Sebi's new rules and clarifications will aid market operations
Fourth largest IPO of 2024; company will use the proceeds to repay debt and for general corporate purposes
For founders, 'listing had become a no-exit' endeavor but with this framework 'both entry and exit will be possible and realistic', said Makarand Joshi, an industry expert
Market regulator Sebi tweaked the selection criteria for stocks to join and exit the derivatives (F&O) segment on Thursday, June 27
Markets regulator Sebi has allowed up to 100 per cent aggregate contribution by non-resident Indians, Overseas Citizens of India, Resident Indians in the corpus of FPIs that are based out of International Financial Services Centre (IFSC). The move is expected to enhance investment by Foreign Portfolio Investors (FPIs) in India. In a circular issued on Thursday, Sebi said it has amended FPI rules to "provide flexibility of having up to 100 per cent aggregate contribution by non-resident Indians (NRIs), Overseas Citizens of India (OCIs) and Resident Indians (RI) Individuals in the corpus of FPIs based in IFSCs in India and regulated by International Financial Services Centres Authority (IFSCA)". Over the years, there has been a consistent demand to channel more NRI and OCI investments into the Indian securities markets by enabling greater participation of NRIs and OCIs in FPI corpuses. In the July 2019 budget speech, Finance Minister Nirmala Sitharaman had also recognized that despit
Jio Financial, Zomato, and Trent could replace LTIMindtree and Divi's Laboratories
The move could lead to the addition and deletion of about two dozen stocks
This ensures that mutual funds, stock brokers, research analysts, or registered investment advisors do not associate with finfluencers
The investigation of Bhasin follows Sebi's earlier orders on several market experts who gave stock recommendations on television
These insiders have to give a 'trading plan' specifying the share price, amount, and transaction date in advance
The working group has representatives from the market ecosystem, such as the exchanges, brokers, and academicians
Led by billionaire Gautam Adani, the group has faced regulatory challenges in India since a report by short seller Hindenburg Research in January 2023
Changes to MF overseas investment framework, ESG disclosures also on the cards at Thursday's board meet
Special rights will now be cancelled at the time of listing instead of at the time of filing offer document
Elcid Investments Ltd has settled with markets regulator Sebi a case pertaining to failure to maintain a structured digital database and disclosure lapses after paying Rs 17.31 lakh towards settlement amount. This came after Elcid Investments filed an application with the Securities and Exchange Board of India (Sebi) requesting for settlement of the adjudication proceedings for the alleged violations through a settlement order. "The instant adjudication proceedings initiated against the applicant vide show cause notice... dated October 31, 2023 is disposed of," Sebi said in its settlement order. In its show cause notice, the regulator alleged that Elcid Investments failed to maintain a structured digital database during the investigation period. Also, it failed to disclose Jatin Saraiya's (part of the promoter group of Elcid Investments) joint shareholding of 50 shares with his spouse for the quarters ended on December 2021 to June 2022. This led to the alleged violations of inside
Market regulator, the Sebi on Thursday announced a framework for special call auctions with no price bands for price discovery of investment holding companies.
Sebi is reportedly investigating charges of front running at Sandeep Tandon-owned Quant Mutual Fund.
Select holding companies rally on optimism around value unlocking
The faith in the market is at epic levels and may require something equally epic to break the faith. High or even bubble valuations are irrelevant for non-institutional investors, said a KIE note
Introduces critical tweak to weed out fake orders during call auction