Page 24 - Securities And Exchange Board Of India

Six short-sellers in Adani stocks under ED, Sebi lens for insider trading

SC report, stock revival to help Adani group raise Rs 21K cr: Bankers

Adani-Hindenburg case: SC grants Sebi time till August 14 to submit report

While granting the extension, CJI DY Chandrachud said that the proceedings shall be listed after the summer recess

Adani-Hindenburg: May grant Sebi a three-month extension for probe, says SC

In April, Sebi moved the SC and sought a six-month extension to complete its probe

Adani-Hinderburg row: Expert panel submits its findings to Supreme Court

The expert panel looking into the matter is chaired by former Supreme Court judge AM Sapre

India Inc registers surge in independent directors quitting their jobs

IDs are responsible for both legal and regulatory obligations. They can raise red flags and register their disagreement on board matters

Market regulator Sebi issues show-cause notice to Brightcom Group, promoter

In interim order, regulator says company painted a 'rosy picture' of its financial statements

Complying with Sebi's new rules will be challenging, onerous: AIF industry

Some believe alternative investment funds may face teething issue but the regulatory changes will eventually improve governance

Market regulator Sebi slaps show-cause notice on Royal Orchid Hotels

Sebi has provided a period of 21 days to the company, promoters CK Baljee and Keshav Baljee, and CFO Amit Jaiswal to file their reply or objections

Sebi to put in place framework to prevent frauds by stock brokers

To strengthen corporate governance norms, Sebi decided to end the practice of individuals having permanent seats on boards of listed companies

Deadline for nomination for demat, trading accounts extended till Sept 30

Decision taken on the basis of assessment of accounts where it has not been updated yet, says Sebi

Here's how China, India plan to overhaul their financial sector regulations

The plans by both nations have become more significant in the wake of the convulsions expected in the global financial market with the sudden collapse of the Silicon Valley Bank

Sebi board to approve new ESG framework at upcoming meeting on March 29

Adani-Hindenburg saga may be discussed

Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos

After the Paytm's IPO fiasco, Sebi has turned cautious while giving clearance to the initial share sales as it has returned the preliminary papers of half a dozen companies, including Oravel Stays, which operates hospitality chain OYO, in over two months. These companies have been asked to re-file their draft red herring prospectus (DRHP) with certain updates. Apart from OYO, the firms whose draft papers have been returned by the regulator are -- Go Digit General Insurance Ltd, a firm backed by Canada-based Fairfax Group; home-grown mobile maker Lava International; B2B payments and services provider Paymate India; Fincare Small Finance Bank India and integrated services company BVG India, according to an analysis of data with Sebi . The six companies had filed their preliminary initial public offering (IPO) papers with Sebi between September 2021 and May 2022 and their papers were returned during January-March (till March 10). Together, these companies were hoping to raise at least

Sebi comes out with requirement to process investors' service requests

Capital markets regulator Sebi on Friday came out with simplified procedural requirements for processing investors' service requests by registrar and share transfer agents (RTAs) to push ease of doing business. In addition, the regulator has issued framework for furnishing PAN, KYC (Know Your Client) details and nomination by holders of physical securities. This came after Sebi received representations from investors regarding difficulties being faced by them with regard to certain procedural aspects of guidelines and varied interpretations pertaining to the documentation required for processing investor service requests. The new framework would come into force from April 1, the Securities and Exchange Board of India (Sebi) said in a circular. The regulator has made it mandatory for all holders of physical securities in listed companies to furnish PAN, nomination, contact details, bank account details and specimen signature for their corresponding folio numbers. The folios or inve

7 working days: Sebi now prescribes 'strict' timelines for FPI disclosures

Experts said the amendments will give Sebi increased powers to seek information from overseas funds

Tata Technologies submits IPO papers with Sebi to raise capital via OFS

Currently, Tata Motors holds 74.42 per cent stake in Tata Technologies, while Alpha TC Holdings which is a singapore-based investement firm managed by Tata Capital Advisors owns 8.96 per cent

Sebi announces reward mechanism for informants providing tips on defaulters

With an aim to recover fines from elusive offenders, capital markets regulator Sebi on Thursday introduced a reward system for up to Rs 20 lakh to informants for sharing information about the assets of defaulters. The reward may be granted in two stages -- interim and final. While the interim reward amount will not exceed two and a half per-cent of the reserve price of the asset regarding which tips was provided or Rs 5 lakh, whichever is less and the final reward amount will not exceed 10 per cent of the dues recovered or Rs 20 lakh, whichever is less. Coming out with guidelines on grant of reward to an informant who provides credible information about the assets of the defaulter under recovery proceedings, Sebi said, "information and the identity provided by the informant or the reward paid to him shall be held in confidence." As per Sebi, a person will be considered to be an informant eligible for reward if he or she furnishes original information in relation to the asset of a .

Supreme Court asks Sebi to check on Adani's related party transactions

The Supreme Court of India also ordered the formation of an investor-protection panel amid sharp falls in the Adani group's shares

Sebi cancels registration of 4 brokers in National Spot Exchange Ltd case

Sebi on Tuesday cancelled the registration of four brokerage houses for facilitating its clients to trade on the platform of the now defunct National Spot Exchange Ltd (NSEL) in illegal 'paired contracts'. The brokerages whose registrations were cancelled were Share India Commodity Brokers, Sharewealth Commodities, CIL Commodities and Eureka Commodity Brokerage. By providing such a facility of taking exposure to 'paired contracts', the brokers exposed their clients to the risk involved in trading in a product that did not have regulatory approval, Sebi said in four separate orders. The acts by the brokers raised doubts on their competence to act as a registered securities market intermediaries, the orders noted. Accordingly, the regulator noted that these entities do not satisfy "fit and proper person" criteria for holding the certificate of registration as brokers in the securities market and cancelled the registration of the brokerage houses. This comes a day after Sebi cancelle

NSE gets Sebi approval to launch Social Stock Exchange as separate segment

Eligible NPOs can begin by registering on the SSE segment. Post-onboarding, NPOs can initiate the fund mobilisation process by issuing instruments