Page 53 - Latest Updates on SEBI
Sebi seeks broader powers to curb unauthorised financial advice online
The request comes as the regulator has intensified investigations into market violations and clamped down on unregulated financial advice circulating on social media
 "Sebi seeks broader powers to curb unauthorised financial advice online")
Innovatiview India files draft papers with Sebi for Rs 2,000 crore IPO
Since the IPO is entirely an OFS, the company will not receive any funds from the issue and the proceeds will go to the selling shareholder
 "Innovatiview India files draft papers with Sebi for Rs 2,000 crore IPO")
Paytm Money settles Sebi norm violation allegations for Rs 45.5 lakh
In a separate development, Paytm Money announced the appointment of Rajeev Krishnamuralilal Agarwal as an additional non-executive independent director on its Board
 "Paytm Money settles Sebi norm violation allegations for Rs 45.5 lakh")
Sebi proposes rules to beef up ERP framework; aims to enhance transparency
Key areas include withdrawal of ESG ratings, disclosure of rating rationale
 "Sebi proposes rules to beef up ERP framework; aims to enhance transparency")
Sebi seeks greater access to social media records to curb market violations
This is the second time since 2022 that the Securities and Exchange Board of India (Sebi) has sought such powers, with approval from the government still pending
 "Sebi seeks greater access to social media records to curb market violations")
Sebi platform MITRA to help investors trace inactive mutual fund folios
Digital facility will help investors who have over time lost track of subscriptions due lack of updated contact information, other reasons
 "Sebi platform MITRA to help investors trace inactive mutual fund folios")
Sebi issues manual to provide guidance on Industry Standards Fora
The Securities and Exchange Board of India (Sebi) had launched a pilot programme for Industry Standards Fora (ISFs) in July 2023, to develop implementation standards for regulatory guidelines
Sebi proposes changes in margin pledge system to prevent securities' misuse
The Securities and Exchange Board of India (Sebi) has invited public comments on the draft circular 'Margin obligations to be given by way of Pledge/re-pledge in the depository system' by March 4
Sebi looks into research analysts' concerns; may ease advance fee norms
Under the rules implemented in December 2024, research analysts were permitted to charge advance fees for only one quarter
 "Sebi looks into research analysts' concerns; may ease advance fee norms")
SC grants time to Danny Gaekwad to deposit Rs 600 cr for counter offer
The court also clarified that except for the modification of the time limit to deposit the said amount, other terms and conditions mentioned in the February 7 order will remain unaffected
 "SC grants time to Danny Gaekwad to deposit Rs 600 cr for counter offer")
Sebi launches MITRA to help investors track unclaimed mutual funds folios
The criteria for classifying a folio as inactive include an absence of investor-initiated transactions, financial or non-financial, for a period of ten years, despite having a unit balance
 "Sebi launches MITRA to help investors track unclaimed mutual funds folios")
EQT-backed Indira IVF confidentially files draft papers for Rs 3,500 cr IPO
The fertility firm files draft papers via the confidential filing route
 "EQT-backed Indira IVF confidentially files draft papers for Rs 3,500 cr IPO")
Religare saga: Saluja moves HC against Sebi, seeks to quash Burmans' offer
Fresh petition filed on Tuesday states that the letter of offer does not adhere to the conditions set by RBI
 "Religare saga: Saluja moves HC against Sebi, seeks to quash Burmans' offer")
National Peroxide settles disclosure lapses case with Sebi for Rs 9.4 lakh
The order came after National Peroxide Ltd filed an application in November last year with Sebi proposing to settle the instant proceedings initiated against it
Sebi proposes new framework to handle unclaimed funds, securities
The regulator has proposed that if the client is not reachable or the funds cannot be credited to their bank account, such accounts will be put under 'enquiry status'
 "Sebi proposes new framework to handle unclaimed funds, securities")
Sebi bars LS Industries, promoters for alleged stock manipulation
Cautions investors against 'blind pursuit' in companies without strong fundamentals
Sebi bans LS Industries, promoter, 4 others from securities markets
The matter pertains to LS Industries and its key associates were involved in artificially inflating the company's share price despite negligible revenue and financial instability
Market regulator Sebi bars Kalahridhaan Trendz from securities market
Sebi conducted an inspection of the small and medium enterprise (SME) listed on NSE's SME exchange after receiving a complaint from HDFC Bank regarding a loan repayment default
Market regulator Sebi turns the wrench on auditor appointments, RPT rules
Guardrails set to defend against ambiguity and strengthen compliance
 "Market regulator Sebi turns the wrench on auditor appointments, RPT rules")
Sebi mulls changes to compliance report format, auditors' appointment rules
These proposals are aimed at ensuring that listed entities maintain high standards of compliance and transparency in their dealings
 "Sebi mulls changes to compliance report format, auditors' appointment rules")