Page 27 - Securities And Exchange Board Of India

MSCI acknowledges India's transition to T+1 shorter settlement cycle

Stresses on need for coordinated transition to the shorter cycle

Not aware of any subpoena from US regulators to investors: Adani Group

This comes after Bloomberg reported that US regulators are probing the representations made by Adani Group to American investors after Hindenburg report accused it of manipulating stock prices

Sebi likely to change rules to track investments in PE and VC funds

The market regulator is doing this to identify the investors and the source of the money

Sebi lists new norms for high-risk FPIs: What it means for investments

Who is impacted; do the new rules better protect Indian companies from opportunistic takeover: questions answered

Sebi cancels registration certificate of Karvy Ltd; firm to still pay dues

Sebi had banned the Karvy and its promoters from the market for seven years through its order in April this year

Sebi reconstitutes intermediary advisory committee for legal framework

Sebi has reconstituted its intermediary advisory committee, which suggests on matters pertaining to changes in legal framework and enhancing transparency in systems and procedures of market intermediaries including stock brokers, depository participants and clearing members. Rejigging its committee, the capital markets regulator said the panel will continue to be chaired by S Ravindran Jain, former executive director at Sebi. Also, the regulator has inducted new members in the panel. The 21-member committee has representation from the brokerage industry, financial institutions, legal fields and Sebi's members, as per the information available with the markets watchdog. The regulator has inducted several new members including Nithin Kamath, founder and chief executive officer (CEO) of Zerodha Broking and Groww's CEO Lalit Keshre. Further, Ashish Chauhan, managing director and CEO of National Stock Exchange (NSE); Sundararaman Ramamurthy, MD and CEO of BSE; Narendra Wadhwa, President

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