Page 15 - Latest Updates on SEBI
Sebi imposes ₹6.04 crore penalty on NSE over April 2024 technical glitch
The penalty relates to NSE's alleged failure to restore normalcy within stipulated timelines in a stock and delay in submitting the final root cause analysis to Sebi
 "Sebi imposes ₹6.04 crore penalty on NSE over April 2024 technical glitch")
Sebi allows AIFs to retain liquidation proceeds beyond fund life
The regulator also introduced an 'Inoperative Fund' framework for wound-up funds with residual obligations
 "Sebi allows AIFs to retain liquidation proceeds beyond fund life")
Sebi may reintroduce open market buyback window in June 19 board meeting
The regulator may also consider reforms for agri-commodity derivatives, easier AIF approvals, and relaxed borrowing norms for mutual funds
Angel One pays ₹4.28 cr to settle case on stock brokers' norms' violation
Stock broker Angle One has settled a matter with Sebi by paying ₹4.28 crore over alleged lapses in monitoring authorised persons. It had sent show-cause notice to Angle One in May 2025
 "Angel One pays ₹4.28 cr to settle case on stock brokers' norms' violation")
Razorpay moves closer to market debut with confidential IPO filing
The fintech major has confidentially filed draft papers with Sebi for an IPO that could raise ₹5,000-6,000 crore and value the company at up to ₹60,000 crore
 "Razorpay moves closer to market debut with confidential IPO filing")
Sebi eyes five-day FPI onboarding timeline through end-to-end digitisation
Sebi is working to cut FPI onboarding time to five days through digitisation, streamlined approvals and closer coordination with regulators
Long-awaited NSE IPO set to advance; draft papers likely next week
This comes after NSE's board approved the proposed IPO on February 6, following receipt of Sebi's no-objection certificate (NOC)
 "Long-awaited NSE IPO set to advance; draft papers likely next week")
Sebi challenges SAT relief to Sahara managers in ₹14,106 crore OFCD case
Supreme Court to hear regulator's plea on June 18; tribunal had upheld action against SICCL but spared four managers and company secretary
How Sebi's exit review may reshape delisting playbook for companies
The review extends Sebi's broader push to make market entry and exit less cumbersome, with startup listings and NRI know-your-customer rules also under focus
SAT defers hearing on FPIs' appeal against Sebi proceedings to June 22
The Securities Appellate Tribunal deferred hearing on an appeal by five foreign portfolio investors challenging alleged procedural lapses in Sebi's adjudication proceedings
Will review short-selling framework: Sebi chief Tuhin Kanta Pandey
Sebi Chairman Tuhin Kanta Pandey outlined plans to review short-selling norms, introduce bond index derivatives and issue guidelines on the responsible use of AI
 "Will review short-selling framework: Sebi chief Tuhin Kanta Pandey")
Reliance Power, Reliance Infra appeal Sebi order blocking fundraising plans
Reliance Power and Reliance Infrastructure have challenged Sebi's refusal to grant relief from restrictions linked to Anil Ambani, citing the impact on capital-raising plans
 "Reliance Power, Reliance Infra appeal Sebi order blocking fundraising plans")
Foreign funds move SAT against Sebi over adjudication procedure dispute
Five FPIs named in Hindenburg Research's Adani report have challenged Sebi's adjudication process, alleging procedural lapses in the handling of show-cause notices
Sebi pushes back merchant banker SBU and net worth norms deadlines
The deadline for merchant bankers to intimate Sebi regarding their categorisation as Category I or Category II merchant bankers has also been extended to March 31, 2027, from January 2, 2027
Sebi proposes unified stock pricing framework across exchanges
The regulator has proposed a common framework for determining stock base prices and price bands across exchanges to address price divergence in illiquid securities
Planning to use algo trading? Key checks retail investors must make
Check back-test and live-trading data, drawdowns, and net-of-cost returns before you adopt an algo
 "Planning to use algo trading? Key checks retail investors must make")
Nuvama gets nod for MF biz, eyes SIF foray; CMR Green shares up 29%
Nuvama gets Sebi approval to enter the mutual fund business, while CMR Green Technologies surges 29% on debut after a heavily subscribed IPO
Sebi mistook Valcambi's Editda as revenue; all records submitted: REL
The regulator flagged what it called a prima facie misrepresentation of the company's financial position, noting that nearly the entire reported revenue was attributed to overseas subsidiaries
 "Sebi mistook Valcambi's Editda as revenue; all records submitted: REL")
Sebi proposes consolidated executive pay disclosures for mutual fund AMCs
Proposes aggregate remuneration reporting in place of individual-level disclosures
Rajesh Exports says will cooperate with audit, won't challenge Sebi's order
Rajesh Mehta denied allegations that Rajesh Exports Ltd (REL) had impeded the audit process and said the company had been forthcoming with investigators throughout