Page 16 - Sebi

Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPO

As many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's approval to raise funds through initial public offerings (IPOs). Other companies that obtained approval are Horizon Industrial Parks, Surgiwear, Crystal Crop Protection and Hotel Polo Towers, an update with the markets regulator showed on Friday. These companies, which filed their preliminary IPO papers between October and February, obtained Sebi's observations during May 4-8. InSebi's parlance, obtaining observations is equivalent to securing approval to float a public offering. Zepto and Dhoot Transmission filed preliminary papers with Sebi in December and February, respectively, using a confidential route. According to people familiar with the development, Zepto is aiming to raise Rs 11,000 crore through its maiden public offering. If the listing goes through, Zepto will join its rivals Zomato and Swiggy, both of which are already listed on

Sebi allows 30-day lag for use of market data in educational content

Sebi on Friday revised rules to allow a uniform time lag of 30 days for sharing and using stock price data for educational and investor awareness activities to strike a balance between preventing misuse of market data and keeping educational content relevant. The new framework will be applicable from July 1, Sebi said in its circular. The markets regulator, in May 2024, had restricted the sharing of live market data by stock exchanges exclusively for trading and allied activities, allowing educational and awareness programmes to use such data only with a one-day lag to curb misuse. The framework was further tightened in January 2025, when the regulator stipulated that entities engaged solely in education could use market data only with a three-month lag. Under the existing system, educational institutes could access price data with a one-day delay for preparing content, but were permitted to use only three-month-old data while conducting classes or disseminating material through an

Indiabulls Real Estate entities settle matter with Sebi for ₹10.5 crore

Sebi settled proceedings against four entities linked to Indiabulls Real Estate after they collectively paid Rs 10.5 crore in a fund diversion case

Retail trading is becoming more disciplined, says Upstox CEO Ravi Kumar

Upstox CEO Ravi Kumar says retail investors are becoming more discerning and risk-aware, with trading behaviour shifting from momentum-driven bets to more disciplined strategies

Sebi discontinues investor risk reduction access platform for stock brokers

Market regulator Sebi on Thursday discontinued the Investor Risk Reduction Access (IRRA) platform for stock brokers with immediate effect, citing its redundancy amid stronger business continuity and cyber resilience frameworks in the securities market. The IRRA platform, operationalised on October 1, 2023, was designed to provide stock brokers with an alternative access point for trading during the disruption of trading services offered by them, the regulator said. However, Sebi noted that several technology-driven measures introduced over the past few years have significantly strengthened stock brokers' operational resilience. These measures include operationalisation of Business Continuity Planning and Disaster Recovery (BCP-DR) requirements, enhanced cyber security and cyber resilience frameworks, implementation of Market Security Operations Centre (M-SoC), and strengthening of the technical glitch framework. According to the regulator, stock brokers have also adopted significan

NSE developing in-house GenAI tools for compliance, operational efficiency

NSE is developing in-house generative AI tools for compliance, customer support and operational efficiency as it strengthens technology infrastructure and resilience

Sebi asks 'significant indices' providers to register within six months

Sebi has directed providers of 'significant indices' to register within six months under the Index Provider Regulations, while exempting certain RBI-notified benchmarks

Sebi approves Sanjay Shorey, Viral Mody as NSE executive directors

Sebi has approved the appointment of Sanjay Shorey and Viral Mody as executive directors at NSE under new governance norms for market infrastructure institutions

NSE pushes to file IPO papers by June 15, sets stage for 2026 listing

As part of pre-filing requirements, the exchange has convened an extraordinary general meeting on May 25 to seek shareholder approval for amendments to its articles of association.

NSE's Q4 FY26 results: Consolidated PAT rises 8% to ₹2,871 crore

NSE reports 8.3% rise in Q4FY26 consolidated profit to Rs 2,871 crore and sets aside Rs 84 crore provision for pending settlement applications with Sebi

Sebi flags risks on Mythos-like AI tools; forms task force, issues advisory

Market regulator warns of AI-driven cybersecurity risks, sets up task force and issues advisory urging regulated entities to strengthen safeguards, monitoring and coordination

Sebi proposes allowing OBPPs to offer IFSCA products, tax-saving bonds

Markets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by International Financial Services Centres Authority (IFSCA) and certain tax-saving bonds under the Income Tax Act. Currently, OBPPs can offer products or securities or services regulated by a financial sector regulator such as Sebi, Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (Irdai), and Pension Fund Regulatory and Development Authority (PFRDA) . However, there is no provision to permit OBPPs to offer products or securities or services that are regulated by IFSCA. "In view of the request made by IFSCA and to promote ease of doing business, it is proposed that OBPPs may be permitted to offer products or securities or services regulated by IFSCA, in compliance with applicable guidelines under the Foreign Exchange Management Act (FEMA), 1999, including Overseas Investment Rules and limits under the Liberalised ..

Sebi may allow OBPPs to offer Gift City products, tax-saving bonds

Market regulator proposes allowing online bond platforms to offer Gift City products and tax-saving bonds, while also easing compliance norms and seeking public feedback on the changes

Sebi flags GST hurdles in commodity market, seeks IGST mechanism

The market regulator will also soon issue advisory on risks emanating from AI models such as Mythos, says chairman Tuhin Kanta Pandey

Sebi proposes changes to SDI regulations to align with RBI directions

The proposals follow feedback highlighting differences between Sebi's regulations and RBI guidelines, particularly for securitisation transactions originated by RBI-regulated entities

RBI, Irdai not inclined to allow investments in commodity derivatives: Sebi

Sebi chairman Tuhin Kanta Pandey said banking and insurance regulators have valid concerns, while the market regulator plans an advisory on risks from AI-led models like Mythos

RBI, Irdai not inclined to allow commodity derivative investments: Sebi

Sebi Chairman stated that pension fund regulator had also looked at allowing pension funds to invest in commodity derivatives, but ​did not disclose whether it had made a decision

Sebi to soon issue advisory to market intermediaries on emerging AI risks

The ​Securities and Exchange Board ‌of ​India is ‌in touch with stakeholders ‌on AI-related ‌threats

Mutual funds turned cautious in April despite strong investor inflows

Mutual funds sharply reduce equity purchases in April despite steady inflows, as fund managers adopt a cautious approach amid market rebound and geopolitical uncertainties

Sebi clears IPOs of Hindustan Labs, RK Steel Manufacturing Co Ltd

Generic drug maker Hindustan Laboratories and steel tubes and pipes manufacturer RK Steel Manufacturing Company have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Thursday. The two companies, which filed their preliminary IPO papers in September, obtained Sebi's observations on April 27. In Sebi's parlance, obtaining observations is equivalent to securing approval to float a public offering. Hindustan Laboratories' maiden public offering comprises a fresh issue of 50 lakh shares, along with an offer for sale (OFS) of 91 lakh shares by the promoter, according to the draft red herring prospectus (DRHP). The company proposes to utilise IPO proceeds for funding the working capital requirements and general corporate purposes. Hindustan Laboratories is an Indian pharmaceutical company primarily engaged in the large-scale manufacturing and supply of generic medicines to government institutions under a ...