Page 4 - Latest Updates on SEBI
Reliance Power, Reliance Infra appeal Sebi order blocking fundraising plans
Reliance Power and Reliance Infrastructure have challenged Sebi's refusal to grant relief from restrictions linked to Anil Ambani, citing the impact on capital-raising plans
 "Reliance Power, Reliance Infra appeal Sebi order blocking fundraising plans")
Foreign funds move SAT against Sebi over adjudication procedure dispute
Five FPIs named in Hindenburg Research's Adani report have challenged Sebi's adjudication process, alleging procedural lapses in the handling of show-cause notices
 "Foreign funds move SAT against Sebi over adjudication procedure dispute")
Sebi pushes back merchant banker SBU and net worth norms deadlines
The deadline for merchant bankers to intimate Sebi regarding their categorisation as Category I or Category II merchant bankers has also been extended to March 31, 2027, from January 2, 2027
Sebi proposes unified stock pricing framework across exchanges
The regulator has proposed a common framework for determining stock base prices and price bands across exchanges to address price divergence in illiquid securities
 "Sebi proposes unified stock pricing framework across exchanges")
Planning to use algo trading? Key checks retail investors must make
Check back-test and live-trading data, drawdowns, and net-of-cost returns before you adopt an algo
 "Planning to use algo trading? Key checks retail investors must make")
Nuvama gets nod for MF biz, eyes SIF foray; CMR Green shares up 29%
Nuvama gets Sebi approval to enter the mutual fund business, while CMR Green Technologies surges 29% on debut after a heavily subscribed IPO
Sebi mistook Valcambi's Editda as revenue; all records submitted: REL
The regulator flagged what it called a prima facie misrepresentation of the company's financial position, noting that nearly the entire reported revenue was attributed to overseas subsidiaries
 "Sebi mistook Valcambi's Editda as revenue; all records submitted: REL")
Sebi proposes consolidated executive pay disclosures for mutual fund AMCs
Proposes aggregate remuneration reporting in place of individual-level disclosures
Rajesh Exports says will cooperate with audit, won't challenge Sebi's order
Rajesh Mehta denied allegations that Rajesh Exports Ltd (REL) had impeded the audit process and said the company had been forthcoming with investigators throughout
Nuvama gets Sebi's green light to commence its mutual fund business
The approval paves the way for the company to establish its mutual fund business and expand its asset management offerings
 "Nuvama gets Sebi's green light to commence its mutual fund business")
Sebi mulls easing executive remuneration disclosure norms for AMCs
Sebi has proposed replacing individual executive pay disclosures at mutual fund AMCs with consolidated figures, citing privacy and competitiveness concerns
Best of BS Opinion: Reforming institutions, governance for a changing India
Today's Opinion page examines fertiliser subsidy reform, urban governance failures, market regulation, industrial financing and antibiotic resistance through the lens of institutional accountability
 "Best of BS Opinion: Reforming institutions, governance for a changing India")
Sebi may widen 50% overlap rule to thematic passive mutual fund schemes
Curb on number of smart-beta schemes also likely; move aimed at curbing proliferation in segment
Rules for market infrastructure institutions must be subject to oversight
Institutions exercising public regulatory power must not remain outside meaningful oversight
 "Rules for market infrastructure institutions must be subject to oversight")
Canara Bank's ₹509-crore Rajesh Exports exposure: All you need to know
The Rajesh Exports-Sebi case has renewed attention on Canara Bank's ₹509-crore exposure and the trade-finance transactions that linked the company to its Swiss subsidiary
'Sebi misread accounts': Rajesh Exports founder denies irregular fund flows
Sebi has alleged fraud, citing cross-holding structures and disclosure lapses, while also ordering a forensic audit over ₹15.15 trillion in reported subsidiary revenue irregularities
ED summoned Zepto founders in April under Fema ahead of IPO, UDRHP reveals
The UDRHP revealed ED asked Zepto's founders to provide information related to foreign and overseas investments, audited financial statements since FY21, shareholding patterns, loans and guarantees.
 "ED summoned Zepto founders in April under Fema ahead of IPO, UDRHP reveals")
Zepto files updated DRHP, plans to raise ₹8,010 crore via fresh issue
Zepto has filed its updated draft papers with Sebi for a proposed ₹10,000 crore IPO, with the proceeds earmarked for expansion, technology investments and business growth
 "Zepto files updated DRHP, plans to raise ₹8,010 crore via fresh issue")
Sebi reviews broker net-worth norms, IPO price discovery framework
Market regulator is examining broker capital requirements, IPO auction mechanisms, mutual fund liquidity rules and corporate bond market reforms to improve efficiency
 "Sebi reviews broker net-worth norms, IPO price discovery framework")
Capital markets emerging as key avenue for household savings: Sebi chief
Pandey said household financial savings as a share of GDP increased to 21.7 per cent in FY25 from around 20 per cent in FY23, aided by broader participation across financial instruments
 "Capital markets emerging as key avenue for household savings: Sebi chief")