Page 76 - Latest Updates on SEBI
Sebi issues guidelines for FVCIs outlining compliance, registration
Also, the Securities and Exchange Board of India has issued operational guidelines for Designated Depository Participants (DDPs)
 "Sebi issues guidelines for FVCIs outlining compliance, registration")
Become a voice of investors: Sebi chairperson Madhabi Puri Buch to MFs
Madhabi Puri Buch calls for greater participation in voting on corporate resolutions; advocates healthier growth in the corporate bond market
 "Become a voice of investors: Sebi chairperson Madhabi Puri Buch to MFs")
Sebi cuts listing time to T+3 working days for debt securities issue
Further, investors will continue to have the choice of availing other methods like applying through Self-Certified Syndicate Banks or the stock exchange platform for making applications
Balancing act: Managing conflicts in regulatory roles is key for Sebi
In the realm of market regulation, managing conflict is the key to effective governance
 "Balancing act: Managing conflicts in regulatory roles is key for Sebi")
IPO fundraise thus far in 2024 third highest in primary market history
IPO pipeline for the remaining part of CY24 remains strong. 25 companies plan to raise nearly Rs 63,550 crore and have Sebi's approval
 "IPO fundraise thus far in 2024 third highest in primary market history")
Sebi sets up foreign portfolio investors outreach cell for assistance
The cell is tasked with providing guidance at the pre-application stage, including documentation and compliance processes, and offering support during the onboarding phase by resolving any operational
M&B Engineering files draft papers with Sebi for Rs 653 crore IPO
The Gujarat-based company's total borrowings stood at Rs 204.84 crore as of March 2024, the draft papers showed
 "M&B Engineering files draft papers with Sebi for Rs 653 crore IPO")
Sebi probes six local investment banks over handling of small IPOs
The investigations follow efforts by Sebi to warn investors about the dangers of investing in some small businesses as well as plans for tighter rules for such IPOS
Sebi mandates UPI payment for public issue applications of debt securities
Last week, Sebi amended rules to streamline the process for public issuance of debt securities aimed at providing faster access to funds for such issuers
 "Sebi mandates UPI payment for public issue applications of debt securities")
Sebi simplifies process of registration for certain FPI categories
In case of onboarding applicants belonging to certain categories, Sebi has proposed an abridged version of CAF having only those fields that are unique to such applicants should be used
Sebi imposes Rs 9 lakh penalty on BGR Energy Systems for disclosure lapses
The company was required to upload the financial statements at least 21 days prior to the date of the annual general meeting called to consider accounts of the said financial year
 "Sebi imposes Rs 9 lakh penalty on BGR Energy Systems for disclosure lapses")
Sebi issues performance evaluation guidelines for market infra institutions
The first independent evaluation will cover the financial year 2024-25, with the report due by September 30, 2025, subsequent evaluations will follow every three years
 "Sebi issues performance evaluation guidelines for market infra institutions")
Sebi must name those profiteering at expense of small traders: Rahul
Gandhi, who is the leader of the Opposition in the Lok Sabha, said on X, "Uncontrolled F&O trading has grown 45X in 5 years. 90% of small investors have lost ?1.8 lakh Cr in 3 years"
 "Sebi must name those profiteering at expense of small traders: Rahul")
Over 93% retail traders lost money in F&O in three years, says Sebi
Over Rs 1.8 trillion losses in F&O between FY22 and FY24; 75% continued trading despite consecutive losses
 "Over 93% retail traders lost money in F&O in three years, says Sebi")
InGovern raises concern over AGM delay; Religare calls report manipulative
Delay is particularly significant because REL executive chairperson Rashmi Saluja was due for re-appointment as she will retire by rotation at the originally scheduled AGM in September, report said
 "InGovern raises concern over AGM delay; Religare calls report manipulative")
Supreme Court refuses relief on valuation probe against Linde India
Sebi had directed NSE to carry out the valuation of the business by the company
 "Supreme Court refuses relief on valuation probe against Linde India")
Sebi imposes Rs 1 cr fine on Anmol Ambani in Reliance Home Finance case
The order came after Sebi, in August, barred Anil Ambani and 24 others from the securities market for five years in a case pertaining to diversion of Reliance Home Finance Ltd's funds
 "Sebi imposes Rs 1 cr fine on Anmol Ambani in Reliance Home Finance case")
India's retail derivatives traders lost Rs 1.8 trn in three years: Sebi
In fiscal year 2024, 91.1% of retail traders made losses while trading in derivatives, with gross losses totalling 524 billion rupees, the study showed
 "India's retail derivatives traders lost Rs 1.8 trn in three years: Sebi")
Casagrand Premier Builder files papers with Sebi for Rs 1,100-cr IPO
Going by the draft papers filed last week, proceeds from the fresh issue will be used for payment of debt availed of by the company and its subsidiaries as well as for general corporate purposes
 "Casagrand Premier Builder files papers with Sebi for Rs 1,100-cr IPO")
Upcoming IPO! Casagrand Premier files DRHP for Rs 1,100-cr issue with Sebi
KFin Technologies is the registrar to the offer, while JM Financial and Motilal Oswal Investment Advisors are the book-running lead managers to the issue
 "Upcoming IPO! Casagrand Premier files DRHP for Rs 1,100-cr issue with Sebi")