Page 50 - Latest Updates on SEBI
Sebi chief seeks feedback from industry on easing regulatory norms
Sebi Chairman Tuhin Kanta Pandey held discussions with over 50 MDs and CEOs to gather feedback on easing business norms and enhancing capital market efficiency
 "Sebi chief seeks feedback from industry on easing regulatory norms")
SAT denies interim relief to Gensol in Sebi fraud case, reply due in 2 wks
SAT has asked Gensol to respond to Sebi's charges within two weeks even as MCA and EOW intensify scrutiny into alleged fund diversion and forged documentation
 "SAT denies interim relief to Gensol in Sebi fraud case, reply due in 2 wks")
Sebi proposes easier delisting rules for low-float PSUs with 90% govt stake
Sebi proposes fixed price delisting and exemptions from minimum public shareholding rules for PSUs with over 90 per cent government holding and thin public float
 "Sebi proposes easier delisting rules for low-float PSUs with 90% govt stake")
Sebi approves IPOs of Veritas Finance, Laxmi India Finance, 3 others
Veritas Finance, a non-deposit taking non-banking financial company (NBFC), plans to raise funds through a public offer comprising a fresh issue of ₹600 crore
 "Sebi approves IPOs of Veritas Finance, Laxmi India Finance, 3 others")
Sebi bars Synoptics, promoters over IPO fund misuse, probes 20 SMEs
The market regulator also restricted merchant banker First Overseas Capital - the lead manager for Synoptics' IPO - from taking up any new assignments until further notice
HDFC Capital pays Rs 36 lakh to Sebi to settle AIF rule breach case
As per the settlement order, the markets watchdog will not initiate any further step against HDFC Capital and its managed fund for the violations
 "HDFC Capital pays Rs 36 lakh to Sebi to settle AIF rule breach case")
Sebi may set up separate mechanism for voluntary delisting of PSUs
In view of these drawbacks and to facilitate delisting of such PSUs, Sebi has proposed that a separate carve out for voluntary delisting should be created
Sebi comes out with 'investor charter' for KYC registration agencies
This charter is aimed at facilitating investor awareness about various activities where an investor/client has to deal with KYC (Know Your Client) Registration Agencies
 "Sebi comes out with 'investor charter' for KYC registration agencies")
Sebi sets ₹1 crore minimum, mandates demat for securitised debt instruments
Investors in these instruments receive returns based on the performance of the underlying debt pool, and the risk is spread across multiple assets, offering potentially attractive returns
SME migration to mainboard slows as tighter Sebi norms take effect
The slowdown comes as a result of tighter eligibility criteria introduced by stock exchanges after Sebi overhauled migration rules in its December 2024 board meeting
NSE issues compliance standards to regulate algo trading from August
Standards align with Sebi's February norms mandating API rules and registration to close regulatory gaps and protect retail investors in algorithmic trading
 "NSE issues compliance standards to regulate algo trading from August")
Sebi mandates cooling-off period for directors at market infra institutions
To give this effect, Sebi has amended Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations
 "Sebi mandates cooling-off period for directors at market infra institutions")
Stretch marks on rally: Mkt has legs, trading volume still finding its feet
April's uptick signals a market stirring, with FPIs putting a spring in its step
 "Stretch marks on rally: Mkt has legs, trading volume still finding its feet")
Sebi working to set up centralised KYC system: Tuhin Kanta Pandey
He added that the finance secretary is chairing the committee responsible for this initiative, and efforts are underway to expedite the process
 "Sebi working to set up centralised KYC system: Tuhin Kanta Pandey")
Sebi fines Seya Industries ₹58.5 cr for 'fund misuse, financial fraud'
The accounting treatment of interest in FY20 to FY22 and quarter ended June, September and December 2022 by Seya was not in accordance with Indian Accounting Standards
ICAI to assist Sebi in safeguarding retail investors, tackling market fraud
ICAI President Charanjot Singh Nanda on Saturday said the institute will set up a working group and hold discussions with Sebi to finalise the various aspects
 "ICAI to assist Sebi in safeguarding retail investors, tackling market fraud")
Jio-Facebook deal: SAT nixes Reliance Industries plea against Sebi penalty
Tribunal upholds Sebi's Rs 30 lakh penalty on RIL for not disclosing the Jio-Facebook investment deal after media reports triggered stock movement in March 2020
 "Jio-Facebook deal: SAT nixes Reliance Industries plea against Sebi penalty")
Sebi mulls easing InvIT, REIT norms to boost ease of doing business
The Securities and Exchange Board of India (Sebi) on Friday waived the requirement of seeking specific approvals from the regulator for stock brokers to undertake business in GIFT-IFSC
 "Sebi mulls easing InvIT, REIT norms to boost ease of doing business")
Sebi accuses Adani's nephew in insider trading case, settlement talks on
Settlement terms were being discussed, said the source with direct knowledge of the matter, who declined to be named as the matter is confidential
Sebi relaxes norms for brokers to expand in Gift City, nixes separate NOC
Sebi said the net worth of the SBU will be kept segregated from the net worth of the stock broker in the Indian securities market
 "Sebi relaxes norms for brokers to expand in Gift City, nixes separate NOC")