Page 3 - Sebi Norms

Pay safe, invest smart: Sebi's new @Valid UPI handles protect your money

The new facility will allow UPI IDs of Sebi-registered investor-facing intermediaries to carry the exclusive "@valid" handle with category-specific suffixes

Risk-averse India: Only 1 in 10 invest in securities despite awareness

Sebi highlighted that 22 per cent of non-investors aware of securities products intend to invest within the next year.

Sebi ban over fund diversion drags Man Industries shares down 10%

Shares of Man Industries plunged over 10 per cent after Sebi barred the company and three top executives, including the chairman and MD, over alleged fund diversion

Sebi's Valid UPI rollout faces hurdles as advisors struggle with handles

Sebi's new Valid UPI initiative, effective October 1, has hit hurdles as many research analysts and investment advisors face mismatches and bank delays in securing handles

Cash market activity will revive as confidence builds: Pranav Haridasan

Brokers must differentiate through advisory, technology, and customer experience rather than relying solely on pricing, MD and CEO of Axis Securities said

Sovereign wealth funds, pension players leave other FPIs blinking

Overall, FPI assets have grown 139.5% since August 2020, while sovereign wealth fund investments have grown 155.2%

SAT directs Sebi to share more documents in Axis front-running case

The Securities Appellate Tribunal has partly allowed Viresh Joshi's appeal, directing Sebi to share more documents in the Axis Mutual Fund front-running investigation

Sebi proposes regular updates of NAVs by AIFs in depository systems

To promote transparency in the Alternative Investment Fund (AIF) ecosystem, Sebi on Friday proposed that AIFs should regularly update the net asset value (NAVs) of their units in the depository system. In its draft circular, Sebi has "proposed to leverage upon the depository infrastructure such that AIFs may be required to maintain updated NAV of the units issued to investors based on valuation of their investments in the depository system". Further, Sebi proposed that AIFs or their Registrar and Transfer Agent (RTA) should upload the NAV of ISINs of all AIF units in the depository system, within 15 days of valuation of the investment portfolio. The valuation date will be taken as the date of the valuation report if done by an external valuer, and as the date it is recorded in the fund's internal records if done by an internal valuer. For existing schemes of AIFs, Sebi said that AIFs or their RTAs should upload the latest NAV of ISINs pertaining to all AIF units in the depository .

Sebi expands eligibility for NGOs to raise funds via social stock exchange

Markets regulator Sebi on Friday permitted more charitable entities to raise funds through the Social Stock Exchange (SSE), in a bid to broaden access to the platform. In its latest circular, the regulator has widened the definition of Not-for-Profit Organizations (NPOs) eligible to list on the SSE. Under this expanded framework, legal structures such as trusts registered under the Indian Registration Act, 1908, charitable societies registered under the relevant state's Societies Registration Act, and companies registered under section 25 of the erstwhile Companies Act, 1956, will now fall within the definition of NPOs. To ensure accountability, Sebi has also outlined the reporting requirements for such entities. In cases where an NPO is registered without listing any security, the Annual Impact Report (AIR) need to be self-reported. This report should highlight the NPO's significant activities, interventions, programmes, or projects during the year, along with an explanation of th

Equity tag for Reits likely to boost new launches, deepen market

New Sebi rule boosts Reits with equity status, promising deeper liquidity, index inclusion, and broader investor participation

Sebi board likely to meet on Friday to consider regulatory reforms

Markets watchdog Sebi's board is likely to discuss a raft of regulatory reforms during its upcoming meeting on Friday. These measures included relaxing the minimum IPO requirements for very large companies, and also extending the timeline for them to meet minimum public shareholding norms, sources said. Other key items on the agenda included simplifying compliance for foreign portfolio investors (FPIs), relaxing the regulation for accredited investors in certain alternative investment funds (AIFs), expanding the scope of rating agencies' activities, and granting equity status to REITs and InvITs, they added. Several of these proposals have already been floated for public consultation, indicating a broader push towards refining the regulatory landscape. This would mark the third board meeting under the chairmanship of Tuhin Kanta Pandey, who assumed office on March 1. The board may approve a proposal to encourage large issuers to pursue listings in India. Under the proposal, for .

FIA backs Sebi's glide path proposal for non-index derivative rules

For the BSE's Bankex index, FIA has said, a one-step realignment is justified because the gauge is not widely tracked by ETF and index-fund

Sebi revises InvITs norms, minimum investment slashed to ₹25 lakh

Markets regulator Sebi has notified rules to reduce the minimum allotment lot in the primary market for privately placed infrastructure investment trusts (InvITs) to Rs 25 lakh, aligning it with the trading lot size in the secondary market. Prior to this, the minimum allotment lot in the primary market for privately placed InvITs was Rs 1 crore or Rs 25 crore, depending on the asset mix. However, in an earlier round of reforms, the trading lot size in the secondary market had already been reduced to Rs 25 lakh, irrespective of the asset mix. Accordingly, this amendment introduces a uniform minimum allotment size of Rs 25 lakh in the primary market for all privately placed InvITs, harmonizing it with the secondary market norms. Also, the regulator, through separate notifications dated September 1, enhanced the ease of doing business for the activities of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) by amending rules. Under the norms, Sebi sai

Settlement dates for cash, SLBM segments revised amid consecutive holidays

The settlement cycle for cash, derivatives, and securities lending and borrowing mechanism (SLBM) segments has been revised after September 5 and September 8 were declared as settlement holidays by clearing corporations, markets regulator Sebi said on Monday. The decision has been taken in consultation with stock exchanges and clearing corporations, the Securities and Exchange Board of India (Sebi) said in a statement. "The settlement for the derivative segment for the 3 trade days viz. September 04, 2025 (Thursday), September 5, 2025 (Friday) and September 8, 2025 (Monday) will be undertaken on September 9, 2025 (Tuesday)," it said. For cash and SLBM segments, settlement for trades executed on September 4 and September 5 will also be carried out on September 9, while settlement for trades of September 8 and September 9 will be undertaken on September 10. Earlier, stock exchanges BSE and NSE had announced September 5 as a settlement holiday. However, after the Maharasthra governmen

Sebi chief urges banks to boost compliance to curb insider trading risks

Sebi Chairman Tuhin Kanta Pandey on Wednesday said following insider trading regulations is the moral responsibility of banks' management who also have to strengthen internal controls to detect and prevent such violations. "Insider trading risks thrive where controls are weak --where processes are unclear, responsibilities are undefined, and oversight is inconsistent," Pandey told managing directors and chief executives of listed banks, noting that weak controls remain the prime reason behind many frauds. This comes against the backdrop of Sebi issuing an interim order in June against few top brass of IndusInd Bank for violating insider trading norms. The regulator had found that few senior executives, including MD & CEO and deputy CEO allegedly traded in IndusInd Bank shares while in possession of unpublished price-sensitive information related to discrepancies in account balances of the bank's derivative portfolio. According to Pandey, a robust internal control framework ensures

Sebi issues new rules for monitoring intraday derivative positions

The new framework, which will take effect from October 1, sets an intraday net position limit of ₹5,000 crore per entity in index options, compared with an end-of-day limit of ₹1,500 crore

NSE, BSE impose ₹673,780 fine on MTNL for non-compliance of Sebi norms

The non-compliances of Mahanagar Telephone Nigam relate to its Board composition, including the absence of a woman director, and the improper constitution of key committees

Sebi relaxes IPO norms for large firms, steps up action on finfluencers

The Securities and Exchange Board of India (SEBI) on Tuesday said it is undertaking significant reforms to enhance market integrity, facilitate large initial public offerings (IPOs), and strengthen investor protection against manipulation and fraudulent practices. SEBI Whole-time Director Kamlesh Chandra Varshney said the regulator has floated a consultation paper proposing to extend the deadline for achieving 25 per cent public shareholding to 10 years for exceptionally large companies. Currently, companies must meet this requirement within five years of listing. This relaxation, he said, will make large IPOs such as that of the National Stock Exchange more feasible. Varshney added that SEBI is advising merchant bankers and anchor investors to adopt realistic and conservative valuations in IPOs to avoid post-listing price erosion that could dent retail investor confidence. SEBI is also intensifying its crackdown on unregistered investment advisors and financial influencers who ...

BoM plans ₹2,000 crore equity issue; govt stake to fall below 75%

Bank of Maharashtra will raise Rs 2,000 crore via equity issue by FY26 to meet SEBI's 75% public shareholding rule, reducing government stake from nearly 80%

Sebi proposes new closing auction framework for liquid derivative stocks

Markets regulator Sebi has proposed a new framework for the Closing Auction Session (CAS) in the equity cash market, starting with highly liquid derivative stocks to determine the closing prices of shares. The proposal, if implemented, is expected to reduce volatility, improve fairness, and make it easier for large and passive investors to execute trades. In its consultation paper, Sebi proposed that CAS would be applied in a phased manner, beginning with stocks available in the derivatives segment-- those with sufficient liquidity--and later extended to all stocks based on experience gained. A closing auction session is a short trading period held at the end of the day to determine the final price of a security. The regulator proposed that session will be held separately for 20 minutes, from 3:15 pm to 3:35 pm, unlike an earlier proposal that suggested conducting it after market hours, between 3:30 pm and 3:45 pm. The session would be divided into four phases --reference price .