Page 4 - Sebi

Sebi board clears steps to ease doing business in REITs, InvITs, and AIFs

Sebi board clears FPI settlement norms; approves recommendations on conflict of interest

Sebi eases reporting norms for brokers, reduces compliance burden

Sebi has relaxed reporting requirements for brokers and depository participants, allowing selective account reporting and simplifying demat disclosure norms

Sebi amends norms to make IPO disclosures accessible, investor-friendly

Markets regulator Sebi has introduced a concise and standardised summary of offer documents in the form of a draft abridged prospectus, a move aimed at making IPO disclosures more accessible and investor-friendly. IPO-bound companies will now be required to submit this abridged prospectus alongside their detailed offer documents. The regulator said the document will present key information including the company's business model, financials, promoters, risks, and key performance indicators in a simplified and easy-to-understand format. "Draft abridged prospectus ... shall be submitted along with the updated draft red herring prospectus-I, and shall be hosted on the websites of the issuer, the Board, stock exchanges where specified securities are proposed to be listed and lead manager(s) associated with the issue," Sebi said in a notification dated March 16. The abridged prospectus will be made available on the websites of issuers, stock exchanges, and lead managers to ensure easier

EPC player Trenzet Infra files papers with Sebi to raise funds via IPO

Railway-focused EPC player Trenzet Infra Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of 1.05 crore shares and an offer for sale (OFS) of 18 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Friday. The Andhra Pradesh-based company proposes to utilise proceeds from the fresh issue to support its working capital requirements, purchase of construction vehicles and equipment, and for general corporate purposes. Trenzet Infra is a railway-focused EPC player with execution capabilities across bridges, earthworks, structural works, track development, and select electrification and signalling works for railway and allied infrastructure projects. Its service portfolio involves construction of road over bridges, road under bridges, girder bridges, viaducts, flyovers, reinforced earth walls, and buildings, along with executi

Sebi board to consider FPI settlement norms, intermediary reforms on Monday

Markets regulator Sebi board is set to meet on Monday to deliberate on a wide-ranging agenda, including a proposal to ease fund settlement norms for foreign portfolio investors (FPIs), and changes to regulatory frameworks for market intermediaries, people familiar with the matter said. A key item on the agenda is a proposal to allow Foreign Portfolio Investors (FPIs) to net funds for same-day cash market trades, instead of settling each trade individually. Under the existing framework, an FPI needs to settle equity cash market trades on a gross basis, funding each purchase transaction independently of any sale transactions, even on the same day. Sebi has proposed permitting "netting of funds", which would allow FPIs to use proceeds from same-day sales to offset purchase obligations, thereby requiring them to meet only the net payable amount. The move is aimed at enhancing operational efficiency and reducing the cost of funding for them, especially on index rebalancing days. Also, i

JP Morgan Chase Bank NA settles Sebi case for ₹34.42 lakh over FPI lapses

Bank settles Sebi case over alleged violations of FPI regulations, including licensing and registration lapses, without admitting or denying findings

Valuation 'attractive' for FPIs to invest in India, says Sebi WTM Varshney

Sebi WTM Kamlesh Chandra Varshney says recent market correction has made Indian equities attractive for FPIs, while highlighting opportunities for Russian firms to raise capital and list locally

Sebi may allow netting of funds for FPIs in March 23 board meeting

Relaxations for REITs and InvITs, and intermediaries on 'fit and proper' criteria also on the agenda

Market correction offers tremendous opportunity for FPIs, says Sebi

Equity market corrections following the Middle East conflict present a "tremendous opportunity" for foreign portfolio investors to up their bets in India, a senior Sebi official said on Thursday. Kamlesh Chandra Varshney, a whole-time member at the capital markets regulator, said the Indian capital market is "quite attractive" now and presents a good opportunity to investors registered as FPIs. "There is a tremendous opportunity to invest in the Indian equity market with the kind of direction which has taken place now in the last few months, particularly after the war that has broken out," he said, speaking at a Russia-India forum for integration of capital markets here. FPIs continue to be net sellers in the Indian markets in FY26, and in the first 12 days of March alone, there has been a sell-off of over Rs 77,000 crore by them, as per reports. Speaking at the event, Varshney assured all help to facilitate Russian investments into the country and also proposed setting up working

Accuracap Prime Fund, others pay ₹21.75 lakh to settle AIF case with Sebi

Accuracap Prime Opportunities Fund, its manager Accuracap Technologies LLP, and four officials have settled an AIF norms violation case with markets regulator Sebi, after paying Rs 21.75 lakh under the settlement mechanism. The four officials who opted for settlement are Naresh Chand Gupta, Raman Nagpal, Prateek Gupta and Divya Singha. In its order passed on Tuesday, Sebi said the proceedings initiated through summary settlement notices have been disposed of in terms of the Settlement Regulations. The case stems from Sebi's examination of quarterly filings of Accuracap Vectra Fund, a scheme under Accuracap Prime Opportunities Fund, for FY24. The regulator found that the scheme failed to maintain the minimum required corpus of Rs 20 crore and did not restore it within three months of the breach. Despite this, the fund neither redeemed investor units nor wound up the scheme. Additionally, the Alternative Investment Fund (AIF) was found to have exceeded the maximum permissible invest

Over 100 stock brokers settle Sebi case on misleading algo returns claims

Brokers including Zerodha and Angel One pay ₹1 lakh each to settle case over links with algo platforms that claimed guaranteed or consistent returns

Securities Appellate Tribunal grants partial relief to Computech Sharecap

Tribunal modifies Sebi order, restrains firm from onboarding new clients for one year instead of cancelling registration over compliance lapses

Sebi levies ₹2.8 cr fine on 18 entities; debars for 5 yrs in RGRL case

Sebi has levied penalties totalling Rs 2.8 crore on 18 entities as well as barred them from securities markets for up to five years for manipulating the share prices of Retro Green Revolution Ltd (RGRL). Besides, the regulator has directed 15 of these entities to disgorge the total unlawful gains worth Rs 2.94 crore, along with 12 per cent interest per annum from December 31, 2021, till the date of payment. The amount is to be deposited in Sebi's Investor Protection and Education Fund within 45 days. In its 61-page order passed on Tuesday, the regulator found that the entities were part of a premeditated scheme to artificially jack up the price of an illiquid scrip of RGRL and lure gullible investors. Sebi observed that the scheme involved trading among connected entities to create artificial volumes in a thin stock, followed by circulating tips/ stock recommendations through a Telegram channel. The noticees no 1 to 6, including Sanjay Arunkumar Choksi, had indulged in creating a

Investment bankers urge Sebi to widen block deal price band to 5%

The block deal window allows large trades to be executed in a single transaction on a separate platform provided by the stock exchanges

Standard Chartered settles Sebi case for ₹57.2 lakh over FPI norms

Standard Chartered Bank settles a Sebi case for Rs 57.2 lakh over alleged lapses in reporting beneficial ownership changes and compliance with FPI regulations

Sebi proposes easing nomination norms for demat accounts, MF folios

Markets regulator Sebi proposes making nomination default for demat and mutual fund accounts, simplifying compliance norms and streamlining nominee requirements for investors

Sebi outlines measures to boost investment advisory ecosystem: Pandey

Sebi chief Tuhin Kanta Pandey says the regulator will review overlaps between mutual fund distributors and investment advisers and introduce a common advertisement code for intermediaries

Sebi clears IPOs of Travelstack, Learnfluence, Tea Post; 3 issues withdrawn

Three companies -- travel technology firm Travelstack Tech, Learnfluence Education, which operates the 'Lakshya' coaching centres, and tea cafe chain Tea Post --have received approval from Sebi to raise funds through Initial Public Offerings (IPOs), according to an update from the market regulator on Monday. Meanwhile, Rays Power Infra, Madhur Iron & Steel and Arjun Jewellers saw their documents "withdrawn or returned" during March 9-13, the update showed. The development comes at a time when Indian equity markets are under pressure due to the ongoing conflict in West Asia. So far this year, 12 companies have tapped the IPO market to raise funds. One issue is currently underway, while few others are expected to hit the market later this month. According to Sebi data, Travelstack Tech, Learnfluence Education and Tea Post had filed their preliminary IPO documents between June and December and received the regulator's observations during March 10-11. In Sebi's terminology, the ...

Sebi chief urges investors to stay patient amidst global market uncertainty

Sebi chairman Tuhin Kanta Pandey on Saturday urged investors, especially retail ones, to remain patient, terming it the "best strategy" in uncertain times. In remarks made amid the Middle East conflict-induced selling pressures in the markets, Pandey said past episodes of turbulence in markets like the onset of the Covid-19 pandemic or the Russia-Ukraine conflict have shown that things stabilise eventually. The Sebi chief said global efforts are underway to restore stability, even as the ongoing tensions in parts of the world have created uncertainty in energy markets. "For many investors -- especially retail investors -- the best strategy during such a period of uncertainty is to remain patient," Pandey said, speaking at an event here. The chief of the Indian capital markets regulator acknowledged that "uncertainty" dominates the global economic landscape, and added that the same is triggered by technology changes with the adoption of artificial intelligence and geopolitical ...

Sebi tightens rules on intraday MF borrowings; Innovision IPO sees 30% bids

Sebi has tightened rules on intraday borrowing by mutual funds from April 2026, while the Innovision IPO struggles for demand and Raajmarg InvIT sees strong investor interest