Page 30 - Sebi

Sebi rolls out verified UPI and a fraud detection tool for investors

Measures launching on Oct 1 will help people verify payments they make in market transactions

Mirae Asset, BlackRock, others buy 1.8% stake in AB Capital for ₹1,136 cr

The shares of Aditya Birla Capital rose 1.46 per cent to close at Rs 246.25 per piece on the BSE, while it gained 1.47 per cent to settle at Rs 246.22 apiece on the NSE

Packaged foods firm Orkla India files DRHP for IPO, sees market growing

Orkla India, formerly MTR Foods, files DRHP with SEBI for IPO comprising 2.2 crore shares in a full OFS; company will not receive any proceeds from the sale

HFTs shift to Gift City to save on stamp duty and transaction costs

High-frequency trading firms are setting up offices in GIFT City to avail stamp duty refunds under Gujarat's incentive scheme, with Sebi easing IFSC registration norms

NSE gets Sebi's nod to launch monthly electricity futures contracts

The National Stock Exchange of India (NSE) on Wednesday said it has received the approval from markets regulator Sebi to launch monthly electricity futures contracts. The launch aims to provide market participants with effective hedging tools against electricity price volatility, enable more accurate price signals in the power sector and encourage capital investments across the electricity value chain -- generation, transmission, distribution, and retail. "This approval is only the beginning of NSE's vision for a broader electricity derivatives ecosystem. Plans are underway to gradually introduce contracts for difference (CFDs) and other long-duration electricity derivatives such as quarterly and annual contracts subject to regulatory approvals," Ashishkumar Chauhan, MD & CEO, NSE said in a statement. The exchange said that a calibrated and phased approach will ensure both market integrity and investor confidence. It is crucial for the spot and futures electricity markets to ...

Sebi mandates verified '@valid' UPI handles to tackle payment fraud

Sebi has made it mandatory for intermediaries to adopt '@valid' UPI handles from October 1 to protect investors from fraud, with added verification tools and safeguards

Sebi to launch UPI authentication tool for safer securities transactions

To curb cyber fraud, market regulator Sebi has mandated a new Unified Payments Interface ID format for all registered intermediaries collecting investor funds

What is Jane Street and why is Sebi probing the trading giant in India?

Jane Street is facing Sebi scrutiny in India and a lawsuit in the US after raking in billions through algorithmic trading strategies in equity derivatives markets

Reduce unclaimed assets: FM Sitharaman to financial sector regulators

At the 29th FSDC meeting, FM Nirmala Sitharaman pushed for swift return of unclaimed financial assets and called for simplified, unified KYC norms across all sectors

Sebi issues Rs 5.35 crore demand notice to OPG securities in NSE case

Sebi has sent notices to stock broker OPG Securities and its directors asking them to pay Rs 5.35 crore, in a case of unfair access to secondary market servers in connection with the NSE co-location issue, and warned of attachment of assets as well as bank accounts if they fail to make the payment within 15 days. The demand notices came after the entities failed to pay the fine imposed by the Securities and Exchange Board of India (Sebi) in April 2025. In three separate recovery notices issued on Monday, the regulator directed OPG Securities and its directors -- Sanjay Gupta, Sangeeta Gupta, and Om Prakash Gupta -- to pay dues totalling Rs 5.35 crore within 15 days. This included a penalty amount and an interest. In the event of non-payment of dues, the market regulator said it will recover the amount by attaching and selling their moveable and immovable properties. Besides, they face attachment of bank accounts and arrest. In its order passed in April, Sebi levied a fine of Rs 5 .

Karamtara Engineering gets Sebi nod for ₹1,750 cr IPO; check key details

Karamtara Engineering plans to raise ₹1,750 crore through a combination of fresh issue and offer for sale

Suzlon promoters sell 1.45% stake; Lalithaa Jewellery files for IPO

Wipro shares worth ₹5,058 crore got traded among the promoter group entities under the block deal window on Monday

Sebi offers settlement window to stock brokers in algo trading case

Sebi announces a settlement window for brokers linked with unauthorised algo platforms promising assured returns; applications open from June 16

Sebi's uniform charge rule faces BSE test amid concerns over fee structure

Market participants raise concerns over BSE's varying transaction charges, while BSE defends its transparent, regulation-compliant fee structure

Sebi issues consultation paper on FAQs for research analyst regulations

Markets regulator Sebi on Monday proposed to revise the existing frequently asked questions (FAQs) and introduce additional ones to incorporate consequential and regulatory changes arising from recent amendments to the Research Analysts (RA) norms. In this regard, Sebi has floated a consultation paper on a draft circular comprising updated FAQs related to the regulatory provisions for Research Analysts (RAs). The draft is aimed at inviting public feedback and providing further clarity on various provisions applicable to RAs in a question-and-answer format. The Sebi (Research Analysts) Regulations, 2014, which came into effect on December 1, 2014, were initially supported by FAQs published on December 9, 2014. These FAQs served as a reference point to guide RAs in complying with the regulatory framework. However, following a recent review of the regulatory environment, Sebi notified the Sebi (Research Analysts) (Third Amendment) Regulations, 2024, in December 2024. To facilitate the

Sebi investigates Jane Street's derivatives trades over three years

The investigation - the largest such into a global trading firm - follows a series of steps taken by the Securities and Exchange Board of India (SEBI) to cool the frenzy in India's derivatives markets

Lalithaa Jewellery files draft papers with Sebi, to raise ₹1,700 cr via IPO

Jewellery player Lalithaa Jewellery Mart has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,700 crore through an Initial Public Offering (IPO). The Chennai-based company's proposed IPO is a combination of a fresh issue of shares worth Rs 1,200 crore and an offer-for-sale of equities valued at Rs 500 crore by M Kiran Kumar Jain, according to the Draft Red Herring Prospectus (DRHP). The issue includes a reservation for a subscription by eligible employees, and a discount is being offered to such employees. As per the draft papers filed on Friday, proceeds from the fresh issue to the tune of Rs 1,014.50 crore will be used for setting up new stores, and a portion would be utilised for general corporate purposes. Lalithaa Jewellery Mart, which opened its first store in 1985 in T Nagar locality of Chennai, sells gold jewellery, silverware and diamond jewellery. It had 56 stores, out of which 22 are in Andhra Pradesh, 20 in Tamil Nadu, seven in ..

Backseat to driver's seat: Rights issues take the wheel after Sebi's revamp

Faster allotments and streamlined processes put capital raising into high gear

VC funds get relief; MCX gets approval for electricity derivatives

The market regulator had barred five officials from IndusInd Bank in the alleged insider trading matter

Sebi attaches bank, demat, MF accounts of Choksi to recover Rs 2.1 cr dues

Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems. The latest move followed a demand notice issued to Choksi on May 15, warning attachment of assets as well as bank accounts if he failed to make the payment within 15 days. The demand notice came after Choksi failed to pay the fine imposed by the Securities and Exchange Board of India (Sebi) in January 2022 in a case of violation of insider trading rules in the shares of Gitanjali Gems Ltd. Choksi, who was the chairman and managing director as well as part of promoter group of Gitanjali Gems, is the maternal uncle of Nirav Modi. Both are facing charges of defrauding state-owned Punjab National Bank (PNB) of more than Rs 14,000 crore. Both Choksi and Modi fled India after the PNB scam came to light in early 2018. In April, Cho