Page 2 - Sebi Norms

Sebi expert group on conflict of interest submits its report to chairman

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

Sebi to review short selling, SLB frameworks: Tuhin Kanta Pandey

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 ..

MFs turn to covered call strategy to squeeze out gains in flat market

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

Sebi proposes wider certification framework for market professionals

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

Meesho, Shiprocket among 7 companies to get Sebi nod to launch IPOs

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.

Sebi launches recruitment drive for 110 Grade A officer positions

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

Sebi bars Gretex from merchant banking for 21 days over IPO lapse

Gretex failed to verify and disclose that nearly 40 per cent of the IPO proceeds were proposed to be used as a deposit for renting an office premises that was still under construction

Sebi permits IAs to offer paid second opinion to client on assets

The move is aimed at making business easier for IAs and giving investors more flexibility to seek professional opinions

Sebi extends timeline for QSBs to implement optional T+0 settlement cycle

Capital markets regulator Sebi on Thursday decided to extend the timeline for Qualified Stock Brokers (QSBs) for putting in place the necessary systems for implementation of optional T+0 settlement cycle. Further guidance with regard to the same would be intimated at a later date, the Securities and Exchange Board of India (Sebi) said in its circular. This came after Sebi considered the challenges highlighted by QSBs in ensuring timely readiness of systems by November 1 and had requested to extend the same for ensuring smooth implementation. In April, Sebi had extended the timeline for implementation of the optional T+0 rolling settlement cycle for QSBs to November 1. Before this, the deadline was May 1. "Considering the challenges highlighted by QSBs in ensuring timely readiness of systems on or before November 1, 2025 and request to extend the same for ensuring smooth implementation, it has been decided to extend the timeline for QSBs for putting in place the necessary systems an

Sebi mulls incentives for select investors in debt public issues

Issuers may offer higher coupon rates or price discounts to retail, women, senior citizens, and armed forces personnel under Sebi's proposal to deepen market participation

Milky Mist gets Sebi nod for ₹2,035 crore IPO, largest in dairy sector

The Tamil Nadu-based dairy brand plans to use IPO proceeds for debt repayment, expansion of its Perundurai plant, and strengthening its premium FMCG portfolio

Sebi bars MFs from pre-IPO placements, allows only anchor investments

Cautions on risks of holding unlisted shares if listing fails

Sebi bans First Overseas Capital for 2 years, imposes ₹20 lakh penalty

The i-banker has also been banned from taking any new mandate for IPOs, arrangements, or corporate advisory for two years

Mutual funds seek Sebi nod for global expansion, wider business play

Industry wants flexibility to expand globally, enter allied segments like wealth mgmt, advisory

Sebi proposes easing transfer, demat norms for pre-2019 securities

Sebi proposes fresh window for transfer of pre-2019 physical securities and plans to scrap the Letter of Confirmation system to simplify demat procedures for investors

Calcutta Stock Exchange may mark its last Diwali ahead of voluntary exit

With Sebi reviewing its voluntary exit application, the 117-year-old Calcutta Stock Exchange is preparing for its final Diwali as a bourse before transforming into a holding firm

Om Power Transmission files draft papers with Sebi for IPO launch

Om Power Transmission Ltd has filed draft papers with market regulator SEBI to mobilise funds through an initial public offering (IPO). The IPO comprises a fresh issue of 90 lakh shares and an offer-for-sale of 10 lakh shares by promoters, according to the draft red herring prospectus filed with Sebi. Proceeds from the fresh issue will be deployed for funding capital expenditure requirements towards the purchase of machinery and equipment, pre-payment or repayment, in part or full, of certain outstanding borrowings, funding long-term working capital requirements, and for general corporate purposes. Ahmedabad-based Om Power Transmission is engaged in executing high-voltage (HV) and extra-high voltage (EHV) transmission lines, substations, and underground cabling projects, and providing comprehensive operation and maintenance (O&M) services. The company has commissioned over 1,000 circuit kilometres (CKM) of transmission lines and 11 substations, with more than 450 CKM of lines and .

Insider trading in IEX stock: Sebi investigation traverses new ground

The ₹173-crore order stands out as Sebi's largest and fastest insider trading enforcement, potentially widening scrutiny to senior CERC officials over policy-linked leaks

Trustees must act fearlessly, build guardrails for MF industry: Sebi chief

Tuhin Kanta Pandey urges mutual fund trustees to set up early warning systems, strengthen oversight, and avoid passive compliance to protect investors

Tata Capital ends flat on market debut after ₹15,512 crore mega IPO

Tata Capital closes near issue price at Rs 331.1 after debut on NSE; analysts call valuation fair as investors weigh growth prospects and sector competition