Page 204 - Latest Updates on SEBI
Sebi strengthens investor grievance redressal mechanism through framework
Capital markets regulator Sebi on Friday came out with a new framework for investor grievance redressal mechanism as part of its effort to strengthen the process.
 "Sebi strengthens investor grievance redressal mechanism through framework")
Fired fund managers of Axis Mutual Fund could be banned from markets
Though investigation is pending, Sebi may issue interim order
Sebi smoothens approval process for change in control of portfolio manager
Under this, the regulator has specified the procedure that needs to be followed by portfolio managers in matters which involve scheme(s) of arrangement which needs sanction of the NCLT
 "Sebi smoothens approval process for change in control of portfolio manager")
Principal MF ceases to exist as mutual fund from June 2, says Sebi
Capital markets regulator Sebi on Thursday said Principal Mutual Fund (PMF) now ceases to exist as a mutual fund.
NSE case: SAT gives more time to Chitra Ramkrishna to deposit Rs 2 crore
Passing a fresh order on May 31, SAT said "no ground has been made out for modifying our order dated 11th April, 2022. The application is rejected".
 "NSE case: SAT gives more time to Chitra Ramkrishna to deposit Rs 2 crore")
Former SBI MD Ashwani Bhatia takes charge as whole-time member at Sebi
Third WTM position was vacant for nearly seven months; Bhatia to oversee debt and hybrid securities, AIFs and FPIs
 "Former SBI MD Ashwani Bhatia takes charge as whole-time member at Sebi")
Sebi fines Rs 10.25 crore on Commex Technology in GDR manipulation case
It was observed that Commex had issued 19,06,790 GDRs raising USD 9.99 million in May 2009 and the entire GDR were subscribed by only one entity -- Vintage FZE
Religare Enterprises, Religare Finvest settle Sebi case; pay Rs 10.5 cr
The order came after the two companies filed an application with Sebi proposing to settle the regulatory violations "without admitting or denying the findings" through a settlement order.
 "Religare Enterprises, Religare Finvest settle Sebi case; pay Rs 10.5 cr")
Sebi's SOP to resolve dispute under stock exchange arbitration mechanism
Sebi has come out with a SOP for dispute resolution under the stock exchange arbitration mechanism for disputes
IPO subscriptions: Process only money-backed ASBA applications, says Sebi
Latest directive follows instances during LIC's IPO where certain applications had to be cancelled as they didn't have sufficient funds in bank accounts
PayMate India files papers with Sebi to raise Rs 1,500 cr through IPO
The initial share-sale comprises fresh issue of equity shares worth Rs 1,125 crore and Offer-for-sale (OFS) of Rs 375 crore by promoters, investors and other shareholders
 "PayMate India files papers with Sebi to raise Rs 1,500 cr through IPO")
Sebi imposes fine of Rs 1 crore on IIFL for misusing client funds
Capital markets regulator Sebi on Monday imposed a penalty of Rs 1 crore on India Infoline Ltd (IIFL) for alleged misutilisation of client securities.
Street signs: 16,000 key support for Nifty, FPI sell-off continues & more
Foreign portfolio investors (FPIs) have continued to offload Indian shares this month, selling stocks worth over Rs 39,000 crore
 "Street signs: 16,000 key support for Nifty, FPI sell-off continues & more")
Top Headlines: Consumer sector deals rise; wheat mkts still on edge & more
Business Standard brings you the top headlines at this hour
 "Top Headlines: Consumer sector deals rise; wheat mkts still on edge & more")
Brookfield India REIT proposes to raise up to Rs 5,000 cr via sale of units
The units will be issued at a price not less than the rate to be determined in accordance with Sebi's guidelines for REIT
 "Brookfield India REIT proposes to raise up to Rs 5,000 cr via sale of units")
Sebi searches 16 'suspected entities' in Axis MF front-running case
Covers 30 locations across multiple cities including Maharashtra and Gujarat.
Sebi tweaks SOP in case of defaults by trading and clearing members
The measures are aimed at protecting the interest of non-defaulting clients of trading members (TMs) or clearing members (CMs) in the likely event of default.
Sebi exempts govt from making open offer to Vodafone Idea shareholders
In a nine-page order, Sebi said the acquisition of shareholding in VIL by the Government of India (GoI) is proposed with the sole intent of saving the larger public interest.
 "Sebi exempts govt from making open offer to Vodafone Idea shareholders")
Passive approach
Sebi's plans will offer more options to investors
Standard Chartered settles case with Sebi in CG Power case; pays Rs 4.97cr
Standard Chartered Bank has settled with markets regulator Sebi a case pertaining to alleged violations of norms in the matter of CG Power and Industrial Solutions Ltd after paying Rs 4.97 crore