Page 17 - Latest Updates on SEBI
PhonePe files draft papers via confidential route ahead of likely IPO
Fintech startup reported 40% revenue growth and positive cash flows in FY25
 "PhonePe files draft papers via confidential route ahead of likely IPO")
Sebi hikes custodian net worth requirement to ₹75 cr for risk management
Existing custodians can achieve new networth requirements within three years, Sebi said
 "Sebi hikes custodian net worth requirement to ₹75 cr for risk management")
Gautam Adani pledges stronger governance following Sebi clean chit
Adani calls Sebi's verdict a resounding validation, vows tighter governance, stronger sustainability, and $100 bn investments in energy and infrastructure
 "Gautam Adani pledges stronger governance following Sebi clean chit")
Hindenburg report was an attack on Indian enterprise, says Gautam Adani
Gautam Adani called the 2023 Hindenburg report a direct attack on Indian enterprise, saying it became an inflection point that hardened Adani Group's resolve.
 "Hindenburg report was an attack on Indian enterprise, says Gautam Adani")
Duro Capital hits first close of ₹200 crore on maiden India AIF offering
Duro Opportunities Fund, a Sebi-registered AIF, aims to raise ₹1,000 cr from Indian family offices for concentrated bets on listed companies across sectors
 "Duro Capital hits first close of ₹200 crore on maiden India AIF offering")
Disclosures do not bind listed firms or create liabilities, Sebi tells HC
The Bombay High Court on Tuesday allowed the companies to withdraw their petition
 "Disclosures do not bind listed firms or create liabilities, Sebi tells HC")
JM Group entities pay ₹3.9 cr to settle regulatory lapses case with Sebi
JM Financial Ltd (JMFL) and JM Financial Services Ltd (JMFSL) disgorged illegal gains worth Rs 1.22 crore and Rs 1.33 crore, respectively
Sebi, RBI in talks to ease entry processes for foreign investors in India
The changes would include fewer and standardised documentation and less scrutiny on investors that are already regulated in other countries
 "Sebi, RBI in talks to ease entry processes for foreign investors in India")
Sovereign wealth funds, pension players leave other FPIs blinking
Overall, FPI assets have grown 139.5% since August 2020, while sovereign wealth fund investments have grown 155.2%
 "Sovereign wealth funds, pension players leave other FPIs blinking")
'Time to accelerate': Adani outlines priorities after Sebi case closure
He credited the group's workforce for continuing to execute major infrastructure projects during the scrutiny
SAT directs Sebi to share more documents in Axis front-running case
The Securities Appellate Tribunal has partly allowed Viresh Joshi's appeal, directing Sebi to share more documents in the Axis Mutual Fund front-running investigation
Adani Group posts ₹1.16 trillion market cap jump, biggest in 10 months
Adani Group stocks added Rs 1.16 trillion in market value, the sharpest rise since November 2024, after Sebi dismissed key Hindenburg allegations against the conglomerate
 "Adani Group posts ₹1.16 trillion market cap jump, biggest in 10 months")
Adani Group firms combined mkt valuation jumps ₹1.78 trn in 2 days
The regulator's order, which dismissed allegations of stock manipulation and related-party misuse, has led to optimistic investor sentiment, sending Adani stocks sharply higher for the second day
Sebi proposes revamp of glitch rules, exemptions for small brokers
Sebi has issued a consultation paper to narrow the definition of technical glitches, ease compliance for small brokers, and strengthen oversight for larger players
Adani Group stocks rally up to 19%; Adani Enterprises up 3% in muted market
The Adani Group gained ₹66,000 crore in market capitalisation on Friday after Sebi gave a clean chit regarding the Hindenburg Research allegations
 "Adani Group stocks rally up to 19%; Adani Enterprises up 3% in muted market")
Adani seeks accountability as Sebi dismisses Hindenburg allegations
Adani Group demands accountability after SEBI cleared it of Hindenburg's charges that triggered a $150 billion market loss and rattled investor confidence in 2023
 "Adani seeks accountability as Sebi dismisses Hindenburg allegations")
Adani group adds ₹66K cr in value amid choppy markets after Sebi relief
Group stocks gain between 0.3% and 12.4%
 "Adani group adds ₹66K cr in value amid choppy markets after Sebi relief")
More Sebi orders likely in Adani case; MPS, insider trading under lens
Sources said regulator still examining charges related to possible violations of MPS, insider trading norms
 "More Sebi orders likely in Adani case; MPS, insider trading under lens")
Sebi approves Zelio E-Mobility's ₹78 crore IPO for electric vehicles
The company has already got the DRHP (draft red herring prospectus) approval. The IPO may go live at the end of this month, Zelio E-Mobility said in a statement
 "Sebi approves Zelio E-Mobility's ₹78 crore IPO for electric vehicles")
Sebi proposes regular updates of NAVs by AIFs in depository systems
The valuation date will be taken as the date of the valuation report if done by an external valuer, and as the date it is recorded in the fund's internal records if done by an internal valuer