Page 51 - Sebi

Sebi cracks down on 'finfluencers' with new rules on stock education

Sebi's latest circular states that stock market educators can only use stock prices with a three-month lag, effectively preventing them from offering real-time trading tips disguised as education

Sebi to auction properties of HBN Dairies in Feb at Rs 83 cr reserve price

Capital markets regulator Sebi will auction 26 properties of HBN Diaries & Allied Ltd for a reserve price of Rs 83 crore in February. The move is part of the markets watchdog's effort to recover money raised by HBN Dairies & Allied through illicit collective investment schemes. The order came after the Supreme Court in its order on May 14, 2024 authorised Sebi to sell the assets of HBN Dairies & Allied Ltd (HBN) with the active involvement of the liquidator. The Securities and Exchange Board of India (Sebi) initiated the process for the sale of the assets after HBN and its directors -- Harmender Singh Sran, Amandeep Singh Sran, Manjeet Kaur Sran and Jasbeer Kaur -- failed to refund investors' money. The properties to go under the hammer include plots, land parcels, and commercial shops, Sebi said in a notice on January 22. The properties are located in New Delhi, Gujarat, Maharashtra, Punjab, Madhya Pradesh and Chhattisgarh and will be auctioned at a reserve price of Rs ...

Sebi bars intermediaries from sharing info with unauthorised advisers

Sebi-registered intermediaries are not allowed to make or receive payments or share client information with anyone engaged in providing unauthorised advice or making unapproved return claims, the regulator clarified on Wednesday. "Sharing client information is of similar nature as of 'referral of a client'. Hence, making any payment or receiving payment or sharing any client information from or with any person shall amount to "association" under these regulations, and is not permitted," Sebi said in a detailed frequently asked questions (FAQs). The term "association", it said, includes any money transaction, referring a client, sharing information between systems or any similar type of relationship. However, the regulator said that persons regulated by Sebi and their agents can associate with others for branding, marketing, or promotional activities, as long as the other person is not involved in the prohibited activities, including providing unauthorised advice or making unapproved

Sebi mulls amending investor charter for stock brokers to protect consumers

Markets regulator Sebi on Wednesday proposed reviewing the investor charter for stock brokers in a bid to boost financial consumer protection alongside enhanced financial inclusion and financial literacy. The proposal is also in view of the recent developments in the securities market including introduction of Online Dispute Resolution (ODR) platform and SCORES 2.0 - a web based centralized grievance redressal system of Sebi. In its consultation paper, Sebi has proposed to modify the investor charter for stock brokers and sought comments on the proposal till February 17. The proposed modified charter would include vision, mission, services provided to investors by brokers, various activities of brokers with timelines, DOs and DON'Ts for investors, grievance redressal mechanism and handling of investor's claims in case of default of a trading member along with the format for investor complaints data to be displayed by brokers on their respective websites and trend of annual disposal

Sebi gives nod to IPOs of Varindera Constructions and two others

The engineering, procurement, and construction company Varindera Constructions plans to raise Rs 1,200 crore through the issue

Sebi cancels registration of 4 stock brokers including GACM Technologies

Markets regulator Sebi on Wednesday cancelled the registration of four stock brokers -- Single Window Securities, Sunness Capital India, GACM Technologies and Infotech Portfolio -- after they failed to meet the registration requirements. The main reason for cancelling the registration certificate of these entities is to prevent them from misusing their Sebi registration without being a member of a recognised stock exchange, on unaware investors, the regulator said in four separate orders. Despite the cancellation of their registration, these entities remain liable for any actions they took or failed to take as stock brokers. They are also responsible for paying any outstanding fees, dues, and interest owed to Sebi, it added. In its orders, Sebi said that four stock brokers were granted registrations subject to certain conditions, including the condition that they continue to be members of a recognised stock exchange. Considering these entities are no longer members of any stock ...

Sebi rejects Digvijay Gaekwad's plea for Religare Enterprises open offer

US-based entrepreneur had sought nod to launch competing open offer

Sebi develops web-based portal for reporting glitches by exchanges, MIIs

Markets regulator Sebi on Tuesday said it has developed a web-based portal for submission of preliminary and final root cause analysis (RCA) reports of technical glitches by stock exchanges and other market infrastructure institutions (MIIs). The new portal -- Integrated SEBI Portal for Technical Glitches (iSPOT) -- is aimed at streamlining the reporting process of technical glitches across MIIs as well as creating a centralized repository of technical glitches. Presently, the MIIs -- stock exchanges, clearing corporations and depositories -- are required to report information about technical glitches and submit the Root Cause Analysis (RCA) reports to Sebi on a dedicated email ID . In its circular, the regulator said, "The preliminary and RCA report of technical glitch shall be shared by the MII with Sebi through a dedicated web-based portal of SEBI viz. iSPOT". This would help to improve the data quality, traceability of historical submissions related to technical glitches at the

Religare was undervalued; my offer benefits shareholders: Gaekwad

We have full faith in Sebi, Modi government, Gaekwad said

Govt invites applications for Sebi chief post as Buch's term ends on Feb 28

Last day for submission is February 17; Buch extension also not ruled out

Small steps to equity: Lowering SIP threshold should increase penetration

While Sebi may be prepared to subsidise the scheme to some extent, there would still be little headroom to publicise the sachet schemes or invest in distribution

Gaekwad's Religare counter offer beyond Sebi's 15-day window: Burmans

In a statement, a spokesperson for the Burman family said Gaekwad has not made any competing open offer

Shreeji Shipping Global files draft papers with Sebi to raise funds via IPO

Shreeji Shipping Global Ltd, which provides shipping and logistic solution for dry bulk cargo, has filed draft papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The IPO is entirely a fresh issue of 2 crore equity shares, according to the draft red herring prospectus (DRHP). The company is planning to use Rs 289.4 crore out of the IPO proceeds for acquisition of dry bulk carriers in the supramax category in the secondary market, and further use Rs 19.5 crore for repaying debt. As of September 2025, the company had a total borrowings of Rs 264.54 crore, the draft papers filed on Friday showed. The flagship company of Jamnagar-based Shreeji Group primarily focuses on non-major ports and jetties, particularly along the west coast of India. Until September 2024, it has provided services at more than 20 ports and jetties including major Indian ports at Kandla, non-major ports at Navlakhi, Magdalla, Bhavnagar, Bedi and Dharma

Sebi launches digital knowledge repository 'Dharohar' on Republic Day

Capital markets regulator Sebi on Sunday said it has launched a digital knowledge repository, "Dharohar - Milestones in the Indian securities market", on the occasion of the country's 76th Republic Day. The securities market, known for its diverse products, participants, and institutions, has a long-standing history of organised trading over the past 150 years, Sebi said. "Dharohar has been designed to document and showcase this rich heritage and evolution of the Indian securities market," the regulator said in a statement. The repository features a website that also includes an interactive timeline of significant events and 3D galleries, offering an engaging experience to visitors, it added. It is designed to cater to a wide audience, including students, investors, researchers, journalists, market participants and the general public offering insights into the market's diverse products, participants, and institutions. With over 3,000 assets, Dharohar documents the market's journey

US businessman Gaekwad takes on Burmans in Religare takeover battle

The counter offer of Rs 275 a share in cash was made late Friday evening, just two days before the open offer of Rs 235 a share made by the Burman family of the Dabur group opens on Monday

Assessing fund performance: Run the numbers, then do qualitative checks

Rely on multiple metrics to derive a holistic picture of performance. Also, compare a fund's performance with its category peers or the appropriate benchmark

Market regulator Sebi bars Suumaya Industries' promoters for alleged fraud

Inflated financials fuelled 200x gain in stock price

PC Jeweller settles Sebi case for Rs 7.23 crore over LODR violations

Sebi had issued a show-cause notice to the company in February 2024 for allegations of non-disclosure or delayed disclosure of defaults on loans

Religare's independent directors say Burmans' open offer price low

Shareholders must evaluate the offer carefully and also not the conditions RBI has set for it, they say

EPack Prefab Tech files IPO papers to raise Rs 300 cr via fresh issue

EPack Prefab Technologies has filed draft papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO). The IPO comprises fresh issues of shares worth Rs 300 crore and an Offer For Sale (OFS) of 1 crore shares by promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Tuesday. The Greater Noida-based company may consider raising Rs 60 crore in a pre-IPO placement round. If such placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the extent of Rs 101.62 crore will be used for setting up a new manufacturing facility at Ghiloth Industrial Area at Alwar in Rajasthan; Rs 58.10 crore for expansion of the existing manufacturing facility at Mambattu in Andhra Pradesh for increasing the pre-engineered steel building capacity; Rs 70 crore for payment of debt and a portion will be used for general corporate purposes. Incorporated in 1999, EPack Prefab Technologies provides Pre-Engineered Building (PEB) .