Page 43 - Sebi

Sebi plans to improve tenure, maturity of equity products: Tuhin Pandey

He said that volumes in the cash market have grown rapidly, doubling in terms of daily traded volumes over a three-year period

Sebi may introduce regulated platform for pre-IPO firms: Tuhin Kanta Pandey

The markets regulator, Sebi, may introduce a regulated platform where pre-IPO (initial public offering) companies can trade after making certain disclosures, its chairman Tuhin Kanta Pandey said on Thursday. This initiative would be on a pilot basis, he said. Speaking at an event organised by FICCI, Pandey said pre-listing information is often not enough for investors to make an investment decision. He hinted at an initiative "on a pilot basis for a regulated venue where pre-IPO companies can choose to trade subject to certain disclosures." This initiative is expected to eliminate unnecessary processes and pain points that cause avoidable friction in fundraising, disclosures and investor onboarding, he said. Additionally, this will explore emerging areas, products and asset classes that create both demand and supply of capital. When asked whether there is any discussion with depositories on the pre-IPO trading platform, he said, "This is only in principle with what I'm stating".

Sebi may raise minimum block deal size, widen permissible price range

Discusses framework reform with exchanges, market participants

Mindspace Reit raises Rs 550 cr via sustainability-linked bonds from IFC

Mindspace Reit has raised Rs 550 crore through sustainability-linked bonds from IFC, the World Bank Group arm, in the first issuance under Sebi's new ESG framework

Stock exchanges freeze more promoter demat accounts for non-compliance

The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12

Vedanta demerger faces delay as Centre objects, Sebi issues warning

Vedanta's plan to split into six listed entities has been delayed after the Centre objected and SEBI issued a compliance warning, intensifying regulatory scrutiny

Innovatiview India, Park Medi World, 3 others get Sebi nod for IPO launch

Innovatiview India, Park Medi World, Runwal Enterprises, Jinkushal Industries and Advance Agrolife received Sebi's go-ahead to launch their maiden public issues

Vedanta shares fall 3% as Centre objects to demerger; NCLT defers hearing

The NCLT deferred the hearing on Vedanta's proposed demerger after serious objections raised by the central government

Sebi's index norm relaxation to ease $1 bn sell-off risk for HDFC, ICICI

Sebi's proposed relaxation of index realignment norms could reduce potential $1 billion sell-off risk for HDFC and ICICI Bank, which are heavily weighted in the Nifty Bank index

Listed firms, open offers may gain from Sebi's relaxed MPS stance

Sebi's proposal to extend timelines for the 25% minimum public shareholding requirement could provide flexibility to listed companies and open offers, according to legal experts

Tax relief on inherited shares: Sebi floats proposal for smoother transfer

Sebi steps in to clear tax confusion over inherited shares, proposing a fix to stop nominees from being wrongly taxed before passing assets to heirs

Sebi proposes lower dilution for mega IPOs, extended MPS timelines

Sebi has proposed easing IPO rules for companies with over ₹5-trn market cap by lowering dilution norms and extending timelines to meet public shareholding requirements

CleanMax to raise ₹5,200 cr via IPO; DRHP filed with Sebi for approval

The IPO, with a face value of ₹1, comprises a fresh issue of shares worth up to ₹1,500 crore and an offer-for-sale of up to ₹3,700 crore by promoters and investors

Sebi mulls glide path to enforce index caps on Nifty Bank, Bankex

In May, Sebi had issued rules capping the weight of the top constituent in such indices at 20 per cent and the combined weight of the top three at 45 per cent

Seafood startup Captain Fresh files for $400 mn India IPO with Sebi

Captain Fresh has confidentially filed for a $400 million IPO in India, targeting a $1 billion-plus valuation as it expands its tech-driven seafood supply chain platform

Sebi extends deadline for margin pledge implementation to October 10

Markets regulator Sebi on Monday extended the deadline for the implementation of framework pertaining to the process of margin obligations via pledge and re-pledge within the depository system to October 10. This was scheduled to come into effect from September 1, 2025. The extension came after Sebi received representation from depositories -- CDSL and NSDL -- requesting for an extension of time to carry out system developments and to ensure system readiness by carrying end-to-end testing. "Based on the same and in order to ensure smooth implementation without any disruption to the market players and investors, it has been decided to extend the timeline for implementation to October 10, 2025," Sebi said in its circular. Under the framework, Sebi introduced a mechanism where clients' securities, upon invocation, will be blocked for early pay-in within the client's demat account. The move will reduce chances of brokers misusing securities while ensuring a clear transaction trail. Al

Sebi reports spike in settlement pleas; 703 filed, 284 cleared in FY25

Markets regulator Sebi has seen a significant increase in settlement pleas as it received as many as 703 applications to settle violations of securities norms in 2024-25, indicating a trend towards resolving disputes without going through lengthy litigation processes. In the financial year 2023-24, the regulator had received 434 settlement pleas. Of these 703 settlement applications in FY25, the regulator disposed of 284 by passing appropriate settlement orders during the year, while another 272 applications were returned, rejected, or withdrawn, according to Sebi's 2024-25 annual report. The settlement mechanism allows entities to resolve cases with the Securities and Exchange Board of India (Sebi), without going through lengthy litigation, by paying a settlement fee and complying with certain conditions. For the 284 applications that were settled, Sebi collected Rs 798.87 crore towards settlement charges, in addition to Rs 64.84 crore as disgorgement charges. The settlement orde

Sebi plans review of MTF margin rules to streamline risk management

Markets regulator Sebi is looking to review the margin framework under margin trading funding (MTF) in a bid to streamline risk management at clearing corporations. In its annual report for 2024-25, Sebi said a "comprehensive review exercise is being undertaken with respect to the currently applicable margining framework." Alongside this, a review of MTF and the scrips eligible under it is also under consideration. Margin trading lets investors buy shares even if they do not have the full amount. They can purchase shares by paying only part of the price, while the rest is covered through a margin deposited in cash or as shares kept as collateral. In addition to the review of margin rules, Sebi is also considering changes to the regulatory framework for angel funds. The review will focus on fundraising processes, investment conditions, and operational aspects, with the objective of facilitating ease of doing business and streamlining regulatory requirements. Angel funds play a pivo

RSB Retail files for ₹500 crore IPO to boost expansion and repay debt

The proposed IPO comprises a fresh issue of equity shares worth up to Rs 500 crore and an offer for sale of up to 29.8 million shares by existing shareholders

Research analysts fail to keep pace with swelling stock investor base

There's only one RA per 73,000 investors now, as against one per 44,000 before pandemic