Page 20 - Latest Updates on SEBI
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")
RSB Retail files draft IPO papers with Sebi, seeks to raise ₹1,500 cr
The Hyderabad-based company plans to utilise the net proceeds to the tune of ₹275 crore for payment of debt, ₹118 crore for setting up of new stores
 "RSB Retail files draft IPO papers with Sebi, seeks to raise ₹1,500 cr")
Sebi chief Pandey calls for stronger defence against cyberattacks
Tuhin Kanta Pandey calls for constant vigilance, cyber drills, and strong internal safeguards to protect exchanges and investors from escalating online threats
 "Sebi chief Pandey calls for stronger defence against cyberattacks")
Not just 'friendly critics': Independent directors need more accountability
This era of the sinecure may be changing, however, with Sebi and the courts increasingly holding independent directors liable for corporate malfeasance
 "Not just 'friendly critics': Independent directors need more accountability")
A revolving door for leadership in India's financial sector regulators
With the financial sector maturing, the door to regulatory agencies needs to be opened to a more diverse talent pool
 "A revolving door for leadership in India's financial sector regulators")
Sebi launches investor awareness campaign on AIR to prohibit fraud
To launch this campaign, the first session by Sebi Chairman Tuhin Kanta Pandey would be aired on August 15 on All India Radio channels, which has PAN India reach
 "Sebi launches investor awareness campaign on AIR to prohibit fraud")
Sebi bans Wadhawan brothers for five years in DHFL fund diversion case
Sebi has barred Kapil and Dheeraj Wadhawan from the markets for five years in the DHFL fund diversion case and imposed penalties totalling Rs 120 crore on them and ex-executives
Sebi proposes to add algorithmic trading into stock broker regulations
These proposals come a month after Sebi temporarily barred US-based trading firm Jane Street, citing manipulation of key indexes
 "Sebi proposes to add algorithmic trading into stock broker regulations")
Sebi bans DHFL's Kapil Wadhawan, Dheeraj Wadhawan from securities market
Others barred by Sebi include Rakesh Wadhawan, former non-executive chairman; Sarang Wadhawan, ex-non-executive director; Harshil Mehta, joint MD & CEO; and Santosh Sharma, former CFO
Sebi proposes standard code for smooth transfer of securities to heirs
The move seeks to enable proper application of the provisions of the Income Tax Act, 1961
Sebi flags ₹77,800 cr as difficult-to-recover dues in FY25 annual report
Sebi identifies ₹77,800 crore as difficult-to-recover dues, outlines reforms for FPIs, intermediaries, takeover rules, and investor awareness in its FY25 annual report
Sebi looks to further ease market regulations for foreign investors
Currently, SIFs allow asset management companies to offer a limited set of strategies across equity, debt, and hybrid categories
There's ample room for new entrants in equity exchange: NCDEX MD & CEO
With a strong rural connect, cutting-edge risk management systems, and a clear growth vision, the exchange sees vast untapped potential beyond India's metros, says Arun Raste
 "There's ample room for new entrants in equity exchange: NCDEX MD & CEO")
Sebi proposes single window gateway for low risk foreign investors
The new framework -- Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI), if implemented, would provide easier investment access to low risk foreign investors
Building bridges anew: RBI, banks must fine-tune board roles in governance
The developments at IndusInd Bank have led RBI's senior supervisory managers (SSMs) to take a closer look at bank boards, including the agenda presented, the time spent discussing specific items
 "Building bridges anew: RBI, banks must fine-tune board roles in governance")
Sebi moots lighter regulatory framework for AIFs with accredited investors
In a consultation paper issued on Friday, Sebi suggested that such accredited investors (AI-only schemes) could be allowed certain flexibilities
Sebi streamlines norms for converting private InvITs to public ones
Under the revised framework, sponsors and their groups must comply with the minimum unitholding requirements specified in the InvIT regulations at all times
 "Sebi streamlines norms for converting private InvITs to public ones")
Sebi scraps transaction charges for MF distributors, effective immediately
The regulator said the decision came after a public consultation was carried out in May 2023 and an industry consultation in June this year
 "Sebi scraps transaction charges for MF distributors, effective immediately")
Sebi proposes single-window gateway for trusted foreign investors
SWAGAT-FI is designed to make India's capital markets more accessible to a select group of foreign investors objectively verified as low-risk
 "Sebi proposes single-window gateway for trusted foreign investors")
