Page 164 - Latest Updates on SEBI
AIF applications pile up due to rejig at Sebi, even as regulator turns wary
Longer-than-expected wait time leads to delay in fund launches
 "AIF applications pile up due to rejig at Sebi, even as regulator turns wary")
BoB-backed IndiaFirst Life Insurance gets regulator approval for IPO
Company seeks to raise about Rs 500 cr from fresh issue of shares, draft papers say
 "BoB-backed IndiaFirst Life Insurance gets regulator approval for IPO")
BoB-backed IndiaFirst Life Insurance gets Sebi approval to launch IPO
The IPO comprises a fresh issue of up to Rs 500 crore along with an offer for sale (OFS) of up to 14,12,99,422 equity shares by the promoters and existing shareholders of the company
 "BoB-backed IndiaFirst Life Insurance gets Sebi approval to launch IPO")
Supreme Court directs market regulator to refund Rs 3 bn to NSE
The top court also refused to stay a tribunal order, which had set aside the regulator's ruling against NSE, the lawyers added
 "Supreme Court directs market regulator to refund Rs 3 bn to NSE")
Street signs: Nifty faces resistance, cigarette stocks, and more
Tobacco manufacturer ITC, Godfrey Phillips India, and VST Industries have gained since the Union Budget on February 1, even as the benchmark Sensex declined close to 3%
 "Street signs: Nifty faces resistance, cigarette stocks, and more")
Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos
After the Paytm's IPO fiasco, Sebi has turned cautious while giving clearance to the initial share sales as it has returned the preliminary papers of half a dozen companies, including Oravel Stays
 "Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos")
ESOPs: Market regulator Sebi could tweak regulations for start-ups
Sebi does not want founders to own stock options if they have rights akin to those enjoyed by promoters, the sources with direct knowledge of the matter said
SAT reserves Sebi order against Arshad Warsi in pump-and-dump case
The regulator had barred the actor and his wife for manipulation of Sadhna Broadcast shares via YouTube videos
 "SAT reserves Sebi order against Arshad Warsi in pump-and-dump case")
Sebi comes out with requirement to process investors' service requests
The new framework would come into force from April 1, the Securities and Exchange Board of India (Sebi) said in a circular
Sebi's tough norms for FPIs: Mandatory to disclose any material changes
Capital markets regulator Sebi has made stringent norms for Foreign Portfolio Investors (FPIs), asking them to disclose any material change in their structure and common ownership
Sebi looking for ways to plug gaps allowing founders to own stock options
The Securities and Exchange Board of India (SEBI) does not want founders to own stock options if they have rights akin to those enjoyed by promoters
 "Sebi looking for ways to plug gaps allowing founders to own stock options")
Delhi HC seeks Centre, RBI & SEBI response on Swamy's plea on Yes Bank
The Delhi High Court on Friday sought response of the Centre, Reserve Bank of India (RBI) and Securities Exchange Board of India (SEBI) on former Rajya Sabha MP Subramanian Swamy's plea
 "Delhi HC seeks Centre, RBI & SEBI response on Swamy's plea on Yes Bank")
7 working days: Sebi now prescribes 'strict' timelines for FPI disclosures
Amended FPI regulations give watchdog more powers to seek vital info from overseas funds
Investors should make staggered investment in long-duration funds
Be, however, prepared for interim volatility and have a horizon of above five years
 "Investors should make staggered investment in long-duration funds")
No 'negative impact' after promoter shareholding freeze: Patanjali Foods
Company backed by yoga guru Baba Ramdev failed to meet Sebi's public shareholding rule within deadline
 "No 'negative impact' after promoter shareholding freeze: Patanjali Foods")
IPO filings halve in FY23 as outlook for new share sales worsens
Industry players said the IPO market has taken a turn for the worse after a blockbuster FY22 amid fall in valuations
Stock exchanges freeze promoter shareholding of Patanjali Foods
Action after co fails to meet 25% public float
Rockstud Capital launches Rs 300 cr fund for upcoming Indian start-ups
It will invest in 25 start-ups focused on digitalisation, sustainability, financial inclusion
 "Rockstud Capital launches Rs 300 cr fund for upcoming Indian start-ups")
No govt committee to probe Adani Group: Minister Pankaj Chaudhary
A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said
 "No govt committee to probe Adani Group: Minister Pankaj Chaudhary")
Unlocking Rs 100 trillion opportunity: What lies ahead for MF industry
The mutual fund industry is expanding distribution reach, simplifying products and leveraging technology in a bid to more than double assets under management
 "Unlocking Rs 100 trillion opportunity: What lies ahead for MF industry")