Page 2 - Disclosures
Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers
Sebi said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the Facebook investment that led to a spike in RIL shares
 "Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers")
Elon Musk sued by Twitter investors for delayed disclosure of stake
The investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14
 "Elon Musk sued by Twitter investors for delayed disclosure of stake")
Disclosure norms on investments from neighbour nations tightened
This is alignment with the tweaked FDI policy of 2020 under the approval route to curb hostile takeovers
 "Disclosure norms on investments from neighbour nations tightened")
Sebi comes out with new disclosure format for abridged prospectus
Under the rules, every application form for the purchase of any securities of a company needs to be accompanied by an abridged prospectus
 "Sebi comes out with new disclosure format for abridged prospectus")
Sebi levies fine on Titan's employee for disclosure lapses
Markets regulator Sebi on Friday imposed monetary penalty on an employee of Titan Company Ltd for disclosure lapses, in violation of insider trading norms
Sebi to scrap few disclosure requirements for promoters on acquiring shares
The obligation for physical disclosures would be done away with effect from April 1, 2022
 "Sebi to scrap few disclosure requirements for promoters on acquiring shares")
Sebi chief Ajay Tyagi slams India Inc over poor disclosure standards
Tyagi says the market regulator is examining free float in listed companies
 "Sebi chief Ajay Tyagi slams India Inc over poor disclosure standards")
Amid inconsistencies, ESG rating framework not on Sebi's agenda, for now
Companies currently are inconsistent with comprehensive disclosures on ESG
 "Amid inconsistencies, ESG rating framework not on Sebi's agenda, for now")
India is the world's best market for portfolio disclosure, finds study
The report covering 26 markets across North America, Europe, Asia and Africa singled out Australia as a notable laggard
 "India is the world's best market for portfolio disclosure, finds study")
Non-Financial disclosures to dig deep into sustainable corporate practices
Experts have called some of these steps "pathbreaking" towards improving transparency in non-financial reporting which under new norms will become as exhaustive as financial reporting
 "Non-Financial disclosures to dig deep into sustainable corporate practices")
Disclosure lapses: Sebi puts stricter regulations for listed companies
Companies in violation of disclosure regulations will have to pay a penalty of Rs 20,000 per day till the date of compliance
 "Disclosure lapses: Sebi puts stricter regulations for listed companies")
Better disclosures with better understanding
The report highlighted that 63% of the companies in the sample did not disclose the manner in which they had conducted the annual evaluation of boards
 "Better disclosures with better understanding")
