Page 178 - Latest Updates on SEBI
Share buyback and revamp of disclosure norms on Sebi board's agenda
New framework proposes enhancing amount companies can repurchase vis-a-vis free reserves
 "Share buyback and revamp of disclosure norms on Sebi board's agenda")
Sebi proposes major changes in investor grievance redressal mechanism
Along with making the process completely online, Sebi has suggested measures for reducing cost
 "Sebi proposes major changes in investor grievance redressal mechanism")
Markets regulator Sebi clarifies on new ISIN allocation by depositories
ISINs, which has 12 characters, is used for uniquely identifying securities like stocks, bonds, warrants and commercial papers
 "Markets regulator Sebi clarifies on new ISIN allocation by depositories")
Sebi moots measures to strengthen investor grievance redress mechanism
Sebi proposes ways to strengthen the existing complaint redress process in the securities market by making use of online dispute resolution mechanisms
 "Sebi moots measures to strengthen investor grievance redress mechanism")
Sebi issues Rs 4.29 cr demand notice to Deccan Chronicle Holdings promoters
Sebi has asked Deccan Chronicle Holding's promoters to pay Rs 4.29 crore for misrepresentation of financial statements from FY 2008-09 to 2011-12
 "Sebi issues Rs 4.29 cr demand notice to Deccan Chronicle Holdings promoters")
Setting standards
New guidelines will increase transparency in PMS
 "Setting standards")
Listen to the expert: Why a professional investment advisor matters
A Sebi-registered investment advisor is qualified to help you manage your finances
 "Listen to the expert: Why a professional investment advisor matters")
Sebi enhances vigil on MCX technology transition; High Court issues notices
As top commodity exchange MCX races against time to move its trading technology from erstwhile promoter 63 Moons, regulator Sebi is keeping a close vigil on mock trading sessions
Sebi issues guidelines for winding down of clearing corporations
Rules will apply when a clearing corporation strategically wants to wind down, or has incurred losses or there is some regulatory action against it
Sebi issues performance benchmarking guidelines for PMS industry
Portfolio managers to adopt an additional layer of broadly defined investment strategies while managing clients' funds
IRM Energy files draft papers with Sebi, eyes up to Rs 700-crore via IPO
Gas distribution company IRM Energy Ltd has filed preliminary papers with Sebi to raise up to Rs 700 crore via an initial public offering (IPO)
 "IRM Energy files draft papers with Sebi, eyes up to Rs 700-crore via IPO")
Sebi issues performance benchmarking guidelines for portfolio managers
Sebi came out with guidelines for portfolio managers pertaining to performance benchmarking, asking them to adopt an additional layer of broadly defined investment "strategies"
Sebi penalises 10 entities for manipulating Millitoons Ent's stock prices
Capital markets regulator Sebi on Thursday levied fines totalling Rs 85 lakh on 10 entities for manipulating the share price of Millitoons Entertainment Ltd (MEL)
Indegene files draft papers with Sebi; eyes Rs 3,200 crore via IPO
The IPO comprises a fresh issue of equity shares worth up to Rs 950 crore and an Offer For Sale (OFS) of up to 3.63 crore equity shares by existing investors, according to the DRHP
 "Indegene files draft papers with Sebi; eyes Rs 3,200 crore via IPO")
IPO pipeline in India seen active in 2023 on smaller deals, shows data
Only 2 companies raised more than $500 mn via public offers in 2022
 "IPO pipeline in India seen active in 2023 on smaller deals, shows data")
Expect MF AUM to cross Rs 80 trillion by 2028: Amfi CEO N S Venkatesh
'Strong regulations are crucial for the orderly development of the market. Even a slip-up can break the trust of investors. We welcome the Sebi regulations'
 "Expect MF AUM to cross Rs 80 trillion by 2028: Amfi CEO N S Venkatesh")
Investors disappointed as 'open market' share buybacks lack punch
Actual acquisition cost 20% below max buyback price under open market route
 "Investors disappointed as 'open market' share buybacks lack punch")
Sebi planning 'micro' REITs to bring property companies to nascent market
'The regulator is considering reducing the size of REITs, allowing them to hold just a single asset or a diversified portfolio, to increase supply and flexibility for investors'
Beware of information paucity and liquidity risk in unlisted shares
Even seasoned investors should bet only 5-10% on such securities
 "Beware of information paucity and liquidity risk in unlisted shares")
Sebi penalises Crude Oil Tipswala, 3 individuals for unregistered services
Sebi on Wednesday levied a fine of Rs 3 lakh on Crude Oil Tipswala (COT) and three individuals for providing investment advisory services without market regulator's authorisation