Page 235 - Latest Updates on SEBI
Sebi seeks to hike net worth requirement for brokers as defaults spike
Industry players said the latest proposals will put further pressure on the brokers, who have been grappling with several regulatory changes
 "Sebi seeks to hike net worth requirement for brokers as defaults spike")
Metal recycling firm CMR Green Tech files IPO paperwork with regulator
Metal recycling company CMR Green Technologies has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale.
 "Metal recycling firm CMR Green Tech files IPO paperwork with regulator")
Fertilizer firm Paradeep Phosphates gets regulatory nod to float IPO
The firm is primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers such as di-ammonium phosphate (DAP) and NPK fertilizers
 "Fertilizer firm Paradeep Phosphates gets regulatory nod to float IPO")
Markets regulator Sebi cancels registration certificates of two brokers
The brokers were members of NSEL and had facilitated trading in paired contracts on the NSEL platform.
 "Markets regulator Sebi cancels registration certificates of two brokers")
Sebi might soon allow PE players to snap up, set up their own AMCs
At present, PE firms are not banned from acting as a MF sponsor, however, the prerequisites make it difficult for them to acquire or run a fund house
 "Sebi might soon allow PE players to snap up, set up their own AMCs")
Electronics Mart files paperwork for Rs 500 crore initial public offering
Consumer durables retail chain Electronics Mart India Ltd has filed preliminary papers with Sebi to raise Rs 500 crore through an initial share-sale.
 "Electronics Mart files paperwork for Rs 500 crore initial public offering")
Data Patterns files paperwork for IPO; aims to raise Rs 600-700 crore
The firm supplies electronic systems to defence and aerospace sector
 "Data Patterns files paperwork for IPO; aims to raise Rs 600-700 crore")
Foreign investors want Sebi to delay shorter trade settlement plan
Sebi's plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs.
 "Foreign investors want Sebi to delay shorter trade settlement plan")
Sebi drops proceedings against RIL in alleged incorrect disclosures matter
Sebi decided not to impose any penalty for the alleged violations
 "Sebi drops proceedings against RIL in alleged incorrect disclosures matter")
Sebi's skin-in-the-game norms: Our demands remain unmet, say MF executives
This comes a day after Sebi tweaked the compensation circular, first issued in April, mandating fund houses to pay 20 per cent of the CTC to their key employees in the form of MF units
 "Sebi's skin-in-the-game norms: Our demands remain unmet, say MF executives")
Poonawalla Fincorp to clean up by shutting ops in elevated default areas
Adar Poonawalla backs former MD Bhutada, says he hasn't done anything, according to lawyers
 "Poonawalla Fincorp to clean up by shutting ops in elevated default areas")
Sebi tweaks MF compensation circular ahead of implementation on Oct 1
Sebi has also replaced the nomenclature 'key employees' - used in the original circular - with 'designated employees'
Sebi fines 8 entities for fraudulent trade in shares of Videocon Industries
Markets regulator Sebi on Monday penalised eight entities for fraudulent trading in shares of Videocon Industries Ltd.
Abhay Bhutada hasn't done anything as per lawyers, says Adar Poonawalla
Poonawalla said Abhay Bhutada, who resigned last week from post of Managing Director on alleged charges of insider trading, "hasn't done anything" as per the lawyers and others who gave him reports
 "Abhay Bhutada hasn't done anything as per lawyers, says Adar Poonawalla")
Sebi makes fewer information requests to foreign regulators amid pandemic
Incoming requests from foreign regulators also dropped to their lowest since 2012-13
 "Sebi makes fewer information requests to foreign regulators amid pandemic")
Sachin Bansal's Navi MF files documents for 4 new passive funds
During past two months, fund house has filed 14 schemes, all passive. In August, it had filed seven offer documents with Sebi in a single day
 "Sachin Bansal's Navi MF files documents for 4 new passive funds")
Ahead of IPO, Oyo expands share capital through stock split, bonus issue
The Softbank-backed travel technology firm is expected to file its DRHP with Sebi in the next few months
 "Ahead of IPO, Oyo expands share capital through stock split, bonus issue")
Sebi levies fine on Titan's employee for disclosure lapses
Markets regulator Sebi on Friday imposed monetary penalty on an employee of Titan Company Ltd for disclosure lapses, in violation of insider trading norms
Poonawalla Fincorp hits 5% lower circuit for second day as MD resigns
Sebi on Wednesday barred Abhay Bhutada, the MD and CEO of Poonawalla Fincorp, and seven others from accessing the securities market for allegedly insider trading in shares of the company
 "Poonawalla Fincorp hits 5% lower circuit for second day as MD resigns")
T+1, peak margin norms in interest of investors, says Sebi chief Tyagi
Peak margin norms, proposal to shift to a T+1 settlement cycle have been criticised by brokers, foreign portfolio investors.
 "T+1, peak margin norms in interest of investors, says Sebi chief Tyagi")