Page 3 - Sebi

NFRA chief says Rajesh Exports probe is underway, can't share timeline

The National Financial Reporting Authority (NFRA) is looking into the revenue misstatements case at Rajesh Exports, but it will not be possible to share a timeline on the probe, a top official at the auditors' watchdog said on Tuesday. "Yes, we have started our processes," NFRA chairperson Nitin Gupta said on the sidelines of an event organised by Ficci here. He declined to share any observations, saying the matter is not with him, and also a timeline by which the probe will be completed. It can be noted that last month, capital markets regulator Sebi issued an order in which Rajesh Exports was found to have indulged in misstating revenues over a long period, pegging the overall discrepancies at Rs 15.5 lakh crore. As per subsequent reports, Sebi had written to NFRA seeking examination of the errant entity's auditors. Gupta on Tuesday called for genuine board independence in India's promoter-driven companies, pointing out that as AI influences corporate decision-making, a critical

Sebi may ease short selling by doubling lendable stocks for investors

Stock scam ‌scandals led India to develop strict requirements for its cash equities market, with rules tightened in the early 2000s and then again in the period 2017 to 2020

Sebi issues administrative warning to Reliance over employees' share trades

The market regulator's warning relates to trades by two employees and an employee's immediate relative while in possession of unpublished price-sensitive information

Rentomojo secures Sebi nod for IPO comprising fresh issue and OFS

The online furniture and appliances rental platform has received Sebi's observations for its proposed IPO, comprising a Rs 150 crore fresh issue and an offer for sale

Rentomojo secures Sebi approval for IPO with Rs 150-crore fresh issue

Online rental and subscription platform Rentomojo Ltd has received Sebi's go-ahead for its proposed initial public offering (IPO), an update with the regulator showed on Monday. The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 150 crore and an Offer for Sale (OFS) of 2.84 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). The regulator received the company's draft papers on April 1 and gave its observations on July 6, the update showed. In Sebi parlance, the issuance of observations implies its approval to float the IPO. According to the draft papers, the company proposes to utilise the net proceeds from the fresh issue towards payment of loans, payment of lease rentals or licence fees for warehouses and experience stores, and general corporate purposes. Rentomojo operates a technology-driven, direct-to-consumer online rental and subscription platform for furniture and home appliances. As of September

NSE plans to launch quanto cross-currency derivatives, seeks RBI approval

Move could help revive exchange-traded currency volumes

MFs step up IPO play: Absorb nearly a third of issue amounts since Iran war

Mutual funds raised their share of IPO investments to a multi-year high during the Iran conflict, reflecting growing institutional participation in India's primary market

Artha Bharat Investment launches GIFT City's first physical gold fund

Artha Bharat launches GIFT City's first physical gold fund, while Kusumgar prices its IPO and benchmark indices extend gains for a third straight session

Sebi weighs shift to rupee-denominated fees from US dollars for FPIs, FVCIs

Other operational changes to common application form, custodian fee also in discussion

MFs making markets resilient amid global volatility, says Sebi WTM

Domestic institutional investors, led by mutual funds and SIPs, have emerged as a key stabilising force for Indian capital markets amid global volatility and FPI outflows, says SEBI

Sebi revises norms on handling unpaid client securities by brokers

Sebi has revised rules for unpaid client securities, introducing auto-pledge mechanisms and stricter timelines to enhance investor protection and broker accountability.

Moneyview, Chandan Steel get Sebi's approval to raise funds through IPOs

Fintech unicorn Moneyview and Chandan Steel have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Friday. Moneyview filed preliminary IPO papers with Sebi in March, while Torrent Gas confidentially submitted draft documents with the regulator in April. The confidential filing route allows companies to submit draft offer documents to Sebi for review without immediately making commercially sensitive information public. After reviewing the draft papers submitted by the two firms, the regulator gave its 'observations' between June 29 and July 2,which, in Sebi's parlance, is equivalent to a go-ahead to float the public issue. Meanwhile,oilfield services provider Shivganga Drillers withdrew its draft papers on June 30, the update showed. The company filed preliminary papers with Sebi in December 2025 to mobilise Rs 400 crore through its IPO. The proposed maiden public offering was a completely fresh issue of shares wi

Sebi sees encouraging response to SIFs; asset base grows to ₹13,500 crore

The newly introduced Specialised Investment Funds (SIFs) have witnessed rapid adoption, with the category crossing Rs 13,814 crore in assets under management (AUM) since the regulatory framework was introduced in February, a top Sebi official said on Friday. Sebi introduced SIFs tobridge the gap between regular mutual funds and high-ticket Portfolio Management Services (PMS). SIFs target sophisticated investors through flexible hedging, derivatives, and long-short strategy. Speaking at Assocham's 17th Mutual Fund Summit, SebiWhole-Time Member Amarjeet Singh said, "The regulatory framework for Specialised Investment Fund (SIF) was introduced last year. The early response has been encouraging." Giving details, he said, "As on May 31 2026, SIFs have already garnered net assets under management of over Rs 13,500 crore, spread across more than 56,000 investor folios". SIFs requires a minimum investment of Rs 10 lakh and allow fund managers to use advanced strategies such as derivatives

How flight tickets, food orders helped Sebi crack a ₹144 crore stock scam

Sebi's 394-page order exposes a 226-entity pump-and-dump network across five stocks, busted not just by bank records but also by airline bookings, hotel stays, WhatsApp chats,

Sebi bars 222 individuals, entities for'manipulation' in five companies

The regulator imposed penalties of Rs 47.7 crore and ordered disgorgement of illegal gains after finding large-scale price and volume manipulation, with promoters allegedly involved in some cases

Oyo parent PRISM files updated IPO papers, aims to raise ₹6,650 crore

Hospitality-tech firm plans a ₹6,650 crore fresh issue with no offer for sale, while most of the proceeds will be used to repay borrowings and strengthen its balance sheet

Sebi sets up expert panel to review debenture trustee regulatory framework

The panel, chaired by former Sebi whole-time member Ananta Barua, will review the regulatory framework, net-worth requirements and measures to strengthen debenture trustees' role

Sebi bars Darjeeling Industries' MD, 9 others for alleged manipulation

Regulator says action important to prevent alleged manipulators from selling shares after lock-in ends

Sebi proposes AIF consent rule changes, aligns 'related party' definition

Sebi has proposed stricter AIF rules, including 75% investor approval for related-party transactions and a shift from 'associate' to 'related party' norms

Fibe files IPO papers; plans ₹750 crore fresh issue, 40 million-share OFS

Digital lender's proposed public issue comprises a Rs 750 crore fresh issue and an offer-for-sale of more than 40 million shares by existing investors