Page 23 - Sebi Norms

Sebi permits up to 100% NRI contribution for FPIs based out of GIFT IFSC

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

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Jio Financial, Zomato, and Trent could replace LTIMindtree and Divi's Laboratories

Sebi tweaks criteria for inclusion, deletion of stocks from F&O segment

The move could lead to the addition and deletion of about two dozen stocks

Sebi announces norms to restrict finance influencers' recommendations

This ensures that mutual funds, stock brokers, research analysts, or registered investment advisors do not associate with finfluencers

Sebi probing market expert Sanjiv Bhasin for alleged manipulation

The investigation of Bhasin follows Sebi's earlier orders on several market experts who gave stock recommendations on television

Sebi offers flexibility, relaxes 'trading plan' norms for insiders

These insiders have to give a 'trading plan' specifying the share price, amount, and transaction date in advance

Sebi forms 15-member working group to review derivative trading norms

The working group has representatives from the market ecosystem, such as the exchanges, brokers, and academicians

Regulator notices citing 'lapses' received by group 'trivial': Adani CFO

Led by billionaire Gautam Adani, the group has faced regulatory challenges in India since a report by short seller Hindenburg Research in January 2023

Board meeting: Sebi tweak AIF valuations, investment advisor norms

Changes to MF overseas investment framework, ESG disclosures also on the cards at Thursday's board meet

Sebi roll backs diktat on annulment of special rights to PE players

Special rights will now be cancelled at the time of listing instead of at the time of filing offer document

Elcid Investments settles disclosure lapses case with Sebi, pays Rs 17.3L

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

Pilani, Vardhman: Here's why shares of Holding firms rallied up to 20%

Market regulator, the Sebi on Thursday announced a framework for special call auctions with no price bands for price discovery of investment holding companies.

Who is Sandeep Tandon, what is front running? All about Quant Mutual Fund

Sebi is reportedly investigating charges of front running at Sandeep Tandon-owned Quant Mutual Fund.

Market regulator Sebi's price discovery framework puts shade on holdcos

Select holding companies rally on optimism around value unlocking

Investors beware! Four risks that can trigger a stock market correction

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

Sebi tightens norms for IPO price discovery to curb manipulation

Introduces critical tweak to weed out fake orders during call auction

Sebi issues guidelines for system audit of professional clearing members

Markets regulator Sebi on Thursday put in place the framework for system audit of professional clearing members (PCMs), directing them to submit information with regard to major and minor non-compliances in such system. The framework will come into force with immediate effect and the first audit will be conducted for FY24, Securities and Exchange Board of India (Sebi) said in a circular. All clearing corporations (CCs) have been directed to jointly establish a uniform penalty structure for PCMs to ensure timely submission of system audit reports and closure of audit observations. In its circular, Sebi said the audit of PCMs will be conducted according to the norms, terms of reference (TOR) and guidelines issued by Sebi or clearing corporations (CCs). They will select the auditors based on the prescribed auditor selection norms and TOR and the governing board of the PCMs will approve the appointment of the auditors. An auditor can perform a maximum of three successive audits. Howe

Market regulator Sebi introduces framework for holdco price discovery

First special call auction to be conducted in October

Sebi plans tweaks in derivative trading rules to curtail options trading

The new rules could include higher margins for options contracts and more detailed disclosures

TMC MPs meet Sebi officials, seek probe into stock market 'manipulation'

A delegation of Trinamool Congress MPs met officials of the Securities and Exchange Board of India (SEBI) here on Tuesday and demanded a probe into the alleged stock market manipulation following exit polls earlier this month. The delegation, comprising TMC MPs Kalyan Banerjee, Sagarika Ghose and Saket Gokhale, was joined by Shiv Sena (UBT) MP Arvind Sawant and former NCP (SP) MLC Vidya Chavan. Notably, Congress MP Rahul Gandhi had alleged that Prime Minister Narendra Modi and Union Home Minister Amit Shah were "directly involved" in what he described as the "biggest stock market scam" with retail investors losing Rs 30 lakh crore due to the market crashing after the Lok Sabha poll result earlier this month. The BJP has dismissed his charges as "baseless". West Bengal Chief Minister and Trinamool Congress (TMC) head Mamata Banerjee has demanded an investigation into how stock markets were "manipulated by using fake exit polls". After the meeting, Kalyan Banerjee told reporters, SE