Page 4 - Sebi

Sebi proposes investment by REITs, InvITs in third party projects

Markets regulator Sebi on Thursday proposed allowing Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) to pick minority stakes in under-construction assets, which would help them to secure long-term asset pipeline. In its consultation paper, Sebi proposed that REITs and InvITs be permitted to invest in under-construction projects without having a controlling interest, within the existing limits prescribed for exposure to such assets. "Investing a minority stake in under-construction assets would enable REITs and InvITs to build a pipeline of stable, revenue-generating assets while minimising exposure to construction-related risks,"Sebi said. Additionally, Sebi proposed several measures to facilitate ease of doing business for REITs and InvITs, including reducing the cooling-off period for offer for sale (OFS) by privately listed InvITs, recognising remote common infrastructure as real estate for REITs, and clarifying the computation of the threshold

Sebi flags ₹87,124 crore as difficult-to-recover dues in FY26, up 12%

Recurring fees accounted for 73 per cent of Sebi's collections in FY26, while difficult-to-recover dues rose to around Rs 87,124 crore amid an increase in pending cases

Sebi's investor education spend remains flat at ₹2.25 crore in FY26

Investor Protection Fund balance rose to Rs 965 crore in FY26, while higher investment income boosted the corpus despite investor education spending remaining unchanged

Sebi eyes SLB revamp, single-window clearance for intermediaries in FY27

Chairman Tuhin Kanta Pandey said Sebi will revamp the securities lending framework, launch the Sebi Setu portal and roll out a single-window clearance system

Sebi to leverage WhatsApp for AI-enabled safe investing awareness campaign

Markets regulator Sebi plans an AI-enabled multilingual WhatsApp campaign to spread verified safe investing information as part of its 2026-27 digital transformation agenda

Reforms@35: From UTI monopoly and assured returns to SIP investment boom

How the continuing reforms in the MF space have created an over ₹82 trillion powerhouse

Sebi sees no need to review new stock closing auction immediately

India's benchmark Nifty 50 index had seen sharp volatility earlier this week as a new mechanism to determine the closing prices of stocks was introduced on Monday

Sebi mulls depository receipts against REIT, publicly listed InvIT units

Markets regulator Sebi on Tuesday proposed allowing issuance of Depository Receipts (DRs) against units of Real Estate Investment Trusts and publicly listed Infrastructure Investment Trusts to widen investment options for overseas investors and attract foreign capital. Depository Receipts are foreign currency-denominated instruments issued by a foreign depository in a permissible jurisdiction against securities deposited with a domestic custodian in India. Under the proposed framework, Real Estate Investment Trusts (REITs) and publicly listed Infrastructure Investment Trusts (InvITs) would be permitted to issue DRs in permissible overseas jurisdictions, enabling foreign investors to trade such instruments in foreign currency on permitted international exchanges. However, Sebi has proposed keeping privately listed InvITs outside the ambit of the framework. In its consultation paper, Sebi said a framework for issuance of DRs on units of REITs and InvITs will enable them to issue DRs

Prasanta Mahapatra assumes charge as Sebi's Executive Director

Prasanta Mahapatra has taken charge as Executive Director of markets regulator Sebi and will handle the Corporation Finance Investigation Department and the Recovery and Refund Department. Before his elevation as Executive Director, Mahapatra was the Chief General Manager at the Securities and Exchange Board of India (Sebi), the regulator said in a statement on Monday. Mahapatra, who joined Sebi in April 1999, has handled diverse responsibilities across several departments during his over 27-year stint with the regulator. He has served in the Market Regulation Department, Investigation Department, Enquiries and Adjudication Department, Market Intermediaries Regulation and Supervision Department, Corporation Finance Department and Investment Management Department. He has also served at Sebi's Eastern Regional Office in Kolkata. Besides, Mahapatra has been a member of various domestic policy-making and advisory committees dealing with areas of mutual interest and cooperation with ..

Battery Smart may file IPO papers in Sep-Oct, eyes 70-80% annual growth

Battery Smart, a battery-swapping network for electric two- and three-wheelers, is likely to file draft papers with Sebi in September or October as it looks to tap the capital markets through an initial public offering (IPO), people familiar with the matter said. The company has appointed SBI Capital Markets as the lead merchant banker for the proposed public issue, they said. "The filing of draft papers with Sebi is likely to take place around September or October, using FY26 and June quarter financials, which will remain valid till December 2026," one of the people cited above said. According to the people familiar with the development, Battery Smart is targeting annual growth of 70-80 per cent over the next three to five years, driven by deeper penetration in existing cities and expansion into new markets. Backed by investors, including Tiger Global, Blume Ventures, LeapFrog Investments, and Ecosystem Integrity Fund, the company achieved operational break-even in FY26 while ...

How safe is it to accept finfluencers' investment recommendations?

If you wish to stay safe, stick to the minority that has a Sebi-registered investment adviser or research analyst licence

Zee to seek legal advice on Sebi order, says fund raise unaffected

The company says it will take legal steps over SEBI's order while continuing with its fund-raising exercise aimed at strengthening its financial foundation

Assetz files confidential IPO papers with Sebi to raise ₹1,200 crore

Real estate developer Assetz Ltd has filed preliminary papers with markets regulator Sebi using the confidential route to raise around Rs 1,200 crore through an initial public offering (IPO). The proposed listing would mark the public-market debut of one of Bengaluru's fastest-growing residential developers, which counts Singapore-based investment fund AGP Partners as a key shareholder. In a public notice on Saturday, the company said it has filed "the pre-filed draft red herring prospectus with Sebi and the stock exchanges... in relation to the proposed initial public offering of its equity shares on the main-board of the stock exchanges". According to people familiar with the matter, the IPO size is pegged around Rs 1,200 crore. JM Financial, BofA Securities India, and Motilal Oswal Investment Advisors are the book-running lead managers to the proposed issue, they added. Under the confidential pre-filing route, companies are allowed to keep their draft offer documents out of the

Sebi bars Punit Goenka, Chandra for a year; fines Zee ₹1.48 crore

The Securities and Exchange Board of India (SEBI) barred Goenka and Chandra from the securities market for one year.

Sebi fines SME firm Kalahridhaan Trendz, promoters over disclosure lapses

Capital markets regulator Sebi has levied fines totalling Rs 1 crore on Kalahridhaan Trendz and its promoters after finding that the SME company concealed a loan default and misled investors through false corporate announcements. Kalahridhaan Trendz Ltd (KTL) is in the business of manufacturing and trading of various types of fabrics and was listed on the NSE's SME platform Emerge. Sebi restrained KTL and its promoter and Managing Director Niranjan D Agarwal from the securities markets for two years. Directors Aditya N Agarwal and Sunitadevi Niranjan Agarwal have been prohibited for one year. In a 57-page final order on Thursday Sebi found that KTL failed to disclose its default in repayment of HDFC Bank credit card dues within the timeline mandated under the Listing Obligations and Disclosure Requirements (LODR) Regulations. The company admitted during the proceedings that the disclosure should have been made but attributed the lapse to an inadvertent omission. However, Sebi reje

Sebi clears NSE settlement in colo, dark-fibre cases ahead of IPO

Market regulator seeks an additional Rs 714.74 crore after an earlier deposit as the exchange clears a key hurdle ahead of its proposed IPO

Veritas Finance files DRHP with Sebi for IPO; plans ₹900 crore issue

Chennai-based NBFC plans a Rs 900 crore fresh issue and an offer for sale of up to 1.28 crore shares to support future lending growth

Manipal Health subscribed 15%; Ardee Industries IPO to open on Aug 5

Manipal Health's Rs 9,275-crore IPO was subscribed 15% on Day 1, while Ardee Industries announced its IPO launch from August 5 and Beauty Garage filed draft papers with Sebi

10 research analysts lose Sebi registration over non-payment of renewal fee

Capital markets regulator Sebi has cancelled the registrations of 10 research analysts for failing to pay the mandatory renewal fee required to keep their certificates of registration in force. The action was taken under Sebi's Intermediaries Regulations, 2008, after the entities failed to renew their registrations despite being issued notices. The entities whose registrations have been cancelled include Imtiaz Rehman Merchant, Praveen Pathiyil, InGovern Research Services Pvt Ltd, Affluence Fincon Service Pvt Ltd, Priya Clyde Andrades and Praful Bohra, Sebi said in the order passed on Tuesday. Under Sebi norms, a registered research analyst is required to pay the renewal fee every five years from the date of registration to keep the certificate valid. However, the markets watchdog found that the 10 entities failed to pay the fees after their respective due dates, which ranged from July 2020 to December 2025. The Securities and Exchange Board of India (Sebi) had issued notices to t

Stock exchanges tighten OFS oversight, flag gaps in order placement

Stock exchanges have asked brokers to tighten controls over OFS transactions after identifying shortcomings in order placement, particularly for large-value institutional bids