Additionally, the new provisions have been proposed to outline debenture trustees' (DT) rights and responsibilities, aligning with their fiduciary duties and obligations
The move is aimed at facilitating ease of investment in overseas MF/UTs, bringing transparency in the manner of investment, and enabling MFs to diversify their overseas investments
Cautioning investors, Sebi asked them not to engage with or undertake investment or trading activities through un-registered intermediaries / web applications / platforms / apps
Sebi has proposed several measures to strengthen the securitization framework in India.
Capital markets regulator Sebi has slapped a fine of Rs 50 lakh on promoter and former MD of Eros International Media Sunil Arjan Lulla in a case related to the violation of regulatory norms.
Additionally, the regulator has suggested that all securitized debt instruments should be issued and transferred exclusively in demat form
Currently, all NRC members for REITs and InvITs must be independent directors. The proposal allows a mix of independent and non-executive directors, similar to listed companies
The settlement order came after the applicants -- UPL and Jaidev Rajnikant Shroff -- proposed to settle the instant proceeding through a settlement order
Brigade Hotel Ventures Limited is a wholly owned subsidiary of Brigade Enterprises, a real estate developer with a total market cap of over Rs 28,700 crore
Revision to allow ERPs to rate unlisted securities and exempt them from disclosing ESG ratings to stock exchanges
Regulator proposes that companies failing to meet deployment deadlines without seeking an extension be barred from launching new schemes
ERPs should ensure that rated entities, their group companies, or associates cannot subscribe to their own ESG ratings, Sebi said in its consultation paper
The Mumbai-based company was part of a special price discovery exercise conducted by the stock exchange on Monday
The regulator has warned these entities for attachment of assets and bank accounts if they fail to make the payment within 15 days
The proposals aim to simplify regulations, promote transparency, and improve ease of doing business for SM REITs
Move to address concerns around AMCs losing first-mover advantage due to public disclosure
According to a statement, the company through its wholly-owned step-down subsidiary EFC REIT has obtained Sebi registration for EMBERSTONE SM REIT as an SM REIT
This came after the applicant proposed to settle the case through a settlement order "without admitting or denying the findings of fact and conclusions of law"
The regulator levied a fine of Rs 12 lakh each on the 17 entities and the amount needs to be paid within 45 days, according to Sebi's order