Sebi Norms

Sebi has barred Avadhut Sathe Trading Academy and impounded Rs 546 crore, alleging the outfit offered unregistered stock advice under the guise of education and misled participants

Markets regulator Sebi has made it easier for low risk foreign investors to participate in the Indian securities market with the introduction of a single window access, a move aimed at simplifying compliance and enhancing the country's attractiveness as an investment destination. The new framework -- Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI) -- would provide easier investment access to low risk foreign investors, enable a unified registration process across multiple investment routes and reduce repeated compliance and documentation for such entities. The low risk foreign investors identified by Sebi include government-owned funds, central banks, sovereign wealth funds, multilateral entities, highly regulated public retail funds, and appropriately regulated insurance companies, as well as pension funds. According to two separate notifications dated December 1, Sebi introduced the SWAGAT-FI framework for FPIs and Foreign Venture Capital ..

Markets regulator Sebi is looking to rationalise and simplify the offer document summary to encourage informed investor feedback and reduce reliance on unverified tips, its chairman Tuhin Kanta Pandey said on Monday. This move will also dispense with the Abridged Prospectus, thereby easing compliance requirements for issuers, he added. At present, offer documents are typically voluminous and packed with detailed disclosures across various aspects of an issuer company. To address this, Pandey had stated last month that the contents of the offer document summary for IPO-bound companies would be further streamlined to make them more accessible and useful for investors. Addressing the CII Southern Region in Chennai, Pandey reiterated this stance, noting, "We are proposing to rationalise and simplify the Offer Document Summary, to be made available separately to investors, encouraging informed feedback and reducing reliance on unverified tips". Additionally, he said a comprehensive rev

Sebi on Friday proposed that all regulated entities and their agents should prominently display registered name and registration number on the home page of their social media platforms. This proposal comes after the regulator observed the growing need to clearly distinguish content uploaded by Sebi-regulated persons from material posted by unregistered individuals on social media. According to Sebi, such differentiation is essential to prevent investors from being misled. Further, while publishing videos or any other content on social-media platforms (SMPs), regulated entities should ensure that their material does not include anything prohibited under law or anything that may harm investors' interests, Sebi suggested in its consultation paper. "All persons regulated by the Board and their agents (mutual fund distributors, distributors of portfolio management services, etc) shall prominently disclose their registered name and registration number on the home page of their social med

In a bid to ease investor compliance and eliminate inconsistencies in documentation, Sebi has proposed doubling the monetary threshold for simplified documentation required to issue duplicate securities to Rs 10 lakh from the current Rs 5 lakh. "Due to non-standardization of documents and different approaches followed by RTAs/listed companies, investors feel the pain of going for varied documentation for various listed companies," Sebi noted. The regulator also noted that the existing Rs 5 lakh threshold for availing simplified documentation, where investors are exempted from filing copies of FIRs, police complaints, court orders or newspaper advertisements, was set several years ago. Since then, India's securities market has grown significantly in terms of market capitalisation, investor participation, and average portfolio sizes. Given this expansion, Sebi noted that the value of individual security holdings has risen materially. As a result, retaining the earlier limit no longer

By reworking rules for illiquid and non-tradable securities, Sebi hopes to make demat accounts cheaper and fairer for first-time and small investors.

Sebi chairman Tuhin Kanta Pandey on Friday clarified that the markets regulator is not looking to regulate 'digital gold' or 'e-gold' products as these do not fall under its purview. Speaking on the sidelines of the National Conclave on REITs and InvITs-2025, Pandey said that regulated gold-related investments can be made through exchange-traded funds (ETFs) offered by mutual funds or through other tradable gold securities. The clarification came days after the digital gold industry urged the Securities and Exchange Board of India (Sebi) to bring digital gold platforms under formal regulation. Earlier this month, Sebi had warned investors against investing in digital or e-gold products, saying such instruments fall outside its regulatory framework and involve significant risks. The cautionary statement came after Sebi observed that some online platforms have been promoting digital gold' or e-gold' products as an easy alternative to investing in physical gold. "In this context, it

Master Capital Services on Monday said it has received in-principle approval from markets regulator Sebi to sponsor a mutual fund. The approval allows the company to take additional regulatory steps necessary to form an Asset Management Company (AMC) and launch mutual fund schemes, subject to fulfilling Sebi's final registration requirements. "The proposed mutual fund business will create a variety of equity, hybrid, and multi-asset schemes, which are meant for different types of investors," Master Capital Services, a subsidiary of Master Trust, said in a statement. In terms of investment approach, it will involve a combination of quantitative investment methodologies with a bottom-up approach engineered to generate superior risk-adjusted returns over time, the statement noted. This comes at a time when the Indian mutual fund industry has entered a new era of growth, with assets under management reaching over Rs 75 lakh crore mark. Master Trust is a leading financial services grou

Sebi chief says India could see its investor base double in three to five years, backed by strong economic fundamentals, rising household participation and a regulatory push for safer market access

Pandey says new disclosure rules for Sebi staff and board aim to boost trust

Sebi has proposed amendments to tackle lock-in issues for pledged pre-IPO shares and replace the abridged prospectus with simpler offer document summary to help retail investors make informed decision

The moves come in a year when foreign investors have pulled out nearly $17 billion from Indian equities and the economy faces pressure from high tariffs

A Sebi committee led by former vigilance chief Pratyush Sinha has proposed mandatory asset disclosures, tighter investment rules, and an ethics oversight system for top officials to prevent conflicts

Paris-based financial services firm BNP Paribas on Tuesday settled with market regulator Sebi a case of alleged violation of foreign portfolio investors rule after paying Rs 39.97 lakh towards settlement charges. The noticee (BNP Paribas) filed settlement application proposing to settle the instant proceedings initiated against them vide show cause notice dated on February 25, 2025, without "admitting or denying the findings of facts and conclusions of law", Sebi said. The settlement order came after the Securities and Exchange Board of India (Sebi) initiated adjudication proceedings in respect of BNP Paribas for the alleged violation of FPI (Foreign Portfolio Investors) rules. Thereafter, a show cause notice (SCN) was issued by the markets watchdog Sebi on February 25, 2025 for the alleged violation of rules. Subsequently, BNP Paribas filed revised settlement terms which was approved by Sebi and paid the amount. "In view... the instant adjudication proceedings initiated against t

The development marks a potential step towards tightening governance norms at the regulator. The report was handed over at Sebi Bhavan in Mumbai on November 10, Sebi said in a press release

Markets regulator Sebi will soon set up a working group to undertake a comprehensive review of short selling and the Securities Lending and Borrowing (SLB) frameworks, its Chairman Tuhin Kanta Pandey said on Friday. The framework for short selling, introduced in 2007, has largely remained unchanged since its inception. Similarly, the SLB mechanism, rolled out in 2008 and modified a few times since, continues to be underdeveloped compared to global markets, highlighting the need for a thorough reassessment. Explaining the move, Pandey said, "We will soon form a working group to comprehensively review short selling and the SLB frameworks," while speaking at the CNBC-TV18 Global Leadership Summit. Under the SLB mechanism, investors or institutions holding shares in their demat accounts can lend them to other market participants for a fee. The transaction is executed through the stock exchange platform, with the clearing corporation providing a counter-guarantee to ensure smooth and ..

Restricted in 2010, the regulator allowed writing options under covered calls in 2019

Sebi proposes major revamp of its certification framework, widening eligibility, introducing long-term NISM courses, and tightening exemptions to curb misuse

As many as seven companies, including Softbank-backed e-commerce firm Meesho and Temasek-backed e-commerce enablement platform Shiprocket, have secured Sebi's approval to raise funds through initial public offerings (IPO), an update with the markets regulator showed on Monday. Others that received regulatory approval are Rajputana Stainless, Skyways Air Services, German Green Steel and Power, Allied Engineering Works, and Manika Plastech. All seven companies, which filed their preliminary IPO papers with Sebi between May and July, obtained its observations during October 14 to 31, the update showed. In regulatory terms, Sebi's observation is equivalent to clearance for launching a public issue. The approval comes at a time when the Indian market is experiencing a boom in primary market activity. Meesho's proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 4,250 crore and an offer for sale (OFS) of 17.57 crore equity shares by certain existing shareholders.

Capital markets regulator Sebi has launched a recruitment drive, inviting applications for 110 senior-level positions across various streams. The move would beef up headcount at the Securities and Exchange Board of India (Sebi) to meet emerging challenges and evolving responsibilities, particularly those related to an expanding marketplace and mitigation of investment-related frauds. In its notice on Thursday, Sebi has invited applications from Indian citizens for the post of Officer Grade A (Assistant Manager) for the general, legal, information technology, research, official language, and engineering streams. There are 56 posts in the General stream, 22 for Information Technology, 20 for Legal, 4 for Research, 3 for Official Language, 2 for Engineering (Electrical) and 3 for Engineering (Civil). Candidates can apply for the posts through online mode till November 28. The selection process will comprise a three-stage process two online examinations followed by an interview. In