Page 8 - Sebi

Pranav Constructions' ₹351 cr IPO to open on Sep 7 at ₹118-124/share

Pranav Constructions has set a ₹118-124 price band for its ₹351-crore IPO, comprising a fresh issue of ₹315.6 crore and an OFS worth ₹35.4 crore

Zerodha receives Sebi nod to foray into investment banking business

Zerodha Corporate Advisors can now manage IPOs and offer corporate finance and issue-related services as the group broadens its business beyond broking

Nalco faces ₹28.6 lakh fine from NSE, BSE over Sebi non-compliance

The two exchanges imposed a penalty of Rs 14.31 lakh each for violations related to the composition and functioning of the company's board and committees

IFCI share price spurts 11%, nears ₹100-mark after an 18-year gap

On Wednesday, IFCI quoted at its highest level since January 2008 and hit a record high of ₹121.20 on December 17, 2007.

GIFT dual-listing plan gathers pace; Sebi, IFSCA talk with stakeholders

Regulators are examining listing, public float, taxation, currency and surveillance rules for Indian companies seeking to raise funds from global investors at GIFT City

Street signs: MSCI rebalancing litmus test for CAS, race to the top & more

MSCI flows, mega IPOs and derivatives auction reforms put India's market infrastructure and investor participation under the spotlight

Sebi bars Debock Industries, promoter for seven years in fraud case

Regulator orders disgorgement of ₹59.30 crore with interest and directs Debock to bring back ₹49 crore allegedly diverted from its 2023 rights issue

Sebi bars Trafiksol ITS, promoters from securities market for one year

Regulator imposes penalties totalling ₹1.05 crore over alleged lapses in the ₹44.87 crore SME IPO, including misleading disclosures and concealment of material facts

Sebi gives green light to Jio Platforms IPO, six other public offers

Jio Platforms' IPO will comprise a fresh issue of up to 270 million shares with a face value of ₹10 each, with the price to be set through book-building

Sebi plans bigger institutional role in public offers by small firms

The regulator is also mulling raising the limit on the size of ​companies that can list on platforms dedicated to small firms and mandating larger operating profit requirements before listing

Sensex sees sharpest late-session fall since closing auction rollout

Sensex's indicative price fell more than 2,000 points during the Closing Auction Session before recovering; traders blamed CAS, but Sebi ruled out changes

Pushp Brand gets Sebi nod for IPO, investors to partially divest stake

Packaged spices company Pushp Brand (India) has received approval from Sebi to float an initial public offering (IPO), the markets regulator said on Thursday. The IPO is an Offer for Sale of up to 74.45 lakh equity shares by existing shareholders. The company, which filed preliminary IPO papers in June, obtained 'final observation' from the regulator on August 27, the update showed. The receipt of Sebi observation is a key step in the IPO process, following which the company can proceed with further preparations for the public issue, subject to applicable regulatory requirements. The OFS will include shares held by promoters Surendra Kumar Surana and Mahendra Kumar Surana, as well as investor shareholders A91 Emerging Fund I LLP and Sixth Sense India Opportunities III. A91 Emerging Fund I, which invested about Rs 125 crore in the company in 2020, holds a 20.14 per cent stake and will sell only part of its holding. Sixth Sense India Opportunities III, which invested around Rs 101

Retail traders' F&O losses stay high: How investors can limit the damage

Nearly 88% of individual F&O traders lost money in FY26. High leverage, frequent trading and behavioural mistakes can amplify losses, making disciplined risk management essential

Zee approaches SAT seeking one-day extension to complete fundraise

The media firm is seeking relaxation for the pending infusion of Rs 76 crore of the Rs 3,143 crore fundraise after a portion was remitted a day later

Sebi bars Varanium Cloud, promoter from securities market for seven years

The regulator has directed promoter Harshawardhan Sabale to disgorge Rs 128.77 crore in unlawful gains and imposed monetary penalties on him and the company

Sebi drops Max, Axis entities case over alleged ₹3,911 cr shareholder loss

Sebi has disposed of proceedings against Max Financial Services, Max Life, and Axis Group entities over an alleged Rs 3,911 crore shareholder loss, with the markets regulator finding that disclosure lapses and a fraudulent scheme were not established. Max Life Insurance Company is now known as Axis Max Life Insurance. The Securities and Exchange Board of India (Sebi), in a final order passed on Monday, dropped proceedings against seven individuals, including Max Group founder and Chairman Analjit Singh. The proceedings arose from a Show Cause Notice (SCN) issued on October 24, 2024, following an investigation into transactions between the Max and Axis entities during 2009-10 to 2021-22. Sebi had examined three sets of arrangements entered into in 2010, 2015 and 2020. The case centred on allegations that Max Financial failed to make adequate and timely disclosures about the transactions and that Max Financial, Max Life, and Axis entities devised a scheme that provided undue benefit

Closing Auction System set for first monthly derivatives expiry test

Tuesday's expiry will see a broader swath of derivatives positions, including physically settled single-stock options, tied to the auction-generated closing prices

JPMorgan India unit to argue that any regulatory breach was technical

JPMorgan's Mauritius unit is likely to seek clarification from Sebi over alleged market manipulation, while avoiding an immediate appeal against the regulator's order

Sebi seeks inclusion of fractional shares in Companies Amendment Bill

Sebi has asked the Ministry of Corporate Affairs to recognise the issuance and holding of fractional shares, which could widen investment options for retail investors

SAT rejects Parekh plea on Capital Group traders' cross-examination

Sebi had barred Parekh and Singapore-based trader Rohit Salgaocar in January 2025 for alleged front-running of trades of a US-based foreign portfolio investor