Page 5 - Sebi

Sebi may partly reverse derivative settlement rules after pushback

Sebi may use the last 30 minutes' volume-weighted average price for derivatives settlement, while retaining closing auctions for less liquid stocks

Sebi CAS review draws over 20K responses; traders resist VWAP shift

FIA, a global body of traders and exchanges, favours the 30-minute CTS-VWAP option and continuous trading till 3:30 pm

Sebi examining position limits for non-agri contracts to boost liquidity

Market regulator Sebi is examining position limits for non-agricultural contracts to improve liquidity and depth without weakening risk controls, its chairman Tuhin Kanta Pandey said on Saturday. Speaking about reforms in the commodity derivatives market, Pandey said the market design should allow contracts to gain scale. In some agricultural commodities, physical settlement from the outset can impede market development, and a phased approach could allow contracts to mature before physical settlement becomes mandatory. He said Sebi has completed consultations on the matter and guidelines will follow. The regulator is also working to reduce structural friction in commodity markets, including engaging with stakeholders on GST-related issues affecting participants who give or receive commodities through exchange platforms. Pandey said technology should serve the specific needs of commodity markets, which include producers, commercial users, farmers, processors and physical ...

Sebi to soon issue framework on CAS; receives over 3,500 comments

Market regulator Sebi will soon issue a framework on proposed changes to the Closing Auction Session (CAS) mechanism after receiving more than 3,500 comments on its consultation paper, its Chairman Tuhin Kanta Pandey said on Saturday. The Securities and Exchange Board of India (Sebi) had sought public comments on its proposal to review certain aspects of the CAS, market timings and the settlement methodology for derivative contracts. The deadline for submitting comments is October 3. Asked when the final framework or circular on CAS can be expected, Pandey said the regulator would quickly examine the responses and move ahead with the process. "Today is the last date, and we will actually quickly look at all these comments and go ahead, because I think our proposals are quite clear," Pandey said at an event organised by CPAI (Commodity & Capital Market Participants Association of India). The regulator would not require much time to compile and analyse the responses as the proposals

Sindhuja raises ₹100 crore via NCDs; Carlsberg gets Sebi approval for IPO

Sindhuja Microcredit raised ₹100 crore through NCDs, while Carlsberg India received Sebi's observations for a ₹6,600 crore IPO involving a stake sale by its parent

Sebi revamps document verification system to curb fake letters and notices

Recipients can verify the origin of Sebi letters and notices by entering details including the subject, now a mandatory field; the check does not authenticate their contents

Sebi keeps Inox Clean Energy's IPO papers to raise ₹10K cr in abeyance

Markets regulator Sebi has kept in 'abeyance' the draft offer documents of Inox Clean Energy Ltd, which is looking to raise up to Rs 10,000 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up to Rs 8,000 crore and an offer-for-sale (OFS) of shares, amounting to Rs 2,000 crore by promoter Devansh Jain, according to the draft red herring prospectus (DRHP). The status of the issue was updated by the Securities and Exchange Board of India (Sebi) on Thursday under the list of IPOs whose observations have been kept in abeyance. The company had filed its draft papers with the regulator on September 29. Without specifying reasons, the regulator stated that the "issuance of observations (has been) kept in abeyance", according to an update on its website. The proposed issue could rank among the largest IPOs in India's private-sector renewable energy space. Inox Clean Energy, part of the INOXGFL Group, proposes to use the procee

Sebi to make investor awareness messages mandatory on broker apps, sites

Market watchdog Sebi has asked stock brokers to display investor awareness messages on their websites and trading apps under its initiative Project Jagrook. This is part of Project Jagrook -- Sebi's nationwide investor awareness initiative -- and the upcoming World Investor Week 2026. From October 5 to 31, all stock brokers will be required to display the "investor awareness message(s)" shared by Sebi and the 'Risk disclosures' on their websites, the regulator said in its circular on Thursday. From November 1 onwards, they will be required to display the specified investor awareness messages on the landing page of their websites. Regarding trading apps, Sebi said all stock brokers may display the investor awareness messages on their trading apps on a voluntary basis from October 5 to October 31.During this period, if on any day, the stock broker chooses to display the specified investor awareness messages on its trading app, the display of the risk disclosures will be optional. Fr

Anarock Property Consultants files draft papers for ₹1,000 crore IPO

Real estate consultancy firm Anarock Property Consultants Ltd has filed draft papers with capital markets regulator Sebi to raise Rs 1,000 crore through an Initial Public Offering (IPO) to fund its technology push, business expansion and acquisitions. The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 550 crore and an Offer For Sale (OFS) of up to Rs 450 crore, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday. Under the OFS, promoter selling shareholders Peter Properties Ltd and Khushi Trust, along with investors including various funds managed by 360 ONE, Om Sai Trust and Colared Consultants and Traders LLP, will offload shares. The company may also consider a pre-IPO placement of up to Rs 110 crore. If such a placement is completed, the size of the fresh issue will be reduced accordingly. The company said it plans to deploy the proceeds from the fresh issue towards organic and inorganic growth, including investments in artificial

NSE moves closer to corporate bond index futures after Sebi nod

NSE has received Sebi's no-objection certificate to introduce corporate bond index futures, with the proposed product still requiring RBI approval.

Sebi, RBI working to ease FPI onboarding, facilitate bond indices: Pandey

Regulators are working to make FPI registration faster and digital, streamline KYC and facilitate bond indices as foreign investor access to Indian markets expands

Inox Clean Energy plans ₹10,000 crore IPO, files papers with Sebi

The proposed issue comprises a fresh issue of up to ₹8,000 crore and an offer for sale of up to ₹2,000 crore by the selling shareholder

Gautam Adani, 4 group companies settle matter with Sebi on MPS norms

Gautam Adani, four Adani group firms and 13 others paid a cumulative ₹1.48 crore to settle proceedings over alleged non-compliance with minimum public shareholding norms.

Sebi finds no evidence Vinod Adani controlled FPIs, drops Adani MPS case

Sebi said there was no evidence of Vinod Adani directing the management or policy decisions of two FPIs that invested in listed Adani group companies.

SAT disposes of appeals by five FPIs named in Hindenburg report

The five FPIs had moved SAT claiming that Sebi rules mandate the adjudicating officer to form an opinion on whether a formal inquiry should be held

Pioneer Fil-Med, Tonbo Imaging among 3 firms to get Sebi nod for IPOs

Pioneer Fil-Med, Tonbo Imaging India and Functional & Innovative Foods have secured approval from capital markets regulator Sebi for their proposed initial public offerings (IPOs), paving the way for the three companies to proceed with their public issue plans. The draft offer documents of the three companies were received by Sebi between April and August. After reviewing the documents, the regulator gave its observations during September 21-25, an update with the markets watchdog showed on Monday. The regulator's observations are a key regulatory step that enables companies to proceed with their IPOs, subject to applicable laws and other requirements. Railway components maker Pioneer Fil-Med's proposed Rs 500 crore IPO comprises a fresh issue of equity shares worth Rs 250 crore and an Offer for Sale (OFS) of shares worth Rs 250 crore, according to its draft papers. The OFS will comprise stake sales by promoter Pioneer Facor IT Infradevelopers and promoter group entity Aztech ...

Sebi's settlement norms overhaul: Rejig may aid diverted funds' recovery

The regulator's approved settlement framework includes changes on settlement amount calculation, wrongful gains, fast-track cases and wider access to settlement

Trans ACNR, Maharashtra Oil among nine firms filing IPO papers with Sebi

Nine companies, including Trans ACNR Solutions and Maharashtra Oil Extractions have filed preliminary papers with markets regulator Sebi for IPOs, joining a growing list of firms tapping the primary market to raise capital for expansion, debt repayment and other corporate requirements. Trans ACNR Solutions has filed its preliminary papers through the confidential pre-filing route, while the other eight firms -- Maharashtra Oil Extractions, Jagatjit Agri Engineering, Jai Parvati Forge, Koolking Industries India, Sai Infinium, SG Encon, Mount Everest Breweries and Ultravibrant Integrated Energy -- have filed standard public draft documents with Sebi. The filings were made between September 21 and September 26. The proposed initial public offerings (IPOs) are aimed at raising funds for a range of purposes, including business expansion, working capital requirements, repayment of debt and general corporate purposes. Under the confidential pre-filing mechanism, companies can submit draft

Registered advisors, distributors assess Sebi's MF-only PMS route

They see multiple advantages - from performance visibility to client stickiness

Sebi approves PMS-mutual fund route and overhauls settlement rules

Widens FPI access to non-agri commodity derivatives