Page 52 - Latest Updates on SEBI
Sebi exempts government from open offer obligation in Vodafone Idea deal
The increase in shareholding of GoI to 48.99 per cent would in ordinary course trigger an open offer obligation under the Takeover Rules, but the regulator has granted an exemption to the government
 "Sebi exempts government from open offer obligation in Vodafone Idea deal")
Sebi introduces document number verification system for transparency
Markets regulator Sebi on Thursday launched a 'document number verification system' to ensure verifiability of all documents issued by it.
 "Sebi introduces document number verification system for transparency")
Sebi launches system to verify authenticity of notices and summons
Sebi warns NSDL for compliance on centralised database
 "Sebi launches system to verify authenticity of notices and summons")
MRN Chamundi pays ₹56 lakh to settle market norms violation case with Sebi
The order came after MRN Chamundi filed a suo motu settlement application under the norms proposed to settle by neither "admitting nor denying the findings of fact and conclusions of law"
 "MRN Chamundi pays ₹56 lakh to settle market norms violation case with Sebi")
Sebi imposes Rs 5.2 crore penalty on OPG Securities in NSE co-location case
New order following SAT directions to recalculate the disgorgement and penalty amounts
Sebi allows advisers, analysts to charge advance fees for up to a year
These provisions will not be applicable in the case of non-individual clients, accredited investors, and in case of institutional investors seeking the recommendation of a proxy adviser
Sebi extends NSDL share listing deadline to July 31, 2025 for IPO prep
Market experts suggest that this extension will give NSDL ample time to ready itself for the Initial Public Offering (IPO) and to launch it when market conditions are more favourable
Relief for brokers as stock exchanges ease technical glitch norms
The exchanges have also revised the list of instances that will be considered a technical glitch, excluding those where the broker is not at fault
 "Relief for brokers as stock exchanges ease technical glitch norms")
Clearing corporation ownership shift remains shrouded with uncertainty
Sources say diversified shareholding may create challenges in fundraising, will add complexities
Link Intime India pays ₹14.5 lakh to settle norms violation case with Sebi
The order came after the applicant (Link Intime India) proposed to settle the instant proceedings initiated against it, without "admitting or denying the findings of facts and conclusions of law"
SC asks TMC MP Mahua Moitra to approach Sebi for public disclosure of FPIs
While disposing of Moitra's plea, the bench said once such a representation would be made, the same be considered in accordance with law
 "SC asks TMC MP Mahua Moitra to approach Sebi for public disclosure of FPIs")
Bombay HC extends stay on FIR order against ex-Sebi chief Buch, 5 others
"The interim relief granted earlier shall continue until further orders," HC said posting the matter for further hearing on May 7
 "Bombay HC extends stay on FIR order against ex-Sebi chief Buch, 5 others")
ESDS Software Solution files draft papers with Sebi for Rs 600 crore IPO
The IPO is solely a fresh issue with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on March 30.
 "ESDS Software Solution files draft papers with Sebi for Rs 600 crore IPO")
IPO Alert! Jain Resource Recycling files draft papers with Sebi; details
The company seeks to raise up to ₹2,000 crore from the public issue, which comprises both a fresh issue as well as an offer for sale of equity shares
 "IPO Alert! Jain Resource Recycling files draft papers with Sebi; details")
SIS Cash Service IPO to raise Rs 100 cr, promoters offer 3.7 mn addl shares
Proceeds from the fresh issue to the tune of ₹37.59 crore will be used for the purchase of cash vehicles and fabrication of the secured vehicle
 "SIS Cash Service IPO to raise Rs 100 cr, promoters offer 3.7 mn addl shares")
Park Medi World files for ₹1,260 cr IPO, includes ₹300 cr shares on offer
The company may also consider a pre-IPO placement of up to ₹192 crore
 "Park Medi World files for ₹1,260 cr IPO, includes ₹300 cr shares on offer")
Sebi eases intraday monitoring rules for index derivatives amid opposition
As per a circular issued on Friday, any breaches of existing limits will not attract penalties - for now - following concerns raised by industry stakeholders
NSE looks to assuage Sebi concerns around IPO, seeks nod to file DRHP
Underscores steps taken to bolster technology, governance
 "NSE looks to assuage Sebi concerns around IPO, seeks nod to file DRHP")
Sebi includes Green Credit Program under BRSR framework
If a company discloses ESG information about its value chain, it is also required to disclose the percentage of total sales and purchases covered by this information
 "Sebi includes Green Credit Program under BRSR framework")
Front running case: Sebi bans 5 from mkts for 1 year, impounds Rs 1.53 cr
The regulator noted that Nikhil, through Om Prakash, Manju, Neha and Nidhi's accounts, engaged in front running trades for six years
 "Front running case: Sebi bans 5 from mkts for 1 year, impounds Rs 1.53 cr")