Page 46 - Latest Updates on SEBI
Sunil Jayawant Kadam takes charge as Sebi's new executive director
He will handle several departments, including Information Technology, Investor Assistance and Education and matters related to the National Institute of Securities Markets (NISM)
 "Sunil Jayawant Kadam takes charge as Sebi's new executive director")
Shadowfax Technologies files confidential DRHP for ₹2,500-crore IPO
In its most recent funding round in February 2025, Shadowfax raised both primary and secondary capital at an approximate valuation of ₹6,000 crore.
 "Shadowfax Technologies files confidential DRHP for ₹2,500-crore IPO")
Hero Motors refiles DRHP, raises IPO size to ₹1,200-cr; key details here
Hero Motors IPO: The IPO comprises a combination of fresh issue up to ₹800 crore and an OFS up to ₹400 crore by promoters
 "Hero Motors refiles DRHP, raises IPO size to ₹1,200-cr; key details here")
Meta on way to use Sebi's filter to weed out unregulated advisors
In March earlier this year, Sebi had directed all intermediaries to register with platform providers such as Google and Meta for publishing advertisements
 "Meta on way to use Sebi's filter to weed out unregulated advisors")
Registered intermediaries allowed to use NPCI's e-KYC Setu System: Sebi
Under the present framework, registered intermediaries use e-KYC services of Unique Identification Authority of India (UIDAI) in the securities market
 "Registered intermediaries allowed to use NPCI's e-KYC Setu System: Sebi")
Tenneco Clean Air India files for IPO with Sebi, seeks to raise ₹3000 cr
The proposed IPO is entirely an Offer for Sale (OFS) by the promoter Tenneco Mauritius Holdings Ltd with no fresh equity issuance, according to the draft red herring prospectus (DRHP)
 "Tenneco Clean Air India files for IPO with Sebi, seeks to raise ₹3000 cr")
German Green Steel files IPO papers with Sebi; seeks to raise ₹450 cr
The company may consider a pre-IPO placement in consultation with the book-running lead managers before filing the red herring prospectus
 "German Green Steel files IPO papers with Sebi; seeks to raise ₹450 cr")
Curefoods India files DRHP with Sebi, aims to raise ₹800 cr for expansion
Curefoods India IPO comprises a fresh issue of face value of ₹1 per share aggregating up to ₹800 crore and an OFS of up to 48.5 million equity shares
Silverton Industries files IPO papers, seeks ₹300 cr via fresh issue
The proposed IPO is a combination of fresh issuance of shares worth Rs 300 crore, and an offer-for-sale of 3.22 crore equity shares by promoters, according to the DHRP filed on Friday
Cloud kitchens operator Curefoods files IPO papers; aims to raise Rs 800-cr
The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders
 "Cloud kitchens operator Curefoods files IPO papers; aims to raise Rs 800-cr")
Pump & dump stock 'scam': Sebi seizes 'incrimating evidence' in search ops
Without disclosing specific details, the Securities and Exchange Board of India (Sebi) said as part of probing the scam, search and seizure operations were carried out at multiple locations
 "Pump & dump stock 'scam': Sebi seizes 'incrimating evidence' in search ops")
Sebi streamlines minimum information rules for RPTs from September
From September 1, companies must provide detailed certificates, valuations and disclosures to audit committees and shareholders for related party transactions
 "Sebi streamlines minimum information rules for RPTs from September")
Sebi conducts raids across country; cracks down on pump, dump schemes
Sebi has seized incriminating evidence through multiple search operations across cities as part of its investigation into fraudulent pump and dump stock schemes
 "Sebi conducts raids across country; cracks down on pump, dump schemes")
Wakefit Innovations files draft papers with Sebi; seeks to raise ₹ 468 cr
The proposed IPO of the Bengaluru-based company is a combination of a fresh issue of equity shares aggregating up to Rs 468.2 crore and an OFS of 5.84 crore equity shares by the selling shareholders
 "Wakefit Innovations files draft papers with Sebi; seeks to raise ₹ 468 cr")
Sebi extends investor-protection rule to passive mutual fund breaches
Timelines for portfolio rebalancing in schemes will now be applicable to all types of passive breaches across actively managed schemes
 "Sebi extends investor-protection rule to passive mutual fund breaches")
Jio Financial stock hits 6-mth high, soars 5% on heavy volumes; here's why
Jio Financial share price rises on Friday: BlackRock Broking Private Limited has received regulatory approval from the Sebi to commence operations as a brokerage firm in India.
 "Jio Financial stock hits 6-mth high, soars 5% on heavy volumes; here's why")
Credila Fin Services files updated draft for IPO; to raise Rs 5,000 cr
As part of the OFS route, Kopvoorn BV (an affiliate of EQT Private Capital Asia) will sell shares worth Rs 950 crore and HDFC Bank Ltd will be offloading its stake in the company for Rs 1,050 crore
 "Credila Fin Services files updated draft for IPO; to raise Rs 5,000 cr")
Mutual fund schemes renamed to align with the Sebi category norms
With Sebi's June deadline nearing, fund houses rename equity schemes to reflect category names and avoid investor confusion; more changes may follow
 "Mutual fund schemes renamed to align with the Sebi category norms")
Sebi extends portfolio rebalancing timelines to all passive breaches in MFs
A passive breach refers to unintended deviations from the mandated asset allocation or regulatory limits that do not arise from the direct actions or omissions of asset management companies (AMCs)
 "Sebi extends portfolio rebalancing timelines to all passive breaches in MFs")
Centre may speed up stake dilution in GIC Re, New India Assurance
As of now, the government holds 85.44 per cent in New India Assurance and 82.4 per cent in GIC Re
 "Centre may speed up stake dilution in GIC Re, New India Assurance")