The regulator has also directed two entities to disgorge unlawful gains of over Rs 21 lakh, made while dealing in the scrip of the firm
The total expenditure of the regulator also rose to Rs 492.34 crore for the year ended March 31, 2019, from Rs 414.46 crore in the previous financial year
For meetings other than annual meeting of unitholders, the facility shall be available up to September 30, 2020, it added
Both the entities were indulged in execution of such alleged non-genuine trades and created a misleading appearance of trading in the illiquid stock options contracts
The regulator's fee income surged to Rs 750 crore from Rs 624 crore and other income rose to 17 crore from nearly Rs 10 crore
Sebi's move a relief for cash-strapped companies
Sebi had, a year ago, imposed penalty of Rs 600,000 on an individual for violation under the Prohibition of Fraudulent and Unfair Trade Practices
The appellant again filed an urgency application before SAT seeking direction to be issued to Sebi to refund the order as he as in dire need of money to undergo a spinal surgery
The decision comes after receiving a representation from stock exchanges, the Securities and Exchange Board of India (Sebi) said in a circular
The SGX Nifty is indicating an open at around 10,030 levels for the Nifty amid mixed global cues
They also deliberated upon the status and developments under the IBC, and the working of credit rating agencies, the RBI said in a statement.
This is the third time Sebi has extended the curbs
On March 20, the markets regulator had imposed one-month restrictions on short-selling, increased margin requirements, and hiked penalties on violators
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly
From Sebi easing capital raising norms, FPIs from China still behind other nations to Radhakrishna Damani looking to takeover India Cements, here are the top news on Thursday morning
Sebi has also relaxed the norms for qualified institutional placements (QIP), a popular route to raise fresh capital from institutional investors.
Recently, the Securities and Exchange Board of India (Sebi) has ordered an audit of the six schemes under wind-up by FT MF.
The thinking is, enabling infusion of funds into the company would be better than purchasing shares in the market
Dave panel identifies four broad areas the need to be revamped, seeks to quicken process leading to issuance of final order against an intermediary
The e-voting, which was scheduled on June 9, was suspended following Gujarat HC's decision