Page 70 - Sebi

Parl panel calls Sebi chief Buch on Oct 24 amid Adani-Hindenburg row

The Public Accounts Committee (PAC) of Parliament has decided to review the functioning of top regulatory authorities in the country and has called heads of SEBI and TRAI for deposition on October 24. Top officials of the Ministry of Finance, (Department of Economic Affairs) and Ministry of Communications have also been asked to appear before the key parliamentary panel, with sources saying representatives of the Securities and Exchange Board of India (SEBI) chairperson Badhabi Puri Buch and Telecom Regulatory Authority of India (TRAI) chairperson Anil Kumar Lahoti are likely to appear before the panel. Sources said the unstated convention in parliamentary practice is that chiefs of institutions have to attend parliamentary panel briefings whenever summoned. The meeting of the key parliamentary panel comes amid a major row over allegations made by US research body Hindenburg against SEBI chairperson Madhabi Puri Much and her husband Dhaval Buch over her alleged links with the Adani

Sebi proposes measures to boost retail participation in G-Sec market

Stock brokers may be allowed in the RBI-operated NDS-OM system for government securities

Sebi grants approval to Jio Financial, BlackRock for setting up MF business

The companies signed a second joint venture in April to set up a wealth management and broking business in the country

NSE pays $76.5 million to settle algorithmic trading software case

The settlement clears a hurdle in the initial public listing of the country's largest stock exchange, for which it had first applied in 2016

Sebi extends exemption from sending hard copies of reports to shareholders

Sebi on Friday extended the relaxation given to listed companies from sending physical copies of financial statements to shareholders for annual general meetings (AGMs) by one more year till September 30, 2025. The relaxation was valid till September 2024. The fresh decision comes after Ministry of Corporate Affairs (MCA) through a circular on September 19, 2024, extended the relaxation from sending physical copies of financial statements (including board's report, auditor's report or other documents) to shareholders, for AGMs conducted till September 30, 2025. Also, the Securities and Exchange Board of India (Sebi) had received representations to extend the relaxation. Against this backdrop, the markets watchdog has decided to provide relaxation till September 30, 2025, from LODR (Listing Obligations and Disclosure Requirements) Regulations, pertaining to dispatching of hard copies to shareholders. The LODR rules require listed companies to dispatch a hard copy of the statement .

Broking stocks end mixed after Sebi's new F&O framework tightening

Shares of other listed brokerages fell as investors digested the impact of the stricter trading rules

Sebi reduces trading lot size of privately placed InvITs to Rs 25 lakh

Markets regulator Sebi has drastically reduced the trading lot size of privately placed infrastructure investment trusts (InvITs) to Rs 25 lakh in a bid to boost investors' participation and increase liquidity of such investment vehicles. The current trading lot for secondary market trading for privately placed InvITs is set at Rs 1 crore. Further, if the InvIT invests at least 80 per cent of its asset value in completed and revenue-generating assets, then the trading lot is Rs 2 crore. "Trading lot for the purpose of trading of units on the designated stock exchange shall be Rs 25 lakh," Sebi said in its notification dated September 26. The move came into effect the same day. The move will help increase the liquidity of privately placed InvIT units by permitting a broader base of investors to participate in the market and boost diversification of investment portfolios. In separate notifications, Sebi has amended its rules on infrastructure investment trusts (InvITs) and real estat

BSE to keep weekly options tied to Sensex despite new derivative rules

The new rules followed a spurt in retail investors trading options, which the regulator and the government viewed as a risk to household finances

Brokers to offer UPI-based trading or 3-in-1 account to investors by Feb 1

A three-in-one trading account combines a savings account, a demat account, and a trading account into a single integrated solution.

Stock Market Today: Iran-Israel war, Sebi F&O rules, KRN Heat IPO listing

GIFT Nifty signals a gap-down opening for benchmark indices Sensex and Nifty50 on Thursday, hinting a weak start for the markets.

Sebi's six-step measures seen making a dent in F&O volumes by up to 40%

The steps are intended to raise the entry barrier for retail investors, whose losses have been mounting, as per a recent study by the watchdog

Explained: Sebi's new asset class and how it can benefit HNI investors

The new asset class will fill the void between mutual funds and PMS, providing investors with a viable option for investments between Rs. 10 lakh and Rs. 50 lakh.

Best of BS Opinion: Ease of market investing, Good enough vs ideal and more

Here is the best of Business Standard's opinion pieces for today

Videocon case: Sebi issues Rs 1 cr demand notices to Dhoot, 2 others

Capital markets regulator Sebi has sent demand notices to industrialist Venugopal Dhoot and two other entities, asking them to pay nearly Rs 1.03 crore for insider trading activities in the shares of Videocon Industries. The regulator has warned Venugopal Dhoot of arrest and attachment of his bank accounts and assets as well as other entities if they fail to make the payment within 15 days. Apart from Dhoot, the other two entities who have been sent notices are Electroparts (India) Pvt Ltd and Videocon Realty and Infrastructures. The demand notices came after these entities, including Dhoot, failed to pay the fine imposed on them by the Securities and Exchange Board of India (Sebi) in September 2021. In the event of non-payment of dues, the market watchdog will recover the amount by attaching and selling the moveable and immovable properties of these entities, the regulator said in three separate notices. Besides, they face attachment of their bank accounts and detention. In Sept

AMC scrips rally on new asset class; Nippon Life India up 5.2% on BSE

Aditya Birla Sun Life ends trading day 4.4% higher

Flexibility to markets: Sebi's new measures help both investors and issuers

The regulator has been under pressure with accusations of a toxic work culture and allegations of conflict of interest against the chairperson

Brokerages revise charges as Sebi's true-to-label norms take effect

Angel One has revised upwards its charges, while Zerodha has maintained the status quo on rates for now

Sebi tightens rules for booming equity derivatives market effective Nov 20

Sebi said that existing regulatory measures have been reviewed to ensure investor protection and the orderly development and strengthening of the equity derivatives market

Sebi to announce F&O curbs soon; changes to be enacted via circular

The market regulator had proposed seven key measures to curb retail participation in index futures and options (F&O) to limit losses

Rahee Infratech files IPO papers with Sebi, aims to raise Rs 420 crore

Rahee Infratech Ltd, an integrated railway civil engineering, manufacturing and construction firm, has filed preliminary papers with markets regulator Sebi for raising funds through an Initial Public Offering (IPO), comprising Rs 420 crore through fresh issuance of shares. Apart from fresh issues, the offer will have an Offer For Sale (OFS) component of 27.8 lakh equity shares by its promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. The Kolkata-based company may also consider raising Rs 84 crore in a pre-IPO placement round. If such placement is carried out, the fresh issue size will be reduced. Proceeds from the fresh issue to the extent of Rs 50 crore will be utilised for the purchase of machinery, equipment and vehicles; Rs 280 crore for funding the working capital requirements of the company and the rest for general corporate purposes. Rahee Infratech is focused on providing manufacturing and construction services including the design, supply, ..