Page 69 - Latest Updates on SEBI
Kalyani Investment pays Sebi Rs 1.12 cr to settle disclosure violation case
Kalyani Investment Company Ltd (KICL), a listed entity, is part of the over $2.5 billion Kalyani Group
 "Kalyani Investment pays Sebi Rs 1.12 cr to settle disclosure violation case")
Two individuals settle insider trading case with Sebi paying Rs 74 lakh
According to Sebi, the information pertaining to the merger was found to be an Unpublished Price Sensitive Information (UPSI) and the UPSI period was considered from December 13, 2021 to April 4, 2022
 "Two individuals settle insider trading case with Sebi paying Rs 74 lakh")
Sebi punctures Bharat Global's 10,000% stock rally over fake disclosures
Shares of the Gujarat-headquartered company surged over 10,000 per cent in the 12-month period ending November as it announced forays into market-fancied sectors
 "Sebi punctures Bharat Global's 10,000% stock rally over fake disclosures")
Upcoming IPO: Agrochemical company GSP Crop Science files DRHP with Sebi
The Initial Public Offering (IPO) comprises a mix of a fresh issue of shares worth around Rs 280 crore, and 6 million equity shares offered by promoter selling shareholders
 "Upcoming IPO: Agrochemical company GSP Crop Science files DRHP with Sebi")
Burman family secures Sebi approval for 26% open offer in Religare
The Religare open offer is priced at Rs 235 per share, amounting to Rs 2,116 crore
 "Burman family secures Sebi approval for 26% open offer in Religare")
Street signs: Capital's great takeoff, IPO buffet, SMEs defy gravity
Brokers highlight strong demand for three or four of these IPOs, driven by attractive grey market premiums
 "Street signs: Capital's great takeoff, IPO buffet, SMEs defy gravity")
Front-running case: Sebi bans 9 entities, impounds Rs 21 cr illegal gains
Sebi, through an interim order on Friday, prohibited Sachin Bakul Dagli and eight other entities from the securities market and impounded the unlawful gains made by them
NSE imposes new eligibility conditions for SME IPOs day after Sebi nod
Changes made just a day after Sebi's decision to tighten norms
 "NSE imposes new eligibility conditions for SME IPOs day after Sebi nod")
Sebi directs MIIs to adopt uniform policy on data sharing for research
These market infrastructure institutions (MIIs) have been asked to segregate such data into two baskets-one that can be shared with the public and the second that cannot be made public
Algo trading: Understand risks, have realistic return expectations
The circular is expected to provide retail investors access to registered and approved algos, ensuring their interests are protected
 "Algo trading: Understand risks, have realistic return expectations")
Sebi eases rules for AMCs' scheme documents, cuts upload time to 8 days
Earlier, AMCs had to upload draft Scheme Information Documents (SIDs) on Sebi's website for 21 working days to receive public comments
 "Sebi eases rules for AMCs' scheme documents, cuts upload time to 8 days")
Markets Today: US GDP; China LPR; FIIs; Senores & Carraro IPOs; IGI listing
Early indicators pointed to a subdued start, with GIFT Nifty Futures trading 84 points lower at 23,934 at 6:55 AM
 "Markets Today: US GDP; China LPR; FIIs; Senores & Carraro IPOs; IGI listing")
Sebi extends futures trading ban on seven agri-commodities till Jan 2025
Shorter extension tenure kindles hope of early resumption of futures in some commodities
 "Sebi extends futures trading ban on seven agri-commodities till Jan 2025")
Sebi targets NFO mis-selling with new rule to prevent portfolio churn
Regulator puts an end to switching of funds by distributors for higher NFO commissions
 "Sebi targets NFO mis-selling with new rule to prevent portfolio churn")
Laxmi India Finance files draft papers with Sebi to raise funds via IPO
The Jaipur-based company's proposed IPO is a combination of a fresh issue of 1.04 crore shares and an offer for sale (OFS) of 56.38 lakh shares by promoters
 "Laxmi India Finance files draft papers with Sebi to raise funds via IPO")
Market Today: GIFT Nifty sinks; Dow Jones bleeds on Fed rate cut; DAM IPO
The central bank delivered its 3rd consecutive rate cut but signaled a slowdown in future reductions, leaving investors wary. The Fed trimmed its benchmark interest rate by a widely anticipated 25 bps
 "Market Today: GIFT Nifty sinks; Dow Jones bleeds on Fed rate cut; DAM IPO")
Sebi tightens regulations for SME listing, widens UPSI definition
Regulator also overhauls regulations governing investment bankers
New Sebi norms: SIFs to target wealthy investors with high-risk appetite
The regulator has laid down a few investing rules and regulations for this strategy. The new product line may have offers across open-ended, close-ended, and interval investment strategies
 "New Sebi norms: SIFs to target wealthy investors with high-risk appetite")
Sebi cracks down on YouTuber for illegal investment advisory services
Sebi's investigation revealed that YouTuber Ravindra Balu Bharti and his company targeted novice investors by providing unregistered investment advice, trade recommendations, and execution services
Indian REITs Association appoints Alok Aggarwal to drive sector growth
Established in 2023, the IRA is a non-profit trade organisation that supports the growth and development of India's Real Estate Investment Trust (REIT) sector
 "Indian REITs Association appoints Alok Aggarwal to drive sector growth")