Sebi has barred 8 entities from the securities markets for up to seven years and imposed penalties totalling Rs 11.5 crore on them in a case related to misuse and diversion of clients' funds
The committee, in its report, observed that Kochhar violated bank policies and other rules and regulations
The OFS mechanism will also be available to companies with a market capitalisation of Rs 1,000 crore, Sebi said
The stock exchanges may introduce contracts of up to a tenure of three years
Sebi's decision is aimed at enhancing liquidity in the bond market. It will also give an opportunity to investors to hedge their positions
Electronic Manufacturing Services (EMS) firm Cyient DLM Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an Initial Public Offering (IPO)
The surge comes also amid regulatory recognition of the need to encourage the use of an alternative source of finance for urban bodies
The circular will come into force with immediate effect
In case normalcy is not restored till 2:15 pm, trading hours will be extended till 5:00 pm
It will also use Rs 35 crore for funding the long-term working capital requirements of the company and other general corporate purposes
The capital market regulator has also recommended appointment of independent valuers, specifically for unlisted entities
The decision has been taken in consultation with IFSCA and based on the requests received from AMCs
Subject to govt voting rights not exceeding 15%
Earlier, this was to be complied by October 31, 2022
With the development, GoldenPi became the first online bond platform provider to receive a debt brokerage license from Sebi
Sebi's extension comes after Ministry of Corporate Affairs has also provided similar relaxations to companies dispatching physical copies of financial statements
The government, with a more than 45% stake in IDBI Bank, is currently classified as a co-promoter of the lender
Capital Markets regulator Sebi on Tuesday barred four entities from the securities markets for providing unauthorised investment advisory services without the regulator's authorisation
Failure to pay the fines could lead to attachment and sale of properties
Capital markets regulator Sebi has asked Oravel Stays Ltd, the parent company of travel-tech firm OYO, to refile the draft IPO papers with certain updates