Page 5 - Securities And Exchange Board Of India

Block deal window: Sebi unlikely to revise rules despite elusive deals

Narrow price band of 1% hinders deal execution

Sebi's uniform charge rule faces BSE test amid concerns over fee structure

Market participants raise concerns over BSE's varying transaction charges, while BSE defends its transparent, regulation-compliant fee structure

NHAI plans to launch public InvIT to increase overall investor base

State-owned NHAI on Monday said it plans to launch a public Infrastructure Investment Trust (InvIT) to increase the overall investor base. Further, NHAI said public InvIT will also cater to retail investors, thereby providing access to infrastructure assets. NHAI had launched a private InvIT and monetised over 2,300 km of highways. An InvIT is a pooled investment vehicle that raises funds from investors by issuing units. Specifically, NHAI said it aims to offer three Toll-Operate-Transfer (ToT) bundles per quarter one small (Rs 2,000 crore), one medium (Rs 5,000 crore), and one large (Rs 9,000 crore) and to conduct one/two InvIT phases each year to cater to a broad spectrum of investors. "NHAI will also assess the market conditions in future and adjust the bundle size accordingly," it added. To attract high-quality institutional investors and investors with expertise in infrastructure management, NHAI said it will develop targeted outreach programmes across geographic locations

Sebi investigates Jane Street's derivatives trades over three years

The investigation - the largest such into a global trading firm - follows a series of steps taken by the Securities and Exchange Board of India (SEBI) to cool the frenzy in India's derivatives markets

Backseat to driver's seat: Rights issues take the wheel after Sebi's revamp

Faster allotments and streamlined processes put capital raising into high gear

VC funds get relief; MCX gets approval for electricity derivatives

The market regulator had barred five officials from IndusInd Bank in the alleged insider trading matter

Sebi unveils new OI metric, position limits in fresh F&O overhaul

Sebi introduces delta-based OI calculation and new position limits in F&O market with phased rollout from July to December to curb manipulation and enhance risk control

Jio BlackRock gets Sebi nod to launch mutual fund operations in India

Jio Financial Services Ltd (JFSL) on Tuesday said its subsidiary has received capital market regulator Sebi's approval for mutual fund operation. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing. The company, on October 29, 2024, intimating incorporation of two companies, 'Jio BlackRock Asset Management Private Limited' and 'Jio BlackRock Trustee Private Limited', to carry on the primary business of mutual fund, subject to regulatory approvals, it said. In January, JFSL had said that the company and its joint venture partner, US-based BlackRock, have infused Rs 117 crore in the mutual fund company. JFSL and BlackRock each have further subscribed to and have been allotted 5.85 crore equity shares of Rs 10 each of Jio

Fusion CX files IPO papers with Sebi; seeks to raise Rs 1,000 crore

Fusion CX Ltd, a customer experience service provider, has filed preliminary papers with Sebi seeking its nod to raise Rs 1,000 crore through an initial public offering (IPO). The Kolkata-headquartered firm's IPO comprises fresh issue of equity shares aggregating up to Rs 600 crore and an Offer for Sale (OFS) of equity shares valued Rs 400 crore, according to the draft red herring prospectus (DRHP) filed on Monday. The OFS comprises stake sale by promoters P N S Business Private Ltd and Rasish Consultants Private Ltd. Besides, the company may raise up to Rs 120 crore in a Pre-IPO placement round. If such an initiative is completed, the fresh issue size will be reduced. Fusion CX proposes to utilize proceeds of the fresh issue to the tune of Rs 292 crore for payment of debt, Rs 75 crore towards investment in step-down subsidiaries - Omind Technologies Inc and Omind Technologies Private Limited - for upgrading IT tools. Additionally, funds will be used for pursuing inorganic growth

Sebi imposes ₹25 lakh penalty on MCX for disclosure lapses on payments

Sebi fines MCX ₹25 lakh for not disclosing ₹222 crore in payments to 63 Moons during delays in shifting to its new trading platform developed by TCS

Delayed disclosures of accounting lapses by IndusInd Bank catch Sebi eye

The regulator is looking into possible violations of listing obligation and disclosure requirements regulations

Small investors in derivatives segment declined 49% after Sebi curbs: Icra

ICRA report shows Sebi's F&O regulations have led to a sharp decline in smaller investor participation, with premium turnover under ₹10,000 falling 49 per cent

NSE seeks Sebi nod to move weekly index expiry from Thursday to Tuesday

NSE proposes shifting weekly index derivative expiry to Tuesday from Thursday as Sebi moves to standardise expiries and curb volatility

NSE IPO: Sebi chairman says all outstanding issues will be resolved soon

Sebi chief Tuhin Kanta Pandey on Thursday exuded confidence that all outstanding issues in the NSE (National Stock Exchange) IPO will be resolved soon. The NSE's IPO proposal has been pending with the Securities and Exchange Board of India (Sebi) as the regulator has certain concerns. Sebi's concerns include the compensation given to key management personnel, technology and the majority ownership in Clearing Corporation, among others. "All the outstanding issues will be resolved and we will move forward...NSE and Sebi are talking, they are resolving the issues and I'm very hopeful, it will be cleared and will move forward," Pandey told reporters at an event organised by Assocham. Asked when the issues would be resolved, he said ," Can't give a timeline but we should be soon doing it". The bourse has restarted its listing process by applying for a No Objection Certificate (NOC) at the Securities and Exchange Board of India (Sebi). It can be noted that NSE's IPO plans have been st

Sebi warns investors about stock market scams via social media platforms

The market regulator issued the advisory statement in response to the growing number of frauds and scams that lure investors with false promises of outsize returns

Mint Road's enforcement framework shifts focus to governance premium

The woes at IndusInd Bank have put the spotlight back on a key initiative the banking regulator's Enforcement Department set rolling in FY24

Sebi eases cash flow disclosure norms in corporate bond database framework

Markets regulator Sebi has simplified the operational process and provided clarity on cash flow disclosure in the corporate bond database after a review of the Request for Quote (RFQ) Platform framework. In its latest circular, the regulator has made yield-to-price calculation on the RFQ platform easier. Now, only the due dates -- and not the actual payment dates -- mentioned in the cash flow schedule will be used for these calculations. This move is aimed at streamlining and simplifying the process of trade execution on the RFQ platform. As part of this simplification, yield-to-price will now be based on scheduled due dates, without applying any adjustments based on day count conventions. At present, yields on debt securities are calculated using more complex methods that consider actual payment dates and required day count adjustments. In addition to simplifying yield calculations, Sebi has introduced a requirement for mandatory cash flow disclosures in the centralised corporate

Sebi resolves 4,239 investor complaints via SCORES platform in April

Capital markets regulator Sebi disposed of 4,239 complaints through grievance redressal mechanism SCORES platform in April. The markets watchdog received 4,341 fresh complaints in the month and a total of 4,263 complaints remained unresolved at the end of April, slightly higher than the 4,161 complaints that were pending as of March 31, according to a public notice by the Securities and Exchange Board of India (Sebi). The regulator also highlighted that the average resolution time taken by the entities to submit the Action Taken Reports (ATR) in April was eight days, while the average time taken for complaints under First Level Review was four days, it added. SCORES, or Sebi Complaint Redressal System, is an online platform which facilitates investors in lodging and tracking complaints against listed companies and registered intermediaries. Under the upgraded SCORES 2.0 framework, complaints are automatically forwarded to the entities, which are given 21 days to submit an ATR to th

Gensol CFO resigns amid regulatory probes, cites data disarray, chaos

Days after the resignation of Gensol promoters, Chief Financial Officer (CFO) Jabirmahendi Mohammedraza Aga has also quit the crisis-hit company with immediate effect. In his resignation letter, available on stock exchanges, Aga said Gensol Engineering is currently facing significant challenges, with multiple regulatory bodies conducting investigations and the top management resigning from their respective roles. Furthermore, the disorganization of critical data across various departments is hindering the company's ability to effectively respond to the ongoing inquiries due to lack of a cohesive support system, Aga said. "The immense pressure resulting from these circumstances is adversely affecting my physical and mental well-being, leading to a complete loss of focus on my responsibilities. Therefore, I have made the difficult decision to resign, believing it to be in the best interest of the company under these trying conditions," he said. According to an exchange filing on May

Public-promoter confusion deepens with switches across companies

In many instances, same shareholder is both public and promoter