This is the fourth such communication from the market regulator to the designated depository participants/custodians in a month
Industry estimates suggest Rs 5,700 crore exposed to such papers
The 10% threshold is in line with the rules for significant beneficial owners under the Companies Act, 2013
Impact on India investments via Mauritius likely to be minimal
Stung by the comments made by the global chief, market regulator on Thursday issued a press release defending the new rules it introduced in October last year
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A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today
Over Rs 25,000 crore ($3.3 billion) worth of investments belonging to 300,000 investors are currently stuck in the six debt schemes wound up by the fund house
Hindustan Unilever will be in focus today as UK-based GSK will offload shares worth Rs 26,000 crore in the FMGC major
Extension of moratorium also discussed with Sebi
Sebi regulations required fund houses to cap exposure to such papers at 10% of scheme assets
The entities have been asked to make the open offer within 45 days from the date when the coronavirus-induced lockdown would be lifted
It said the abridged letter of offer, application form and other issues material to shareholders can be undertaken by electronic transmission as already provided under the ICDR norms
Derivatives turnover dips after Sebi curbs; average daily turnover value in equity cash segment of NSE stood at Rs 50,300 cr
Further, the entities have been restrained from holding any position as director or key managerial personnel in any listed company or any registered intermediary
This would be a good time to change the 20-25 rule to 50-5 or 50-10
Kitchen appliance maker Stove Kraft gets Sebi's go-ahead to launch IPO
Caps on variable pay, staggered bonus payouts among likely steps to rein in risky moves by fund managers
The entities are Prakash Kumar Mohta, Prakash Kumar Mohta (HUF), Jayantika Jatia, Maitreyi Kandoi, Moulishree Gani and Pratibha Khaitan
Norms have been extended till June 30, 2020