Electronic messaging services permitted for notices, summons after a 2021 amendment
India's leading commodity bourse Multi Commodity Exchange (MCX) said on Monday it has received approval from markets regulator SEBI to invest in a proposed coal exchange company. MCX, which received the Securities and Exchange Board of India's approval on April 17, plans to incorporate a new wholly owned subsidiary, likely to be named MCX Coal Exchange Ltd or MCX Coal Exchange of India Ltd, according to a regulatory filing. The exchange said it will commit capital of up to Rs 100 crore to the new subsidiary to meet minimum net worth requirements under draft Coal Exchange Rules, and will initially hold a 100 per cent stake, with the option to bring in strategic partners at a later stage. The new entity will provide a transparent, standardised digital platform for the physical delivery of coal at market-driven prices, and will submit an application to the Coal Controller Organisation of India once prescribed timelines are in place. The move builds on MCX's existing energy derivative
Markets regulator Sebi has extended the registration validity for not-for-profit organisations on the Social Stock Exchange, allowing their enrolment as NPOs for three years without raising funds, and lowered the minimum subscription requirement for issuing Zero Coupon Zero Principal Instruments (ZCZP). The moves are aimed at promoting the SSE (Social Stock Exchange) and facilitating ease of fundraising and encouraging greater participation by NPOs, Sebi said in its circular on Wednesday. Sebi has extended the validity period to three years from the existing two years, during which NPOs can remain registered on the SSE without raising funds. Sebi has taken into account practical challenges faced by NPOs, including delays in statutory and regulatory approvals. "It is being specified that a NPO may register on a SSE and not raise funds through it for a period of two years from the date of registration. Such period of two years may be further extended by one additional years subject t
IPO rejections fell to just two in FY26 as Sebi adopted a consultative approach, allowing more time for issuers to address queries amid record primary market activity
Regulator finds prima facie evidence of manipulation in RRP Semiconductor shares after a 725-fold surge over 19 months, names promoters and intermediaries
Offer comprises ₹300 crore fresh issue and ₹300 crore OFS; proceeds to fund acquisition of subsidiary, repay borrowings and support general corporate purposes
Regulator alleges price manipulation, misleading disclosures and financial irregularities; orders account freeze, forensic audit and probes preferential allotment and promoter share sales
Railway components maker Pioneer Fil-Med Ltd has filed draft papers with the markets regulator Sebi to raise Rs 500 crore through an Initial Public Offering (IPO). The proposed issue comprises a fresh issue of equity shares aggregating Rs 250 crore and an Offer For Sale (OFS) of shares worth Rs 250 crore by existing shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Sunday. The OFS includes stake sales by promoter Pioneer Facor IT Infradevelopers and promoter group entity Aztech India, each proposing to offload shares worth up to Rs 125 crore. The company proposes to utilise the proceeds from the fresh issue towards part financing the cost of establishing a gear box manufacturing facility and a wind generator components manufacturing facility, both at Salarpur in Bhiwadi, Rajasthan, as well as for general corporate purposes. Additionally, the listing of its equity shares on the stock exchanges is expected to enhance the company's brand visibility and provid
The market regulator barred four individuals for two years and imposed penalties after finding evidence of front-running trades linked to foreign portfolio investor Societe Generale
March 24 (Reuters) - India has appointed ompella Venkata Ramana Murty as whole-time member of market egulator Securities & Exchange Board of India for a period of three years, a government otice showed late on uesday.
Sebi WTM Kamlesh Chandra Varshney says recent market correction has made Indian equities attractive for FPIs, while highlighting opportunities for Russian firms to raise capital and list locally
ICAI is coordinating with NFRA to identify overlapping cases and avoid duplication of investigations, aiming to improve regulatory efficiency and oversight
Kompella Venkata Ramana Murty, a 1991-batch Indian Defence Accounts Service officer, appointed whole-time member of Sebi for three years
In an order dated March 9, a three-member SAT bench ruled that the OFCDs issued by SICCL between 1998 and 2008 constituted a public offer, bringing them within Sebi's regulatory jurisdiction
Tribunal says IndusInd Bank's former deputy CEO Arun Khurana has already received documents relied upon by Sebi and cannot seek access to the entire dataset at this stage
Sebi's new rule allows AMCs to offer both value and contra funds with limited portfolio overlap. Here's how the two strategies differ and which investors they suit
Wait for greater clarity on how these funds will be taxed at maturity
As the number of retail investors surges, Sebi Chairman Tuhin Kanta Pandey said the regulator is intensifying surveillance and technology-driven enforcement to curb rising pre-investment scams that divert funds before investors even interact with registered intermediaries. Pandey, whocompleted one year at the helm of the regulator on March 1, noted that many new and intending investors are being misled by fake trading apps, WhatsApp groups and promises of high returns, often diverting funds to personal accounts of fraudsters long before any engagement with Sebi-regulated intermediaries. He stressed that investor caution must evolve beyond mere awareness to informed action, especially given the country's expanding retail base. Responding to a query on pre-investment frauds, Pandey said many individuals intending to enter the markets are being "hijacked by scamsters" even before they reach a Sebi-registered intermediary. "Someone who is intending to come is actually being trapped by
Regulator introduces life cycle funds, expands equity categories and phases out solution-oriented schemes, while permitting equity funds to hold gold and silver
Sebi chief Tuhin Kanta Pandey told investors India is shaping transparent, credible and resilient markets, aiming to attract long-term institutional capital amid global uncertainty