Page 133 - Latest Updates on SEBI
Sebi forms Working Groups to recommend simplification, ease of compliance
Capital markets regulator Sebi on Wednesday said it has constituted Working Groups to recommend on simplification of various rules, ease of compliance, and reduction in the cost of compliance
 "Sebi forms Working Groups to recommend simplification, ease of compliance")
Greenwashing in India Inc: Environment scores create a sense of suspicion
Companies' disclosures should be verified by a single unit under Sebi to avoid disparity in methods
 "Greenwashing in India Inc: Environment scores create a sense of suspicion")
Unauthorised trading calls land investment advisors in Sebi's net
The analysis has considered 918 RIAs and 5,330 investor complaints
 "Unauthorised trading calls land investment advisors in Sebi's net")
Robert Bosch Automotive Steering pays Rs 10 lakh to settle case with Sebi
The order came after the applicant had filed a suo motu settlement application proposed to "settle by neither admitting nor denying any conclusions of law or fact"
Tata Technologies pays Rs 25 lakh to settle shares issuance case with Sebi
The company made preferential allotments multiple times during the period from December 27, 2000 to March 13, 2008
 "Tata Technologies pays Rs 25 lakh to settle shares issuance case with Sebi")
Sebi to introduce mechanism for verification in case of demise of investors
The new framework will come into effect from January 1, 2024, the Securities and Exchange Board of India (Sebi) said in a circular
AMC Repo Clearing gains ground, gets Rs 160 crore in past fortnight
Sources have indicated that this increased volume is due to the participation of one large bank and some mutual funds
 "AMC Repo Clearing gains ground, gets Rs 160 crore in past fortnight")
Sebi extends deadline for listed cos to confirm or deny market rumours
The rule is aimed at strengthening the corporate governance of listed entities
Popular Vehicles and Services Ltd files IPO papers with Sebi again
Popular Vehicles and Services Ltd, which is engaged in automotive dealerships, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale
 "Popular Vehicles and Services Ltd files IPO papers with Sebi again")
Agilus Diagnostics files draft papers with Sebi to raise funds via IPO
Since the IPO is entirely an OFS, the entire proceeds will go to the existing shareholders
 "Agilus Diagnostics files draft papers with Sebi to raise funds via IPO")
Shreyas Shipping stock falls after counter offer; Juniper Hotels files DRHP
Juniper Hotels, which runs hotels under the Hyatt brand, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi)
 "Shreyas Shipping stock falls after counter offer; Juniper Hotels files DRHP")
MCX delays shift to new trading platform; shares decline 9% intraday
Shares of MCX, after dropping as much as 8.7 per cent to Rs 1,913, recouped most of its losses to finish at Rs 2,053, down 2.1 per cent over its previous day's close
 "MCX delays shift to new trading platform; shares decline 9% intraday")
Dee Development Engineers seeks Sebi nod to raise funds through IPO
SBI Capital Markets and Equirus Capital have been appointed as merchant bankers to manage the company's maiden public issue
Mkt regulator Sebi puts MCX's impending transition to new CDP in abeyance
The exchange was scheduled to go live with the new tech platform on October 3
 "Mkt regulator Sebi puts MCX's impending transition to new CDP in abeyance")
Sebi asks MCX to put launch of new commodity derivative platform on hold
The Securities and Exchange Board of India (Sebi) will discuss the commodity platform in its technical advisory committee meeting to be held shortly, MCX said in a statement
 "Sebi asks MCX to put launch of new commodity derivative platform on hold")
Equity market: Speed versus quality
Reducing transaction time beyond a certain threshold may not enhance equity market quality. On the contrary, it could reduce participation and diversity and harm the markets
 "Equity market: Speed versus quality")
Sebi renews licences of NSE Clearing, Indian Clearing Corp for three years
NSE Clearing Ltd is a wholly-owned subsidiary of the National Stock Exchange (NSE) and Indian Clearing Corporation Ltd (ICCL) is an arm of BSE
Sebi penalises YES Securities for wrong reporting of margin, discrepancies
Capital markets regulator Sebi has imposed a penalty of Rs 5 lakh on YES Securities (India) Ltd for wrong reporting of margin and discrepancy in the computation of client's net worth
SAT reserves decision on Punit Goenka's appeal against Sebi order
Regulator's counsel assures court of completing part probe by November
 "SAT reserves decision on Punit Goenka's appeal against Sebi order")
Sebi extends deadline to add nominees for mutual fund account holders
Sebi has extended the deadline for mutual fund account holders till January 1, to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen