation: Ananth Narayan at BS BFSI Summit")
Relief for Zee Entertainment's Punit Goenka as SAT sets aside Sebi's order
With this, Goenka can now be appointed as the Managing Director (MD) of the merged entity
 "Relief for Zee Entertainment's Punit Goenka as SAT sets aside Sebi's order")