Page 21 - Latest Updates on SEBI
Sebi proposes lowering investment limit for LVFs under AIF framework
The current minimum threshold for LVF AIFs is Rs 70 crore, which could be brought down to Rs 25 crore after the public consultation process is over
 "Sebi proposes lowering investment limit for LVFs under AIF framework")
Sebi proposes new lighter-touch approach for accredited investors for AIFs
Sebi's latest consultation paper has proposed gradual transition from the traditional minimum commitment threshold to using only accreditation status as the metric for investor sophistication in AIFs
 "Sebi proposes new lighter-touch approach for accredited investors for AIFs")
JSW Cement public offer booked 56%; Varmora Granito files DRHP with Sebi
Tiles and bathware maker Varmora Granito Ltd has filed draft papers with the Securities and Exchange Board of India (Sebi)
 "JSW Cement public offer booked 56%; Varmora Granito files DRHP with Sebi")
Dissent, don't be honorary appointees: Sebi chief to independent directors
Sebi Chairman urges independent directors to evolve from passive critics to active stewards, highlighting AI, ESG, and whistle-blower oversight as urgent board priorities
 "Dissent, don't be honorary appointees: Sebi chief to independent directors")
Related-party transactions below pre-pandemic levels, shows data
An RPT is a deal between connected entities. This can involve buying or selling of goods or raw materials among group companies
 "Related-party transactions below pre-pandemic levels, shows data")
Independent directors must be stewards of accountability: Sebi chief
Sebi chief Tuhin Kanta Pandey underlined the need for broader diversity in board composition, drawing talent from varied sectors, younger professionals, and individuals outside familiar networks
 "Independent directors must be stewards of accountability: Sebi chief")
Upcoming IPO! Transline Technologies files draft papers with Sebi; details
The equity shares, as proposed in the DRHP, are to be listed on the National Stock Exchange of India (NSE) and the BSE.
 "Upcoming IPO! Transline Technologies files draft papers with Sebi; details")
Silver Consumer Electricals files DRHP for ₹1,400-cr IPO; check key details
Silver Consumer Electricals plans to raise ₹1,400 crore through a combination of fresh issue aggregating up to ₹1,000 crore and an offer for sale (OFS) aggregating up to ₹400 crore
 "Silver Consumer Electricals files DRHP for ₹1,400-cr IPO; check key details")
Sebi chief urges redefining independent directors' role for accountability
Pandey stressed the need for broader diversity in board composition, drawing talent from varied sectors, younger professionals, regional voices, and individuals outside familiar networks
Sebi proposes relaxing educational qualification criteria for IAs, RAs
Market regulator proposes to ease IA, RA registration and fee rules, broaden eligibility to all graduates, and allow past data sharing with client consent
 "Sebi proposes relaxing educational qualification criteria for IAs, RAs")
Sebi proposes activity-based rules, single category for RTAs
The regulator has also proposed to include securities premium in the net worth calculation for RTAs, aligning with net worth definitions in the Companies Act, 2013
Capitalmind gets Zerodha's Rainmatter backing after MF debut success
Capitalmind secures Series-A funding from Zerodha's Rainmatter after raising ₹45 crore in its mutual fund NFO. The Flexi Cap Fund reopens as Capitalmind targets retail and HNI investor segments
 "Capitalmind gets Zerodha's Rainmatter backing after MF debut success")
Sebi chief Tuhin Kanta Pandey denies ban on weekly options expiry
Sebi Chairman Tuhin Kanta Pandey rejects reports of ending weekly options expiries, says reforms in derivatives will undergo full market consultation before adoption
 "Sebi chief Tuhin Kanta Pandey denies ban on weekly options expiry")
Sebi issues new norms for MIIs to review or waive regulatory penalties
If the action was taken by the MC itself, such requests will now be handled by a new mechanism formed by the governing board of the MII
Tax dept probing Jane Street over possible tax treaty misuse: Report
Searches at the US trading firm's India offices by the income tax department have been underway since last week, sources have said
 "Tax dept probing Jane Street over possible tax treaty misuse: Report")
Sebi plans to ease related-party transaction rules for big companies
Move to lead to fewer approvals from shareholders, audit panel
Fund of funds launch spree moves to hybrid, diversified equity space
5 all-in-one FoFs to plate up equity and debt, some with lower volatility baked in
 "Fund of funds launch spree moves to hybrid, diversified equity space")
NSE pays markets regulator Sebi $4.6 million to settle data sharing case
NSE's system architecture enabled it to send price-sensitive corporate announcements to NDAL's clients prior to being published on its website, violating disclosure norms, Sebi added
 "NSE pays markets regulator Sebi $4.6 million to settle data sharing case")
Choice AMC gets nod for MF foray; brokers call for F&O universe expansion
Brokers lobby group Association of National Exchanges Members of India (Anmi) on Friday called for an expansion of the stock universe eligible for futures and options (F&O) to deepen the cash market
 "Choice AMC gets nod for MF foray; brokers call for F&O universe expansion")
Sebi's new reforms aim to streamline mega IPOs, drawing positive response
Sebi is also considering easing the mandatory dilution norms for mega listings, according to sources. Presently, companies valued at over ₹1 trillion must dilute at least 5 per cent in an IPO
