Page 3 - Latest Updates on SEBI
Sebi confirms Rajesh Exports curbs, flags incomplete information in probe
Rajesh Mehta remains barred from dealing in Rajesh Exports securities as Sebi examines financial disclosures, subsidiary consolidation and alleged related-party fund routing.
 "Sebi confirms Rajesh Exports curbs, flags incomplete information in probe")
Look beyond credit riskometer: Check ratings, yields and bond maturities
Read the rating rationale, compare yields and match maturities to when you need the money
 "Look beyond credit riskometer: Check ratings, yields and bond maturities")
Sebi proposes tighter IPO proceeds monitoring, fines for defaulting firms
Sebi proposes mandatory monitoring agencies for all issuances, with stock exchanges empowered to levy fines and freeze promoters' demat accounts for persistent non-cooperation
 "Sebi proposes tighter IPO proceeds monitoring, fines for defaulting firms")
Sebi extends relaxation to revise fresh issue size till March 2027
IPO-bound companies can increase or decrease fresh issue sizes by up to 50 per cent without filing fresh draft offer documents, provided the main objective of the issue remains unchanged
 "Sebi extends relaxation to revise fresh issue size till March 2027")
Sebi nudges brokerage firms to join return verification platform
Only four qualified stock brokers have joined the PaRRVA platform so far, while several industry players have raised concerns over high costs and limited adoption
 "Sebi nudges brokerage firms to join return verification platform")
Sebi notifies common ad code, allows celebrity endorsements for brands
Sebi's common advertisement code allows celebrities to promote regulated entities at the brand level but prohibits endorsements of specific financial products or services.
 "Sebi notifies common ad code, allows celebrity endorsements for brands")
Sebi to issue closing auction guidelines in a week: Tuhin Kanta Pandey
The regulator is also working to simplify digital onboarding for persons resident outside India (PROIs), allowing them to access Indian markets without requiring their physical presence
 "Sebi to issue closing auction guidelines in a week: Tuhin Kanta Pandey")
Sebi changed goalposts, seeks order logs: Trading firm Jane Street to SAT
Jane Street seeks order logs and counterparty details to defend itself in the market manipulation case, while Sebi argues that it has disclosed all material relied upon so far
 "Sebi changed goalposts, seeks order logs: Trading firm Jane Street to SAT")
Sebi brings risk-o-meter for debt securities; eases norms for debt-raising
Sebi introduces Credit Risk-o-Meter, eases private debt norms; NSE flags steep premiums in some international ETFs
SAT seeks details of documents Sebi shared with Jane Street beyond duty
The tribunal asks Sebi to specify material shared beyond its legal obligations as Jane Street seeks trading data and other documents; the hearing continues on Thursday.
 "SAT seeks details of documents Sebi shared with Jane Street beyond duty")
Sebi shares trade data with Jane Street, seeks response to allegations
The Securities and Exchange Board of India has provided time, quantity and pricing details of actual trades
 "Sebi shares trade data with Jane Street, seeks response to allegations")
Jane Street should explain trading strategies, Sebi tells SAT in hearing
Sebi told SAT that Jane Street has received sufficient material to answer manipulation allegations and should explain its trading conduct instead of seeking more documents
 "Jane Street should explain trading strategies, Sebi tells SAT in hearing")
Sebi launches nationwide investor campaign, cautions against finfluencers
Project Jagrook will take financial literacy to rural areas and educational institutions, while cautioning investors against anonymous tips and exaggerated return claims
 "Sebi launches nationwide investor campaign, cautions against finfluencers")
35 years of liberalisation: The making of India's regulatory state
India's regulatory framework must evolve towards greater independence, transparency and accountability as markets and regulators mature
 "35 years of liberalisation: The making of India's regulatory state")
Sebi may partly reverse derivative settlement rules after pushback
Sebi may use the last 30 minutes' volume-weighted average price for derivatives settlement, while retaining closing auctions for less liquid stocks
Sebi CAS review draws over 20K responses; traders resist VWAP shift
FIA, a global body of traders and exchanges, favours the 30-minute CTS-VWAP option and continuous trading till 3:30 pm
Sebi examining position limits for non-agri contracts to boost liquidity
Sebi is examining position limits for non-agricultural commodity contracts to improve liquidity and market depth while maintaining risk controls, chairman Tuhin Kanta Pandey said
 "Sebi examining position limits for non-agri contracts to boost liquidity")
Sebi to soon issue framework on CAS; receives over 3,500 comments
Chairman Tuhin Kanta Pandey said the market regulator would quickly examine responses to its consultation paper on changes to CAS, market timings and settlement of derivative contracts
 "Sebi to soon issue framework on CAS; receives over 3,500 comments")
Sindhuja raises ₹100 crore via NCDs; Carlsberg gets Sebi approval for IPO
Sindhuja Microcredit raised ₹100 crore through NCDs, while Carlsberg India received Sebi's observations for a ₹6,600 crore IPO involving a stake sale by its parent
 "Sindhuja raises ₹100 crore via NCDs; Carlsberg gets Sebi approval for IPO")
Sebi revamps document verification system to curb fake letters and notices
Recipients can verify the origin of Sebi letters and notices by entering details including the subject, now a mandatory field; the check does not authenticate their contents