Page 58 - Latest Updates on SEBI
Sebi revamps mutual fund, demat nomination to reduce unclaimed assets
The regulator has also issued detailed guidelines for nominees to act on behalf of incapacitated investors
 "Sebi revamps mutual fund, demat nomination to reduce unclaimed assets")
Sebi outlines procedure for seeking waiver of interest on penalty payment
In its circular, Sebi said applications are allowed only if the notice of demand has already been served and the principal amount due is fully paid
Nusli Wadia, sons, others settle disclosure lapses case with Sebi
Sebi noted that Wallace Brothers Trading & Industrial Ltd, a promoter group entity, of Bombay Burmah Trading Corporation (BBTC) was incorrectly classified as a public shareholder
 "Nusli Wadia, sons, others settle disclosure lapses case with Sebi")
Sebi renews recognition to AMC Repo Clearing for 1 yr to clear transactions
The regulator has granted renewal of recognition for one year starting January 17, 2025, according to a notification uploaded on Sebi's website on Friday
 "Sebi renews recognition to AMC Repo Clearing for 1 yr to clear transactions")
Fund raising from capital markets to jump 21% to Rs 14.27 trn in FY25: Buch
Buch said in the past nine months of the current fiscal, entities have mobilised Rs 3.3 trillion in equity and Rs 7.3 trillion from the debt markets
 "Fund raising from capital markets to jump 21% to Rs 14.27 trn in FY25: Buch")
Markets Today: TCS Q3; FIIs; Quadrant Future IPO allotment; US, UK bonds
Thursday's session had already painted a grim picture, with the Sensex plunging 528.28 points (0.68 per cent) to close at 77,620.21. The Nifty shed 162.45 points (0.69 per cent) to settle at 23,526.50
 "Markets Today: TCS Q3; FIIs; Quadrant Future IPO allotment; US, UK bonds")
Fundraising via equity, debt hit all-time high in 2024: Prime Database
Ninety-one firms raised Rs 1.6 trillion through main board IPOs in 2024, more than three times Rs 49 436 crores through 57 IPOs in 2023
 "Fundraising via equity, debt hit all-time high in 2024: Prime Database")
Broker claims 1,103 dependent children accounts; Sebi slaps Rs 9 lakh fine
Sebi had carried out a detailed and thematic inspection of the Stocking Services Limited with the theme 'Multiple UCCs mapped to common email ID or common mobile number'
 "Broker claims 1,103 dependent children accounts; Sebi slaps Rs 9 lakh fine")
SC tells Sebi to review development proposals for Sahara's Versova property
The court directed both the developers to deposit Rs 1,000 crore via a demand draft, saying it will not be encashed until the court takes a final decision in the matter
 "SC tells Sebi to review development proposals for Sahara's Versova property")
Sebi approves IPOs of Regreen-Excel, Dr Agarwal's, Casagrand, Highway Infra
However, two other companies-Amruta Healthcare and Mouri Tech-that had filed their draft documents have withdrawn their application
 "Sebi approves IPOs of Regreen-Excel, Dr Agarwal's, Casagrand, Highway Infra")
Sebi warns Ola Electric over disclosure norms violation, its shares fall 4%
The company's MD had disclosed expansion plans on social media before information on stock exchanges
 "Sebi warns Ola Electric over disclosure norms violation, its shares fall 4%")
Sebi issues new guidelines for research analysts, investment advisers
These guidelines came after the regulator notified the research analyst (RA) rules and investment adviser (IA) norms in December last year
 "Sebi issues new guidelines for research analysts, investment advisers")
Two individuals pay Rs 91 lakh to settle front-running case with Sebi
Apart from the settlement amount, these two individuals -- Meghana Gosar and Devan Sangoi -- have to comply with other conditions to settle the matter, the capital markets regulator said
Sebi modifies credit rating agency rules to enhance ease of doing business
In a circular issued on Tuesday, the markets watchdog announced changes in rules for CRAs aimed at standardising rating processes and publication protocols
 "Sebi modifies credit rating agency rules to enhance ease of doing business")
Sebi asks companies to disclose whistleblower complaints in IPO filings
Sebi mandates that companies disclose any whistleblower complaints related to promoters in their IPO documents, aiming for increased transparency after recent interventions in IPOs
 "Sebi asks companies to disclose whistleblower complaints in IPO filings")
Capital Group duped: Here's how $2.6 trillion fund was taken for a ride
The alleged organier is Ketan Parekh, a former stockbroker the regulator has chased out of the market once before
 "Capital Group duped: Here's how $2.6 trillion fund was taken for a ride")
Markets regulator Sebi warns Ola Electric for violating disclosure norms
According to the letter issued by Sebi, the electric vehicle manufacturer announced its expansion plans on microblogging platform X (formerly Twitter), before informing the exchanges
 "Markets regulator Sebi warns Ola Electric for violating disclosure norms")
Market regulator Sebi slaps Rs 9 lakh fine on Stockholding Services
The violations were found after a thematic inspection by the regulator during April 2022 and June 2023
 "Market regulator Sebi slaps Rs 9 lakh fine on Stockholding Services")
ASK Investment Managers, Monarch Networth apply for mutual fund licence
While Monarch Networth Capital filed its application on December 31, 2024, ASK Investment Managers had applied in October 2024
Six new fund houses set to join Rs 68-trillion MF industry in 2025
Angel One, Unifi set to launch first fund this year; four more likely to secure licence this year
 "Six new fund houses set to join Rs 68-trillion MF industry in 2025")