Page 31 - Sebi

SC to hear MP Mahua Moitra's plea to mandate disclosure of FPIs on Oct 14

The Supreme Court on Thursday said it would hear on October 14 TMC MP Mahua Moitra's plea to mandate public disclosure of ultimate beneficial owners and portfolios of alternative investment funds (AIFs), foreign portfolio investors and their intermediaries in India. The plea came up for hearing before a bench of Justices B V Nagarathna and R Mahadevan. Advocate Prashant Bhushan, appearing for Moitra, said they have filed the reply received from the Securities and Exchange Board of India (SEBI) on the detailed representation made by the petitioner on the issue. The top court on April 1 asked Moitra to make a detailed representation to the SEBI on the issue. Bhushan said they have also filed their response to the reply received from SEBI last month. "You amend your writ petition," the bench said. Bhushan, while referring to the prayer made in the plea, said the SEBI's response to the representation does not answer the problem. He said amending the petition was not necessary as the

Ex-trader Ananth Narayan, who led Jane Street probe, ends term at Sebi

Narayan, who has spent more than two decades at global banks including Standard Chartered Plc, has been a driving force behind the charges against Jane Street

Sebi preparing action plan for quantum-safe computing: Tuhin Kanta Pandey

Chairman Tuhin Kanta Pandey says quantum advances could break today's encryption; Sebi aims password protection, stronger AI oversight, and fraud prevention

Sebi proposes reforms to streamline IPF, tighten bourse regulations

Key proposals include merging equity and commodity IPFs, introducing a three-year limit on investor claims, and tightening norms for exclusively listed firms

Sebi eases norms for block deal window, allows same-day settlement

The market regulator has introduced dual trading windows and set a ₹25-crore minimum order size for block deals to enhance execution efficiency and liquidity

Sebi to review SLB framework for wider user participation: Ananth Narayan G

Whole-time member Ananth Narayan says Sebi aims to improve design and process efficiency for SLB trades, boosting participation and cash market depth

Sebi to deploy AI tool to track misleading ads, finfluencer content

Sebi is deploying an AI tool, R(AI)DAR, to track misleading ads and finfluencer content, enhancing investor protection and monitoring social media for illegal financial promotions

Sebi flags 100k misleading social media posts amid investor scams

Sebi identified over 100,000 unlawful social media posts in 18 months, unveiling new tools to curb scams and boost investor awareness across India

Lenskart Solutions, Wakefit, four others get Sebi nod to float IPOs

Tenneco Clean Air India, Waterways Leisure Tourism, the operator of Cordelia Cruises; Shree Ram Twistex and Lamtuf are among the companies that have received regulatory approval

Bombay HC seeks Sebi response on plea alleging irregularities in WeWork IPO

Bombay HC has sought Sebi's response on a plea challenging WeWork India's IPO, alleging irregularities in DRHP, undisclosed complaints, and misrepresentation of ties with the global WeWork brand

Upcoming IPO! Advit Jewels files draft papers with Sebi; check key details

The maiden offering of Advit Jewels will comprise an entirely fresh issue of equity shares, with no offer for sale (OFS) component

Mann Fleet Partners files draft IPO papers with Sebi to raise funds

Chauffeured car rental and mobility solutions provider Mann Fleet Partners Ltd on Monday said it has filed its draft papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO). The proposed IPO comprises a fresh issue of 64.10 lakh equity shares and an Offer For Sale (OFS) of up to 16 lakh equity shares by promoters Amrit Pal Singh Mann and Parmjeet Mann. In a statement, the company said it plans to use the proceeds from the fresh issue worth Rs 63.78 crore for purchasing vehicles, Rs 18.76 crore for payment of debt and the rest for general corporate purposes. Headquartered in New Delhi and established in 1992, Mann Fleet Partners offers a comprehensive range of mobility solutions, including event-based transportation, long-term rentals, spot rentals, and self-drive car leasing. Its clientele includes corporates, government agencies, embassies, and high-net-worth individuals. The company provides chauffeur services in 83 cities across India, the UAE,

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

Is your broker real? SEBI’s @Valid UPI will tell you how to identify fraudsters

SEBI has launched two new initiatives, validated UPI handles and SEBI Check, to make investor payments safer and fraud-proof. Here’s what you need to know.

No plan to regulate family offices in India at present, says Sebi

'SEBI is not examining or pursuing this matter at present,' the regulator said in a statement

After 7 years, IHH finally gets Sebi go-ahead for Fortis open offer

In 2018, price was set at ₹170/share; Fortis Healthcare now trades at ₹980.10

Sebi approves eyewear retailer Lenskart IPO to raise ₹2,150 crore: Report

Lenskart has received Sebi's approval for a ₹2,150 crore IPO, comprising fresh shares and existing investor stake sales to fund store expansion, technology upgrades, and marketing

Eldeco Infrastructure files draft papers with Sebi for ₹1,000-cr IPO

Real estate developer Eldeco Infrastructure and Properties Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,000 crore through an initial public offering (IPO). The issue comprises a mix of fresh issues of shares worth Rs 800 crore and an offer for sale up to Rs 200 crore by promoters, according to the draft red herring prospectus (DRHP) dated September 30. The promoters, Pankaj Bajaj and Bandana Kohli, are offering equity shares aggregating up to Rs 102 crore and Rs 98 crore, respectively. The Haryana-based company may consider a pre-IPO placement for up to Rs 160 crore. If such placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue worth Rs 600 crore will be used for repayment or prepayment of certain outstanding borrowings availed by Eldeco Infracon Realtors Ltd, a subsidiary of the company. The remaining funds will be utilised for general corporate purposes. Eldeco is a real estate developer in north India w

BVG India files IPO papers with Sebi, aims to raise ₹300 cr via fresh issue

Facility management services provider, BVG India has filed its preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO) comprising a fresh issue of equity shares worth Rs 300 crore and an OFS. Under the offer for sale (OFS), existing shareholders will offload 2.85 crore equity shares, according to the draft red herring prospectus (DRHP) dated September 30. Out of the fresh issue proceeds, Rs 250 crore has been earmarked for payment of debt, while the balance will be deployed towards general corporate purposes. The company operates through three business verticals-- Integrated Facility Management (IFM), Emergency Response Services (ERS), and Environment & Sustainability Services (ESS) -- catering to clients across industrial, commercial, healthcare, education, government and transport infrastructure sectors. BVG India provides soft services such as mechanised housekeeping, janitorial services, industrial housekeeping, manpower supply, ..

Sebi mulls stricter disclosure rules for billionaire family offices

The discussions include asking family offices to disclose their entities, assets and investment returns for the first time, as well as a separate category to regulate the investment vehicles