Page 19 - Latest Updates on SEBI
Sebi plans to improve tenure, maturity of equity products: Tuhin Pandey
He said that volumes in the cash market have grown rapidly, doubling in terms of daily traded volumes over a three-year period
 "Sebi plans to improve tenure, maturity of equity products: Tuhin Pandey")
Sebi may introduce regulated platform for pre-IPO firms: Tuhin Kanta Pandey
This initiative is expected to eliminate unnecessary processes and pain points that cause avoidable friction in fundraising, disclosures and investor onboarding, he said
 "Sebi may introduce regulated platform for pre-IPO firms: Tuhin Kanta Pandey")
Sebi may raise minimum block deal size, widen permissible price range
Discusses framework reform with exchanges, market participants
 "Sebi may raise minimum block deal size, widen permissible price range")
Mindspace Reit raises Rs 550 cr via sustainability-linked bonds from IFC
Mindspace Reit has raised Rs 550 crore through sustainability-linked bonds from IFC, the World Bank Group arm, in the first issuance under Sebi's new ESG framework
 "Mindspace Reit raises Rs 550 cr via sustainability-linked bonds from IFC")
Stock exchanges freeze more promoter demat accounts for non-compliance
The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12
 "Stock exchanges freeze more promoter demat accounts for non-compliance")
Vedanta demerger faces delay as Centre objects, Sebi issues warning
Vedanta's plan to split into six listed entities has been delayed after the Centre objected and SEBI issued a compliance warning, intensifying regulatory scrutiny
 "Vedanta demerger faces delay as Centre objects, Sebi issues warning")
Innovatiview India, Park Medi World, 3 others get Sebi nod for IPO launch
Innovatiview India, Park Medi World, Runwal Enterprises, Jinkushal Industries and Advance Agrolife received Sebi's go-ahead to launch their maiden public issues
 "Innovatiview India, Park Medi World, 3 others get Sebi nod for IPO launch")
Vedanta shares fall 3% as Centre objects to demerger; NCLT defers hearing
The NCLT deferred the hearing on Vedanta's proposed demerger after serious objections raised by the central government
Sebi's index norm relaxation to ease $1 bn sell-off risk for HDFC, ICICI
Sebi's proposed relaxation of index realignment norms could reduce potential $1 billion sell-off risk for HDFC and ICICI Bank, which are heavily weighted in the Nifty Bank index
 "Sebi's index norm relaxation to ease $1 bn sell-off risk for HDFC, ICICI")
Listed firms, open offers may gain from Sebi's relaxed MPS stance
Sebi's proposal to extend timelines for the 25% minimum public shareholding requirement could provide flexibility to listed companies and open offers, according to legal experts
 "Listed firms, open offers may gain from Sebi's relaxed MPS stance")
Tax relief on inherited shares: Sebi floats proposal for smoother transfer
Sebi steps in to clear tax confusion over inherited shares, proposing a fix to stop nominees from being wrongly taxed before passing assets to heirs
 "Tax relief on inherited shares: Sebi floats proposal for smoother transfer")
Sebi proposes lower dilution for mega IPOs, extended MPS timelines
Sebi has proposed easing IPO rules for companies with over ₹5-trn market cap by lowering dilution norms and extending timelines to meet public shareholding requirements
 "Sebi proposes lower dilution for mega IPOs, extended MPS timelines")
CleanMax to raise ₹5,200 cr via IPO; DRHP filed with Sebi for approval
The IPO, with a face value of ₹1, comprises a fresh issue of shares worth up to ₹1,500 crore and an offer-for-sale of up to ₹3,700 crore by promoters and investors
 "CleanMax to raise ₹5,200 cr via IPO; DRHP filed with Sebi for approval")
Sebi mulls glide path to enforce index caps on Nifty Bank, Bankex
In May, Sebi had issued rules capping the weight of the top constituent in such indices at 20 per cent and the combined weight of the top three at 45 per cent
 "Sebi mulls glide path to enforce index caps on Nifty Bank, Bankex")
Seafood startup Captain Fresh files for $400 mn India IPO with Sebi
Captain Fresh has confidentially filed for a $400 million IPO in India, targeting a $1 billion-plus valuation as it expands its tech-driven seafood supply chain platform
 "Seafood startup Captain Fresh files for $400 mn India IPO with Sebi")
Sebi extends deadline for margin pledge implementation to October 10
Once implemented, brokers will no longer need physical or electronic instructions to process un-pledging and delivery
 "Sebi extends deadline for margin pledge implementation to October 10")
Sebi reports spike in settlement pleas; 703 filed, 284 cleared in FY25
Of these 703 settlement applications, the regulator disposed of 284 by passing appropriate settlement orders during the year, while another 272 applications were returned, rejected, or withdran
 "Sebi reports spike in settlement pleas; 703 filed, 284 cleared in FY25")
Sebi plans review of MTF margin rules to streamline risk management
In its annual report for 2024-25, Sebi said a "comprehensive review exercise is being undertaken with respect to the currently applicable margining framework
RSB Retail files for ₹500 crore IPO to boost expansion and repay debt
The proposed IPO comprises a fresh issue of equity shares worth up to Rs 500 crore and an offer for sale of up to 29.8 million shares by existing shareholders
 "RSB Retail files for ₹500 crore IPO to boost expansion and repay debt")
Research analysts fail to keep pace with swelling stock investor base
There's only one RA per 73,000 investors now, as against one per 44,000 before pandemic
 "Research analysts fail to keep pace with swelling stock investor base")
