Page 2 - Latest Updates on SEBI
MCX fixes Jan 2 as record date for stock split; Swiggy, Waaree added to F&O
The initial public offering (IPO) of KSH International, a manufacturer of magnet winding wires, garnered only 83 per cent subscription thanks to a reduction in the offer-for-sale (OFS) component
 "MCX fixes Jan 2 as record date for stock split; Swiggy, Waaree added to F&O")
AMCs rally as Sebi softens expense cuts; HDFC AMC, Nippon Life jump over 5%
The lower-than-planned cuts and the removal of the overhang of impending changes to the fee structure that had persisted over the past two years led to a rally in stocks of AMCs and allied sectors
 "AMCs rally as Sebi softens expense cuts; HDFC AMC, Nippon Life jump over 5%")
Avadhut Sathe Trading Academy approaches SAT against Sebi order
In an order issued on December 4, the market regulator alleged that ASTA was running unregistered investment advisory and research analyst services in the name of stock market education
 "Avadhut Sathe Trading Academy approaches SAT against Sebi order")
Sun Pharma shares slip 3% after US FDA flags Baska manufacturing facility
Sun Pharma's Baska plant in Gujarat receives OAI status from the US FDA after inspection, adding near-term regulatory uncertainty but not impacting current US supplies
 "Sun Pharma shares slip 3% after US FDA flags Baska manufacturing facility")
Sebi allows zero-coupon bonds to be issued in smaller denominations
Sebi had earlier allowed issuers to cut face value to ₹10,000 only for interest- or dividend-bearing instruments with fixed maturity and no structured obligations
 "Sebi allows zero-coupon bonds to be issued in smaller denominations")
Sitharaman tables Securities Markets Code Bill: What it is, key features
According to the government, the existing laws are very old and do not fully match the current markets and technology
 "Sitharaman tables Securities Markets Code Bill: What it is, key features")
Sebi to revamp M&A rules to protect retail investors, expedite deals
The reforms aim to level the playing field for smaller and retail investors and expedite deals
 "Sebi to revamp M&A rules to protect retail investors, expedite deals")
HDFC, Nippon India, UTI AMC rally up to 7%; why are AMC stocks up today?
AMCs in focus: The Sebi overhauled the cost framework for the MF industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers
 "HDFC, Nippon India, UTI AMC rally up to 7%; why are AMC stocks up today?")
Wide-ranging reforms: Sebi overhauls MF cost framework, stockbroking rules
Sebi has renamed expense ratio limits as the base expense ratio and moved statutory levies outside the cap, while approving a rewrite of MF regulations to tighten transparency and governance
SC gives CBI a week to decide on criminal case against Indiabulls promoters
The Supreme Court has directed the CBI to decide within a week whether to register a criminal case over allegations involving former promoters of Indiabulls Housing Finance, now Sammaan Capital
 "SC gives CBI a week to decide on criminal case against Indiabulls promoters")
NSDL settles Sebi proceedings for ₹15.6 crore over alleged lapses
NSDL has paid Rs 15.57 crore to settle Sebi adjudication proceedings over alleged delays in promoter holding freezes, outsourcing issues, BSDA conversions and handling of client securities
 "NSDL settles Sebi proceedings for ₹15.6 crore over alleged lapses")
Sebi board likely to review MF fee structure, stock broker rules
Simplification in IPO documents, incentives for debt issuances also on agenda
Sebi approves IPOs for Yashoda Healthcare, Orient Cables, 5 others
These seven companies approached Sebi between May and September, obtained its observations during December 8-12
 "Sebi approves IPOs for Yashoda Healthcare, Orient Cables, 5 others")
Sebi panel to propose easing curbs on commodity derivatives next year
Derivatives trading in these commodities has been repeatedly banned since 2021 due to concerns over speculative activity spilling over into on-ground prices of these widely consumed commodities
NCDEX gets Sebi greenlight to launch MF platform; Corona Remedies up 34%
ICICI Prudential AMC's mega initial public offering (IPO) was subscribed around two times on second day of bidding
 "NCDEX gets Sebi greenlight to launch MF platform; Corona Remedies up 34%")
MTNL board clears ₹350.72 cr sale of Mumbai's BKC housing block to Nabard
MTNL's board has cleared the sale of its BKC housing block in Mumbai to Nabard for ₹350.72 crore, with the deal to be carried out through a government-to-government transfer
 "MTNL board clears ₹350.72 cr sale of Mumbai's BKC housing block to Nabard")
How options trading became India's new smoking habit in derivatives boom
As smoking lost its cinematic allure, options trading too must be deglamourised through taxation, regulation and cultural signalling to curb risky "get rich quick" behaviour
 "How options trading became India's new smoking habit in derivatives boom")
NCLAT dismisses Sebi's plea to recover penalty from Annies Apparel
The appellate tribunal upheld the order by NCLT and the liquidator of Annies Apparel, observing that the Insolvency & Bankruptcy Code clearly freezes all claims as on the liquidation commencement date
 "NCLAT dismisses Sebi's plea to recover penalty from Annies Apparel")
Sebi faces privacy hurdles over asset disclosure proposal, says Chairman
SEBI officials are questioning the need for such disclosures, noting they are not mandated for any other authority in India, Pandey added
 "Sebi faces privacy hurdles over asset disclosure proposal, says Chairman")
Mkt regulator Sebi clears Pranav Adani, others of insider trading charges
In a separate 63-page order, Sebi also dropped insider trading charges against Vinod Bahety, former head of M&A at the Adani Group, and three associated entities
 "Mkt regulator Sebi clears Pranav Adani, others of insider trading charges")
