Sebi

Sebi fines SME firm Kalahridhaan Trendz, promoters over disclosure lapses

Capital markets regulator Sebi has levied fines totalling Rs 1 crore on Kalahridhaan Trendz and its promoters after finding that the SME company concealed a loan default and misled investors through false corporate announcements. Kalahridhaan Trendz Ltd (KTL) is in the business of manufacturing and trading of various types of fabrics and was listed on the NSE's SME platform Emerge. Sebi restrained KTL and its promoter and Managing Director Niranjan D Agarwal from the securities markets for two years. Directors Aditya N Agarwal and Sunitadevi Niranjan Agarwal have been prohibited for one year. In a 57-page final order on Thursday Sebi found that KTL failed to disclose its default in repayment of HDFC Bank credit card dues within the timeline mandated under the Listing Obligations and Disclosure Requirements (LODR) Regulations. The company admitted during the proceedings that the disclosure should have been made but attributed the lapse to an inadvertent omission. However, Sebi reje

Sebi clears NSE settlement in colo, dark-fibre cases ahead of IPO

Market regulator seeks an additional Rs 714.74 crore after an earlier deposit as the exchange clears a key hurdle ahead of its proposed IPO

How safe is it to accept finfluencers' investment recommendations?

If you wish to stay safe, stick to the minority that has a Sebi-registered investment adviser or research analyst licence

Veritas Finance files DRHP with Sebi for IPO; plans ₹900 crore issue

Chennai-based NBFC plans a Rs 900 crore fresh issue and an offer for sale of up to 1.28 crore shares to support future lending growth

Manipal Health subscribed 15%; Ardee Industries IPO to open on Aug 5

Manipal Health's Rs 9,275-crore IPO was subscribed 15% on Day 1, while Ardee Industries announced its IPO launch from August 5 and Beauty Garage filed draft papers with Sebi

10 research analysts lose Sebi registration over non-payment of renewal fee

Capital markets regulator Sebi has cancelled the registrations of 10 research analysts for failing to pay the mandatory renewal fee required to keep their certificates of registration in force. The action was taken under Sebi's Intermediaries Regulations, 2008, after the entities failed to renew their registrations despite being issued notices. The entities whose registrations have been cancelled include Imtiaz Rehman Merchant, Praveen Pathiyil, InGovern Research Services Pvt Ltd, Affluence Fincon Service Pvt Ltd, Priya Clyde Andrades and Praful Bohra, Sebi said in the order passed on Tuesday. Under Sebi norms, a registered research analyst is required to pay the renewal fee every five years from the date of registration to keep the certificate valid. However, the markets watchdog found that the 10 entities failed to pay the fees after their respective due dates, which ranged from July 2020 to December 2025. The Securities and Exchange Board of India (Sebi) had issued notices to t

Stock exchanges tighten OFS oversight, flag gaps in order placement

Stock exchanges have asked brokers to tighten controls over OFS transactions after identifying shortcomings in order placement, particularly for large-value institutional bids

33% finfluencers recommend stocks but only 6% are Sebi registered: Report

The report notes that a significant proportion of the 48 prominent Indian finfluencers analysed continue to fall short of disclosure and transparency standards

Knowledge Realty Trust posts 15% growth in Q1 FY27 NOI on strong leasing

The Blackstone- and Sattva-backed Reit reported higher leasing, improved occupancy and rental growth, while remaining optimistic about acquisitions and office demand

Trust key for market operations, says Sebi Chairman Tuhin Kanta Pandey

He emphasised on trust in terms of fairness, reliability on disclosures, and the confidence that everyone in the markets plays by the same rules

Derivative flexibility likely to open new product avenues for PMS

Proposals could help PMS better compete with AIFs and SIFs, say experts

Sebi's mutual fund only PMS

SEBI has proposed a new Mutual Fund-only Portfolio Management Service that could lower the minimum investment from ₹50 lakh to ₹25 lakh. Here's what's changing, why it matters, and what investors.

Parliamentary panel moots Securities Markets Code Bill preamble reset

A parliamentary panel has backed key changes to the Securities Markets Code Bill, strengthening investor protection while curbing excessive delegation of criminal powers

Street signs: IPO season peaks, 23,650-23,600 key support level for Nifty

July's IPO boom continues with Manipal Health, while investors track Nifty support levels, rising crude prices and Suzlon Energy's appeal against Sebi before SAT

Sebi bars Viresh Joshi from mkts for 7 years in Axis MF front-running case

Sebi bars former Axis Mutual Fund chief dealer Viresh Joshi for seven years and imposes a Rs 3 crore penalty in the final order on the front-running case

Parl panel bats for cryptocurrency statutory and regulatory framework

A parliamentary panel has urged the government to create a regulatory framework for cryptocurrencies, citing investor protection and risks from the current legal vacuum

Sebi eases security transmission rules, fast-track for low-value claims

Markets regulator Sebi on Thursday revised the security transmission framework by introducing a new fast-track mechanism for low-value claims and standardising documentation requirements to make the process efficient and investor-friendly. The framework introduces Quick Transmission Processing (QTP) and revises the monetary thresholds under the simplified documentation route. Under the new norms, the markets watchdog said QTP will apply to claims involving securities worth up to Rs 10,000 held in physical mode and Rs 30,000 for demat holdings. It also revised the threshold for transmission through simplified documentation to Rs 10 lakh for physical securities and Rs 30 lakh for demat holdings. In a circular issued on Thursday, Sebi said it has also standardised the documentation and procedures for transmission by removing the mandatory requirement of probate of a will in line with recent amendments to succession laws. It has replaced separate affidavits and no-objection certificat

Sebi moots MF-only PMS framework, lowers minimum investment to ₹25 lakh

In an overhaul of PMS regulations, Sebi also proposes expanding investment universe to to-be-listed, foreign securities

Sebi proposes reforms to online dispute resolution framework for markets

The regulator has proposed shifting dispute handling to market infrastructure institutions, reducing timelines and strengthening investor protection measures

Carnelian Asset Management gets MF licence; Nippon Life Q1 profit jumps 27%

Carnelian received Sebi's mutual fund licence, while Nippon Life India Asset Management reported a 27% rise in Q1 profit on strong AUM growth and higher revenue