The matter relates to the company and some individuals communicating Unpublished Price Sensitive Information (UPSI) to market participants before disclosing the same to the stock exchanges
Sebi has directed 5 individuals to make an open offer for acquiring shares of Sungold Capital Ltd as they failed to make such offers after their shareholdings crossed a certain threshold back in 2007.
Restates accounts for last three years, but no impact on bottom line
Currently, futures trading is allowed in crude oil. Petrol and diesel are, among others, the two major refinery products derived from crude oil
The relaxation pertains to submission of investor grievance report, financial results and accounts maintained by issuers under ILDM Regulation, Sebi noted in a circular
M S Sahoo, Madhabi Puri Buch top contenders to replace incumbent; Injeti Srinivas also said to be in race
Here are the top business headlines on Tuesday morning
Experts say nudge towards direct plans, regulatory changes and market correction have led to cuts
Some rating agencies moved the tribunal seeking a stay on the second show-cause notices issued by Sebi in January 2020
Sebi's moves towards relaxing capital-raising norms will help companies stay in survival mode and should be the start of many more adjustments
Market experts said the new guidelines provide flexibility to the promoters and promoter group entities to attract investors for their companies
The new norms would require mandatory segregation of advisory and distribution activities at client-level to avoid conflict of interest.
It said Divi's had made an announcement on July 10, 2017, during market hours that the US FDA would lift import alert 99-32 on the company's unit-II at Visakhapatnam
The framework, which will come into force from August 1, is aimed at protecting the interest of non-defaulting clients of trading members
Before this, the regulator had eased compliance requirement in this regard in April
AIFs have to collect stamp duty through a registrar and transfer agent
The fine amount has to be paid by the entities jointly and severally
Sebi has imposed a penalty totalling Rs 40 lakh on Maitreya Plotters and Structures Pvt Ltd and its directors for not complying with the market regulator's earlier directive.
Markets regulator Sebi on Monday extended the deadline till July 15 for public comments on a report regarding social stock exchange and allowing direct listing of non-profit organisations.
Market regulator starts process to hire two candidates on deputation