Page 6 - Sebi

Sebi overhauls merchant banker rules; introduces capital adequacy framework

Markets regulator Sebi has overhauled merchant bankers rule by introducing capital adequacy framework, requiring a liquid net worth and mandating minimum revenue from permitted activities. The new rules are aimed at ensuring financial stability, improving risk management, and facilitating ease of doing business. Under the new rule, Sebi has allowed merchant bankers to undertake activities falling outside its purview under the same firm subject to certain conditions. In its notification dated December 3, the regulator said that a merchant banker can undertake activities which fall under the purview of any other Financial Sector Regulator (FSR) and activities that do not fall under the purview of the Sebi or any other FSB then such activities should be fee-based, non-fund based activities and pertain to financial services sector. This comes after Sebi board in its meeting held in December 2024 had approved that the non-regulated activities be hived off to a separate legal ...

Sebi launches return verification agency to curb misselling in investments

Genome Valley-based ATGC Biotech and Israel's Luxembourg Industries have formed Semiophore, a 50:50 JV, to commercialise 18 pheromone and semiochemical crop solutions globally

RBI examines Sebi plan on banks in non-agri commodity derivatives: Governor

RBI Governor Sanjay Malhotra says Sebi's move to let banks enter non-agri commodity derivatives requires amending the Banking Regulation Act and is under review after a prior rejection

Avadhut Sathe Academy to challenge Sebi order, denies allegations

Avadhut Sathe Trading Academy says it functions purely as a training institution and does not offer stock tips or advisory services. It plans to challenge Sebi's interim order

Sebi gives RIIT in-principle InvIT nod, allows 6 months for compliance

Markets regulator Sebi has granted in-principle approval to the registration of 'Raajmarg Infra Investment Trust' (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements during the next six months, an official statement said on Friday. As a part of the process to secure final registration, RIIT will be required to meet specific conditions over the next six months. These conditions include appointment of directors, submission of requisite financial statements, and compliance with other regulatory requirements, it added. The statement said InvIT aims to unlock the monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors. under the Sebi Regulations, 2014 Last month, NHAI incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the investment manager for RIIT. RIIMPL has been established as a collaborati

Senior IRS officer Sandip Pradhan takes charge as Sebi whole-time member

Pradhan, a 1990-batch IRS officer, was until recently director general of income tax (investigation) in Pune, where he handled major tax investigations and compliance enforcement

Who is Avadhut Sathe, finfluencer banned by Sebi for unregistered advisory?

Sebi has barred finfluencer Avadhut Sathe and his trading academy from markets, alleging they ran an unregistered advisory scheme that misled over three lakh investors and earned unlawful gains

Sebi impounds ₹546 cr, bars Avadhut Sathe academy for alleged violations

Sebi has barred Avadhut Sathe Trading Academy and impounded Rs 546 crore, alleging the outfit offered unregistered stock advice under the guise of education and misled participants

Less paperwork, more investment: Sebi launches single-window entry for FPIs

The low risk foreign investors identified by Sebi include government-owned funds, central banks, sovereign wealth funds, multilateral entities, highly regulated public retail funds

Sebi introduces single window gateway for low risk foreign investors

Markets regulator Sebi has made it easier for low risk foreign investors to participate in the Indian securities market with the introduction of a single window access, a move aimed at simplifying compliance and enhancing the country's attractiveness as an investment destination. The new framework -- Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI) -- would provide easier investment access to low risk foreign investors, enable a unified registration process across multiple investment routes and reduce repeated compliance and documentation for such entities. The low risk foreign investors identified by Sebi include government-owned funds, central banks, sovereign wealth funds, multilateral entities, highly regulated public retail funds, and appropriately regulated insurance companies, as well as pension funds. According to two separate notifications dated December 1, Sebi introduced the SWAGAT-FI framework for FPIs and Foreign Venture Capital ..

SAT reverses Sebi decision, okays Ketan Parekh's cross-examination

In January, Sebi had issued an ex parte interim order-cum-show cause notice against 22 entities, including Salgaocar (the appellant) and Parekh

Nifty Bank rejig trims HDFC and ICICI Bank heft; shares fall 1.25%

Outflows of over $300 million each

SC rejects RIL plea against ₹30L fine for not disclosing Jio-FB deal

Bench says "bigger the company, greater the responsibility," dismisses appeal over 2020 insider trading violation

SC rejects Reliance plea over ₹30 lakh fine for not disclosing Jio-FB deal

In June 2022, Sebi imposed a penalty of ₹30 lakh on Reliance Industries for not making a prompt clarification to stock exchanges regarding the Jio-Facebook deal

Bombay High Court dismisses petition against WeWork India IPO approval

The petition alleged that WeWork India reported heavy losses and a negative net worth while presenting an overly optimistic growth outlook without adequately disclosing associated risks

Sebi drops adjudication proceedings against Nuvama Wealth and Investment

Regulator finds lapses not serious enough for penalty

Sebi to simplify offer document summaries to aid investor clarity

Markets regulator Sebi is looking to rationalise and simplify the offer document summary to encourage informed investor feedback and reduce reliance on unverified tips, its chairman Tuhin Kanta Pandey said on Monday. This move will also dispense with the Abridged Prospectus, thereby easing compliance requirements for issuers, he added. At present, offer documents are typically voluminous and packed with detailed disclosures across various aspects of an issuer company. To address this, Pandey had stated last month that the contents of the offer document summary for IPO-bound companies would be further streamlined to make them more accessible and useful for investors. Addressing the CII Southern Region in Chennai, Pandey reiterated this stance, noting, "We are proposing to rationalise and simplify the Offer Document Summary, to be made available separately to investors, encouraging informed feedback and reducing reliance on unverified tips". Additionally, he said a comprehensive rev

Sebi wants regulated entities, agents to show name on social media

Sebi on Friday proposed that all regulated entities and their agents should prominently display registered name and registration number on the home page of their social media platforms. This proposal comes after the regulator observed the growing need to clearly distinguish content uploaded by Sebi-regulated persons from material posted by unregistered individuals on social media. According to Sebi, such differentiation is essential to prevent investors from being misled. Further, while publishing videos or any other content on social-media platforms (SMPs), regulated entities should ensure that their material does not include anything prohibited under law or anything that may harm investors' interests, Sebi suggested in its consultation paper. "All persons regulated by the Board and their agents (mutual fund distributors, distributors of portfolio management services, etc) shall prominently disclose their registered name and registration number on the home page of their social med

Sebi reclassifies Reits as 'equity' for mutual fund investments

Sebi has shifted Reits into the equity category for MFs and SIFs from January 2026, limiting debt-fund exposure and paving the way for index inclusion from July 2026

A ₹2,000 reward: Sebi's new plan to turbocharge MF reach in smaller cities

Under this, AMCs will pay these distributors 1 per cent of the first lump-sum investment or the first-year SIP amount, up to Rs 2,000, provided the investor stays invested for at least a year.