Page 4 - Sebi

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

When regulators write criminal laws: The Securities Markets Code dilemma

Market abuse under the Code constitutes a scheduled offence under the Prevention of Money-Laundering Act, 2002

Zerodha plans foray into investment banking, seeks Sebi registration

Zerodha has applied for a Category 1 merchant banking licence from Sebi, marking its entry into IPOs and corporate finance as it diversifies beyond broking

Sebi invites candidates with 20 yrs' experience for executive director post

Markets regulator Sebi has begun the process of recruiting an executive director and has invited applications to fill the vacancy. Applications are invited for the post until July 25. The appointment of the executive director will be on a deputation or contractual basis for a period of three years, the Securities and Exchange Board of India (Sebi) said in a notice. As per the notice, candidates applying through the contract route are required to have qualifications, such as an MBA, CA, CS, LLB, or a postgraduate degree in economics, finance or another discipline Sebi considers relevant. The candidate applying for the position must have at least 20 years of experience dealing with securities market issues or special knowledge or experience in law, investigation, finance, economics and accountancy, among others. Eligible candidates from government organisations, public sector banks, and financial institutions may apply on deputation by routing their applications through their ...

Sebi rejects Anil Ambani's settlement request over Reliance Infrastructure

Ambani, the younger brother of billionaire Mukesh Ambani, has faced growing scrutiny from regulators and enforcement agencies over the past 18 months

AIF commitments near ₹17 trn, fund raises top ₹7 trn for the first time

AIF commitments rose to a record ₹16.94 trillion in FY26, while fund raises crossed ₹7 trillion for the first time despite recent geopolitical uncertainty

Consumer durables retailer Sathya Agencies gets Sebi nod for ₹600-cr IPO

The South India-based consumer durables retailer plans to raise ₹600 crore through a fresh issue and an offer for sale to fund an acquisition, repay debt and meet corporate needs

Rajesh Exports failed to produce foreign transaction records: ED

The Enforcement Directorate on Wednesday alleged that gold refining and jewellery manufacturing company Rajesh Exports' key business indicators showed "significant" departures from normal commercial practices, in addition to the non-availability of records related to foreign transactions. The federal agency issued a statement after conducting searches against the Bengaluru-based company and persons linked to it on June 23 for suspected contravention of the Foreign Exchange Management Act (FEMA). The ED identified at least five issues against Rajesh Exports Ltd (REL) and recovered various "incriminating" documents and digital devices during the searches. The company has not yet responded to a PTI query regarding the ED action. The stock exchanges have also sought clarification from the company. Founder and Chairman of the company, Rajesh Mehta, denied any fund diversion or wrongdoing during a recent interview with PTI. He had said that the company will fully cooperate with the fresh

Sebi eases certification needs for non-core staff of investment advisors

Sebi eases certification norms for non-advisory investment staff, while NSE clarifies brokers' investments won't be treated as business income in most cases

What Sebi's new framework for securities transfer means for heirs

Succession-related issues can add to the difficulty. Legal heirs often need multiple documents. Coordinating several heirs can be difficult

Sebi introduces lighter certification framework for non-core staff

Markets regulator Sebi on Wednesday introduced a lighter certification framework for sales and non-core staff in investment advisory roles to ensure ease of doing business. The initiative streamlines requirements for employees managing client relations, thereby reducing the compliance burden on firms. "Based on the feedback from market participants and as a step towards ease of doing business, it has been decided to specify a lighter NISM certification module for PAIA, such as sales staff, relationship managers and other staff, who only perform sales and other non-core services," Sebi said in its circular. These staff have contacts with the client but are not directly associated or involved in investment advice-related aspects, it added. The regulator said, "PAIA who perform only sales and other non-core services, shall obtain certification from NISM by passing the 'NISM SeriesXXV-B'." PAIA, other than those who perform sales and other non-core services, will continue to obtain ..

Sebi weighs allowing celebrity endorsements for regulated entities

Regulator proposes a Common Advertisement Code across intermediaries and may permit celebrity endorsements at the entity level with prior approval

Sebi proposes to allow direct market access route to all investors

Market regulator proposes expanding direct market access beyond institutional investors and allowing exchanges to specify eligible investor categories for ETCDs

NSE, Bharat Metal Exchange join hands for non-ferrous metal derivatives

NSE and Bharat Metal Exchange will jointly develop non-ferrous metal derivatives as SEBI proposes further easing of tech rules for market infrastructure institutions

Sebi mulls consolidating tech, cybersecurity norms across mkt institutions

Markets regulator Sebi on Monday proposed a comprehensive overhaul and consolidation of information technology-related regulations applicable to market infrastructure institutions aimed at simplifying compliance requirements, removing redundancies and ensuring regulatory consistency across. In its consultation paper, the regulator proposed merging provisions of the Master Circulars for stock exchanges and clearing corporations with the Master Circular for commodity derivatives,while also creating a consolidated circular covering common IT-related areas such as cyber security, cyber resilience, annual system audits, business continuity planning and disaster recovery (BCPDR), capacity planning and technology advisories. Sebi said several provisions currently duplicated across different circulars and frameworks could be streamlined to improve regulatory clarity and reduce compliance burden without diluting oversight. Among the key proposals, Sebi has suggested removing repeated ...

Sebi mulls easing deep disclosures for foreign portfolio investors

Sebi is reviewing FPI disclosure norms, including single-stock investments and UBO thresholds, to ease compliance amid sustained outflows

How robots, software and scale are powering Zepto's IPO ambitions

Ahead of a planned listing, Zepto's 23-year-old co-founder is betting that robots and software can narrow the cost of quick commerce delivery

Sebi board brings back open-market share buybacks; eases debt listing

The market regulator also cleared a faster approval route for alternative investment funds and aligned norms for securitised debt instruments with RBI rules