Page 132 - Latest Updates on SEBI
Mid-term report card of Sebi chief shows her priorities have worked
While Sebi has always defined its role as that of a troika of development of the capital markets, their regulation and protection of investor interests, Buch has drawn the lines linking them
 "Mid-term report card of Sebi chief shows her priorities have worked")
'No objection' from stock exchanges for ICICI Securities' delisting plan
Sebi, on its website, has disclosed that it received a No-Objection Certificate (NOC) from the exchange on October 12 and that the brokerage firm's scheme was under process
 "'No objection' from stock exchanges for ICICI Securities' delisting plan")
Paytm's Vijay Shekhar Sharma launches AIF with target corpus of Rs 30 crore
The fund, which has been approved by the Securities and Exchange Board of India (SEBI), would see Sharma along with other external investors as contributors to the fund
 "Paytm's Vijay Shekhar Sharma launches AIF with target corpus of Rs 30 crore")
Sebi empanels 12 entities to provide onsite digital forensic services
They have been empanelled for providing digital forensic services to the regulator following the completion of the empanelment process
 "Sebi empanels 12 entities to provide onsite digital forensic services")
Sebi should stand firm, finish its Adani probe in timely manner: Cong
The opposition party has been questioning the financial dealings of billionaire Gautam Adani's Group after US research firm Hindenburg alleged "irregularities"
 "Sebi should stand firm, finish its Adani probe in timely manner: Cong")
Sebi issues guidelines to improve governance, preparedness of QRTAs
Apart from DRS, all qualified Registrars and Transfer Agents are required to have a Near Site (NS) to ensure zero data loss
 "Sebi issues guidelines to improve governance, preparedness of QRTAs")
Sebi speeds up NFO approval process; move comes as boost for newer players
Industry players said the pendency of applications has reduced drastically compared to last year. In several cases, NFOs have managed to obtain regulatory clearances in less than a month
 "Sebi speeds up NFO approval process; move comes as boost for newer players")
Govt may divest 7% stake in Hudco, Torrent Pharma's promoters get exemption
Sebi has granted open offer exemption to the promoters of Torrent Pharma and Torrent Power
 "Govt may divest 7% stake in Hudco, Torrent Pharma's promoters get exemption")
Trusts linked to Torrent Power, others from open offer conditions exempted
The orders came after four Mehta Family Trusts filed applications with the regulator in July 2023, and sought exemption from certain provisions of takeover regulations
Investors can partner with India to participate in IMEEC: PM Modi
Prime Minister Narendra Modi on Tuesday said investors have an opportunity to partner with the country, and be a part of the India-Middle East-Europe Economic Corridor (IMEEC)
 "Investors can partner with India to participate in IMEEC: PM Modi")
Sberbank becomes first Russian bank to register with Sebi as FPI: NSDL
Joins five other from Russia to obtain FPI registration
 "Sberbank becomes first Russian bank to register with Sebi as FPI: NSDL")
InGovern Research Services writes to Sebi over TD Power IPO disclosures
Proxy firm says regulator should probe omissions of material facts and misstatements in 2011 IPO prospectus
Sebi refuses to stay securities market ban on Eros International Media
Accordingly, Sebi said the five entities will continue to be restrained from buying, selling, or dealing in the securities directly until further orders
Partners with 10% stake to come under beneficial owners: Sebi tweaks rules
The development comes after the government amended the Prevention of Money Laundering (Maintenance of Records) Rules or PMLA rules in September
 "Partners with 10% stake to come under beneficial owners: Sebi tweaks rules")
Sebi to auction 9 properties of Orion Industries, Rakhal Bharoti cos
The nine properties to be auctioned include land parcels located in West Bengal and Jharkhand. The total reserve price of these properties is pegged at around Rs 9 crore
Balanced hybrid funds: Mitigate risks and earn stable investment returns
Remember these funds have a limited track record currently; they will also not receive equity tax treatment
 "Balanced hybrid funds: Mitigate risks and earn stable investment returns")
Market regulator Sebi slams AIF industry for circumvention of regulations
Sebi official did not disclose how widespread such practices are or whether the regulator has already begun enforcement action against them
 "Market regulator Sebi slams AIF industry for circumvention of regulations")
Technical glitch in BSE prompts dealers, clients to shift trading to NSE
As per exchange officials, the technical issue was due to the internet service provider (ISP), and the issue was resolved by 9:30 am
 "Technical glitch in BSE prompts dealers, clients to shift trading to NSE")
Sebi extends time for investment advisers to comply with qualification rule
At present, individual investment advisers were required to comply with enhanced qualification and experience requirements by September 30, 2023
Sebi resolves over 3,700 complaints through SCORES in September
As many as 17 complaints were pending for more than three months on SCORES as of September end, involving 12 entities such as Principal Mutual Fund and JM Financial Ltd