Page 252 - Latest Updates on SEBI
Sebi levies Rs 42 lakh fine on 19 entities for fraudulent trading
Markets regulator Sebi has levied a total fine of Rs 42 lakh on 19 entities for their role in fraudulent trading in the scrip of Pyramid Saimira Theatre
 "Sebi levies Rs 42 lakh fine on 19 entities for fraudulent trading")
Sebi bans 8 entities from securities mkt in Infosys insider trading case
Sebi has barred eight entities from the securities market for indulging in insider trading activities in the shares of Infosys
 "Sebi bans 8 entities from securities mkt in Infosys insider trading case")
Sebi relaxes compliance requirements for VCs, AIFs amid Covid-19 pandemic
The move comes in the wake of second wave of Covid-19 pandemic, restrictions imposed by various state governments, Sebi said
Trading volumes likely to be hit as 75% peak margin kicks in today
The norms are being implemented in phases starting December 2020
 "Trading volumes likely to be hit as 75% peak margin kicks in today")
Sebi gives more time to mutual funds to implement new disclosure rules
The new norms were to come into effect from June 1.
Transfer money available in PACL's group entities account to us: Sebi
In a bid to recover investors' money, Sebi has ordered banks to transfer to its account all the money available in the bank accounts of 640 group entities of PACL Ltd by Wednesday.
Sebi plans to shield small investors from presumably 'risky' IPOs
Certain initial public offers may only be for institutional investors
 "Sebi plans to shield small investors from presumably 'risky' IPOs")
After mutual funds voice concerns, Sebi may ease compensation norms
People in the know said the regulator could water down the circular following challenges highlighted by the industry with regards to its implementation
 "After mutual funds voice concerns, Sebi may ease compensation norms")
Increased sustainability disclosures to give leg-up to ESG funds
Six out of ten domestic funds with an ESG mandate were launched in the financial year 2020-21 (FY21), noted the May 24 Kotak Securities Strategy report
 "Increased sustainability disclosures to give leg-up to ESG funds")
Sebi to empanel auditors to conduct forensic audits of listed companies
Markets regulator Sebi is looking to appoint auditors for conducting forensic audits of financial statements of listed companies as part of efforts to curb frauds.
Anmi urges Sebi to reconsider the proposal on 100% levy on peak margin
Sharing its data with the regulator, Anmi pointed out that the rate of overnight margins, levied on intraday trades are almost 3.33x more than what is warranted based on the risks of the trade
 "Anmi urges Sebi to reconsider the proposal on 100% levy on peak margin")
AT-1 bond mis-selling case: SAT gives interim relief to YES Bank
In April, Sebi had slapped a penalty of Rs 25 crore on it and 3 executives
 "AT-1 bond mis-selling case: SAT gives interim relief to YES Bank")
SAT grants interim stay on Sebi's order against Yes Bank in AT-1 bond case
While granting interim relief to Yes Bank, SAT said it has "stayed the effect and operation of the impugned order".
Anmi urges Sebi to reconsider proposal on 100% levy on peak margin
Anmi pointed out that the rate of overnight margins, levied on intraday trades are almost 3.33 times more than what is warranted based on the risks of the trade.
Sebi doubles AIFs overseas investment limit to $1.5 bn after talks with RBI
Industry players say the move will help the Rs 4.4-trillion AIF industry as the current allowance in many cases was getting fully utilised
NSE shares soar over 25% on boost from Securities Appellate Tribunal relief
The tribunal allows the exchange to use Rs 6,000 cr parked in an escrow
 "NSE shares soar over 25% on boost from Securities Appellate Tribunal relief")
Vedanta says evaluating Sebi order imposing fine on its unit, Cairn India
Vedanta Ltd on Friday said it is evaluating a Sebi order imposing a fine of Rs 5.25 crore on its erstwhile unit, Cairn India
 "Vedanta says evaluating Sebi order imposing fine on its unit, Cairn India")
Insider trading case: Sebi levies Rs 1.05 cr fine on Indiabulls Venture
The former non-executive director, Pia Johnson, and her husband, Mehul Johnson, violated the Prohibition of Insider Trading norms by trading in firm's scrip
Sebi bans Crayon Capital from markets for 4 years in art fund case
Sebi has barred Crayon Capital Ltd from the capital markets for four years and asked the company to return the money collected from investors through an 'art fund' scheme.
Sebi doubles overseas investment limit of AIF, VCF to $1,500 million
Markets regulator Sebi on Friday doubled the overseas investment limit of alternative investment funds and venture capital funds to $1,500 million