Page 2 - Sebi Norms

Master Capital Services gets Sebi nod to launch its mutual fund business

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

India's investor base could double in 3-5 years, says Sebi chairman

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

Sebi board to take up conflict of interest panel report on December 17

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

Sebi proposes IPO rule tweaks with lock-in fix, simpler disclosure format

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

Sebi plans sweeping reforms to woo foreign investors: Tuhin Kanta Pandey

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

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

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

BNP Paribas pays ₹3,997,000 to settle FPI rule violation case with Sebi

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

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