Page 49 - Latest Updates on SEBI
Sebi bans Varyaa Creations from securities mkt over IPO proceeds diversion
The shareholdings of seven promoter group entities have been frozen until further directions, according to an interim order passed by Sebi on Wednesday
 "Sebi bans Varyaa Creations from securities mkt over IPO proceeds diversion")
SAT allows Gensol Engineering to file its response to Sebi interim order
In a regulatory filing, the company said the appeal filed by it before the SAT has been disposed of, granting it an opportunity to file its response to Sebi's interim order within two weeks
 "SAT allows Gensol Engineering to file its response to Sebi interim order")
Sebi bars Varyaa Creations, freezes promoters' shares over IPO misuse
Sebi has debarred Varyaa Creations from markets, citing diversion of 71% of IPO funds; lead manager also barred, promoter group shares frozen pending investigation
 "Sebi bars Varyaa Creations, freezes promoters' shares over IPO misuse")
Sebi warns investors as Strata exits SM REIT framework post legal row
Strata, with Rs 2,000 crore AUM, had not launched SM REIT schemes before surrendering its registration following Sebi discussions and legal proceedings
Sebi updates investor charter for RTAs to enhance protection, literacy
Under this, all RTAs (Registrars to an Issue and Share Transfer Agent) are required to share the updated Investor Charter on their websites and via email to existing and new shareholders
Groww Invest Tech pays Rs 47.85L to Sebi, settles regulatory lapses case
The order came after the broking company filed an application with Sebi 'without admitting or denying the facts and conclusion of law'
 "Groww Invest Tech pays Rs 47.85L to Sebi, settles regulatory lapses case")
Sebi extends deadline of AIF managers' certification requirement to July 31
Earlier, Sebi allowed existing AIF schemes as of May 13, 2024, and schemes pending approval (as of May 10, 2024) until May 9, 2025, to obtain this certification
Sebi proposes relief for FPIs investing in govt bonds under VRR, FAR
Sebi proposes easing norms for FPIs investing solely in Indian government bonds via VRR and FAR, with relaxed KYC and disclosure rules amid global index inclusion
 "Sebi proposes relief for FPIs investing in govt bonds under VRR, FAR")
Greaves Electric gets Sebi nod for public listing, looks to raise ₹1000 cr
Greaves Electric Mobility has received Sebi's approval to launch an IPO, aiming to raise ₹1,000 crore through fresh shares and an OFS, with funds planned for tech, capacity, and expansion projects
 "Greaves Electric gets Sebi nod for public listing, looks to raise ₹1000 cr")
Groww Invest pays over ₹34 Lakh to settle Sebi case linked to tech glitch
Groww Invest has paid ₹34.12 lakh to settle a Sebi case over a January 2024 tech glitch that left customers unable to trade, drawing a line under the matter without admitting any fault
 "Groww Invest pays over ₹34 Lakh to settle Sebi case linked to tech glitch")
Gensol Engineering promoters quit after Sebi order on fund diversion
The regulator also debarred Anmol and Puneet Singh Jaggi from holding the position of a director or key managerial personnel in Gensol until further orders
 "Gensol Engineering promoters quit after Sebi order on fund diversion")
Sebi set to roll out new risk metrics to curb F&O market speculation
New risk metrics target speculative churn; parts of the original plan revised after industry pushback
Sebi proposes new disclosure norms for governance by HVDLEs in India
Under the proposal, an HVDLE should submit a secretarial compliance report in such form as specified by Sebi, to stock exchanges, within 60 days from end of each financial year
BP Ventures in talks to acquire Anmol Singh Jaggi's stake in BluSmart
BP Ventures is exploring a buyout of Anmol Jaggi's 25.14 per cent stake in BluSmart as part of efforts to resolve governance issues and restart suspended operations
 "BP Ventures in talks to acquire Anmol Singh Jaggi's stake in BluSmart")
Paytm, founder and CEO Vijay Shekhar Sharma settle ESOP case with Sebi
Consequently, last month, Sharma had foregone these ESOPs and as a result, Paytm took a related ₹492 crore one-time charge in the previous quarter
 "Paytm, founder and CEO Vijay Shekhar Sharma settle ESOP case with Sebi")
Attracting FIIs & FPIs - balance regulations with ease of doing business
India's record GST collections and rising domestic investments highlight economic resilience, while SEBI's evolving FPI norms aim to balance transparency, compliance, and investor confidence
 "Attracting FIIs & FPIs - balance regulations with ease of doing business")
BSE urges market players to enhance cybersecurity amid rising threats
BSE has asked brokers and traders to assess their systems and implement cybersecurity measures in line with Sebi's CSCRF after a CERT-In warning on BFSI sector
 "BSE urges market players to enhance cybersecurity amid rising threats")
NSE denies seeking finance ministry help over Sebi IPO approval delay
NSE denies reports it sought finance ministry help after Sebi delayed IPO nod; says no government communication in 30 months, rejects claims of regulatory bias
 "NSE denies seeking finance ministry help over Sebi IPO approval delay")
This exchange stock zoomed 87% from March low; m-cap nears ₹1 trillion
Shares of BSE Limited hit a new high of ₹6,890, rallying 10% in two days after it reported strong Q4 results.
 "This exchange stock zoomed 87% from March low; m-cap nears ₹1 trillion")
Sebi revises REITs, InvITs disclosure norms for offer documents
Under the new rules, REITs and InvITs issuing offer documents or follow-on offers must disclose audited financial statements for the last three financial years and a stub period