The initial public offering (IPO) of KSH International, a manufacturer of magnet winding wires, garnered only 83 per cent subscription thanks to a reduction in the offer-for-sale (OFS) component
The lower-than-planned cuts and the removal of the overhang of impending changes to the fee structure that had persisted over the past two years led to a rally in stocks of AMCs and allied sectors
In an order issued on December 4, the market regulator alleged that ASTA was running unregistered investment advisory and research analyst services in the name of stock market education
Sun Pharma's Baska plant in Gujarat receives OAI status from the US FDA after inspection, adding near-term regulatory uncertainty but not impacting current US supplies
Sebi had earlier allowed issuers to cut face value to ₹10,000 only for interest- or dividend-bearing instruments with fixed maturity and no structured obligations
According to the government, the existing laws are very old and do not fully match the current markets and technology
The reforms aim to level the playing field for smaller and retail investors and expedite deals
AMCs in focus: The Sebi overhauled the cost framework for the MF industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers
Sebi has renamed expense ratio limits as the base expense ratio and moved statutory levies outside the cap, while approving a rewrite of MF regulations to tighten transparency and governance
The Supreme Court has directed the CBI to decide within a week whether to register a criminal case over allegations involving former promoters of Indiabulls Housing Finance, now Sammaan Capital
NSDL has paid Rs 15.57 crore to settle Sebi adjudication proceedings over alleged delays in promoter holding freezes, outsourcing issues, BSDA conversions and handling of client securities
Simplification in IPO documents, incentives for debt issuances also on agenda
As many as seven companies, including Yashoda Healthcare Services, Fusion CX and Orient Cables, have secured Sebi's approval to raise funds through initial public offerings (IPOs), data with the markets regulator showed on Tuesday. Other firms that received regulatory approvals are Turtlemint Fintech Solutions, RSB Retail India, SFC Environmental Technologies, and Lohia Corp. Together, these companies are expected to fetch over Rs 6,000 crore, market sources said. These seven companies approached Sebi between May and September, obtained its observations during December 8-12, the update showed. In Sebi's parlance, receiving observations is equivalent to its go-ahead to proceed with a public issue. In Yashoda Healthcare Services, the company filed draft papers with Sebi in September through a confidential route for raising funds through its maiden public offering. According to market sources, the IPO size is expected to be anywhere between Rs 3,000 and Rs 4,000 crore. Turtlemint F
Derivatives trading in these commodities has been repeatedly banned since 2021 due to concerns over speculative activity spilling over into on-ground prices of these widely consumed commodities
ICICI Prudential AMC's mega initial public offering (IPO) was subscribed around two times on second day of bidding
MTNL's board has cleared the sale of its BKC housing block in Mumbai to Nabard for ₹350.72 crore, with the deal to be carried out through a government-to-government transfer
As smoking lost its cinematic allure, options trading too must be deglamourised through taxation, regulation and cultural signalling to curb risky "get rich quick" behaviour
The NCLAT has set aside an appeal by SEBI, where the markets regulator had asked the tribunal to recover the penalty imposed by it against an entity related to the diversion of funds in the Religare Finvest matter, saying such claims cannot be filed once the liquidation process begins under IBC. There was no infirmity in the decision of the liquidator in not admitting the claim of SEBI arising out of the order passed by the Adjudicating Officer (AO) and filed after a delay of 797 days after the liquidation commencement date, it said. The appellate tribunal upheld the order by NCLT and the liquidator of Annies Apparel, observing that the Insolvency & Bankruptcy Code (IBC) clearly freezes all claims as on the liquidation commencement date. The statutory provisions of the IBC read with attendant Liquidation Process Regulations, we are clear that the statutory intent of the IBC clearly freezes all claims as on the liquidation commencement date, said NCLAT. This accords inviolable ...
SEBI officials are questioning the need for such disclosures, noting they are not mandated for any other authority in India, Pandey added
In a separate 63-page order, Sebi also dropped insider trading charges against Vinod Bahety, former head of M&A at the Adani Group, and three associated entities