Sebi

Sebi widens auditor pool for investment advisers, research analysts

Regulator allows cost accountants to conduct compliance audits, easing capacity constraints and expanding flexibility for investment advisers and research analysts

Sebi proposes IT resilience index for market infrastructure institutions

Regulator seeks to standardise metrics and strengthen oversight of critical IT systems across market infrastructure institutions, including exchanges and depositories

Soon, you may be able to gift mutual funds like vouchers- Sebi proposal

Under the proposal, the purchaser of Gift PPI can gift the prepaid payment instrument to a recipient, who can then use the instrument to subscribe to mutual fund units, Sebi said

Govt appoints Kompella Venkata Ramana Murty as Sebi whole-time member

March 24 (Reuters) - India has ​appointed ompella ​Venkata Ramana ‌Murty as whole-time member of market egulator Securities & Exchange Board of India ‌for a period of three years, a government otice showed late ​on uesday.

Sebi mulls allowing gift cards, prepaid instruments to invest in MFs

Markets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion through onboarding of new investors in the space. Under the proposal, the purchaser of Gift PPI can gift the prepaid payment instrument to a recipient, who can then use the instrument to subscribe to mutual fund units, Sebi said in its consultation paper. These PPIs will be funded only through electronic bank transfer or UPI from an Indian bank account with a validity period of one year from date of issuance. Sebi suggested a cap of Rs 50,000 per investor per financial year for investments made through gift PPIs. "The RTAs, on behalf of AMCs will track how much each investor has invested per AMC per financial year through Gift PPI, e-wallets and cash. If the transaction resulting from a Gift PPI redemption crosses Rs 50,000, the RTA will reject the transaction, and the PPI face value will be refunded to the issue

57% of investment advisors based in five metro cities, shows data

Securities and Exchange Board of India flags a shrinking, metro-centric advisor base, raising concerns over financial inclusion and rising influence of unregulated finfluencers

Sebi to look into HDFC board meeting's minutes after chairman's exit

Sebi will review HDFC Bank board minutes after chairman Atanu Chakraborty's exit, with its chief cautioning independent directors against unsubstantiated remarks

Sebi approves tighter conflict-of-interest and disclosure framework

New investments in pooled vehicles will be permitted, provided they are professionally managed by regulated market intermediaries

India's hidden credit constraints: Issue lies in pricing, regulation

Data from the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), and the World Bank suggests that India is a global outlier in the relative size of our credit markets

SC tells Sebi to respond to Sandesara plea in Sterling Biotech case

The SC bench observed that its primary concern was the recovery of funds, stating that it was interested in money coming back to India, as this would benefit banks

HDFC Bank: Sebi chief says independent directors must act responsibly

Days after the surprise resignation of HDFC Bank non-executive chairman Atanu Chakraborty, capital markets regulator Sebi's chairman Tuhin Kanta Pandey on Monday said independent directors are expected to act responsibly and not make any insinuations. In the comments that come in response to the executive chairman leaving the largest private sector lender, citing concerns on ethics and values, Pandey reminded of the responsibilities of independent directors like Chakraborty. It can be noted that the resignation had led to a sharp correction in the HDFC Bank scrip, as investors became concerned. The independent directors are required to be protectors of the interests of minority shareholders and should act "responsibly", Pandey told reporters here. "No one is expected to make insinuations without proper evidence and recordings," Pandey told reporters in the customary post-board meet interaction. Reading out from statutes, he said there is a system in place to deal with independent

Sebi board clears steps to ease doing business in REITs, InvITs, and AIFs

Sebi board clears FPI settlement norms; approves recommendations on conflict of interest

Sebi eases reporting norms for brokers, reduces compliance burden

Sebi has relaxed reporting requirements for brokers and depository participants, allowing selective account reporting and simplifying demat disclosure norms

Sebi amends norms to make IPO disclosures accessible, investor-friendly

Markets regulator Sebi has introduced a concise and standardised summary of offer documents in the form of a draft abridged prospectus, a move aimed at making IPO disclosures more accessible and investor-friendly. IPO-bound companies will now be required to submit this abridged prospectus alongside their detailed offer documents. The regulator said the document will present key information including the company's business model, financials, promoters, risks, and key performance indicators in a simplified and easy-to-understand format. "Draft abridged prospectus ... shall be submitted along with the updated draft red herring prospectus-I, and shall be hosted on the websites of the issuer, the Board, stock exchanges where specified securities are proposed to be listed and lead manager(s) associated with the issue," Sebi said in a notification dated March 16. The abridged prospectus will be made available on the websites of issuers, stock exchanges, and lead managers to ensure easier

EPC player Trenzet Infra files papers with Sebi to raise funds via IPO

Railway-focused EPC player Trenzet Infra Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of 1.05 crore shares and an offer for sale (OFS) of 18 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Friday. The Andhra Pradesh-based company proposes to utilise proceeds from the fresh issue to support its working capital requirements, purchase of construction vehicles and equipment, and for general corporate purposes. Trenzet Infra is a railway-focused EPC player with execution capabilities across bridges, earthworks, structural works, track development, and select electrification and signalling works for railway and allied infrastructure projects. Its service portfolio involves construction of road over bridges, road under bridges, girder bridges, viaducts, flyovers, reinforced earth walls, and buildings, along with executi

Sebi board to consider FPI settlement norms, intermediary reforms on Monday

Markets regulator Sebi board is set to meet on Monday to deliberate on a wide-ranging agenda, including a proposal to ease fund settlement norms for foreign portfolio investors (FPIs), and changes to regulatory frameworks for market intermediaries, people familiar with the matter said. A key item on the agenda is a proposal to allow Foreign Portfolio Investors (FPIs) to net funds for same-day cash market trades, instead of settling each trade individually. Under the existing framework, an FPI needs to settle equity cash market trades on a gross basis, funding each purchase transaction independently of any sale transactions, even on the same day. Sebi has proposed permitting "netting of funds", which would allow FPIs to use proceeds from same-day sales to offset purchase obligations, thereby requiring them to meet only the net payable amount. The move is aimed at enhancing operational efficiency and reducing the cost of funding for them, especially on index rebalancing days. Also, i

JP Morgan Chase Bank NA settles Sebi case for ₹34.42 lakh over FPI lapses

Bank settles Sebi case over alleged violations of FPI regulations, including licensing and registration lapses, without admitting or denying findings

Valuation 'attractive' for FPIs to invest in India, says Sebi WTM Varshney

Sebi WTM Kamlesh Chandra Varshney says recent market correction has made Indian equities attractive for FPIs, while highlighting opportunities for Russian firms to raise capital and list locally

Sebi may allow netting of funds for FPIs in March 23 board meeting

Relaxations for REITs and InvITs, and intermediaries on 'fit and proper' criteria also on the agenda

Market correction offers tremendous opportunity for FPIs, says Sebi

Equity market corrections following the Middle East conflict present a "tremendous opportunity" for foreign portfolio investors to up their bets in India, a senior Sebi official said on Thursday. Kamlesh Chandra Varshney, a whole-time member at the capital markets regulator, said the Indian capital market is "quite attractive" now and presents a good opportunity to investors registered as FPIs. "There is a tremendous opportunity to invest in the Indian equity market with the kind of direction which has taken place now in the last few months, particularly after the war that has broken out," he said, speaking at a Russia-India forum for integration of capital markets here. FPIs continue to be net sellers in the Indian markets in FY26, and in the first 12 days of March alone, there has been a sell-off of over Rs 77,000 crore by them, as per reports. Speaking at the event, Varshney assured all help to facilitate Russian investments into the country and also proposed setting up working