Page 8 - Securities And Exchange Board Of India

BSE stock rises as mkt regulator Sebi works out solution to expiry-day woes

Measures proposed seen benefiting BSE; NSE halts plan to shift expiry

NSE looks to assuage Sebi concerns around IPO, seeks nod to file DRHP

Underscores steps taken to bolster technology, governance

Pledging mutual funds? Keep extra units handy to handle margin calls

Previously, availing these loans was a cumbersome physical process that took five-seven working days

Ardee Engineering files draft papers with Sebi for ₹580 crore IPO

Ardee Engineering Ltd has filed preliminary papers with capital markets regulator Sebi for an initial public offering (IPO) to raise Rs 580 crore. The IPO of the Hyderabad-headquartered company consists of a fresh issue of equity shares worth Rs 500 crore and an Offer-for-Sale (OFS) of Rs 80 crore by the promoter Chandra Sekhar Moturu, according to the draft red herring prospectus (DRHP) filed on Thursday. The company may consider raising Rs 100 crore in a Pre-IPO placement round. If such a placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the tune of Rs 279.6 crore will be used for setting up two new manufacturing facilities at Seetharampur, Telangana; Rs 44.8 crore for establishing a new integrated manufacturing facility at Parawada, Andhra Pradesh; Rs 65 crore for payment of debt and rest for general corporate purposes. Ardee Engineering is an integrated design, engineering and manufacturing company having three primary business line

Large-cap, low-volatility funds to dominate new offerings by mutual funds

Quality-focused funds also gain traction amid shift in market trends

Sebi asks intermediaries to register with Google, Meta for advertisements

Move to curb fraudsters and misleading information on social media platforms

Sebi removes 70K misleading social media posts, accounts since Oct 2024

Addressing the Association of Registered Investment Advisors (ARIA) summit, Narayan underscored Sebi's focus on investor awareness

Sebi extends RPT disclosure deadline by 3 months, now effective from July 1

The decision follows feedback from stakeholders requesting more time to adapt to the Industry Standards

PhysicsWallah files draft red herring prospectus via confidential route

While the filing of the DRHP is a crucial step, PhysicsWallah clarified that it does not guarantee the company will proceed with the IPO

Only 2% of finfluencers Sebi-registered, yet 33% give stock recommendations

"Investors must remain vigilant, seek investment guidance from Sebi-registered advisors, and evaluate credentials of influencers they follow," said Arati Porwal, Country Head of CFA Institute - India

Sebi proposes key changes for EBP, RFQ platforms to strengthen debt market

The regulator has proposed making EBP mandatory for all private placement issues of issue sizes over ₹20 crore, down from the present threshold of ₹50 crore

Sebi slaps Rs 40L fine on 8 entities for indulging in non-genuine trades

Capital markets regulator Sebi has imposed a total fine of Rs 40 lakh on eight entities for indulging in non-genuine trades in the illiquid stock options segment on the BSE. Sebi levied a fine of Rs 5 lakh each Utkal Automotive Pvt Ltd, Mrinal Verma, Sanjoy Kumar Gupta and Family, Meenu Ajmera, Advent Commosales, Manish Kumar Kanodia HUF, Nisha Pandey, and Viswaroop Marketing, the regulator said in eight separate orders on Wednesday. The orders came after the Securities and Exchange Board of India (Sebi) observed large-scale reversal of trades in the illiquid stock options segment of BSE, leading to the creation of artificial volume. The orders came after the Securities and Exchange Board of India (Sebi) observed large-scale reversal of trades in the illiquid stock options segment of BSE, leading to the creation of artificial volume. Thereafter, the markets watchdog conducted an investigation into the trading activities of certain entities in illiquid stock options on BSE for the .

Smallcap fund correction: Trim exposure if it exceeds 20%, avoid full exit

Earnings-related uncertainty continues to weigh on small caps

Sebi slaps Rs 20 lakh penalty on four entities for 'non-genuine trades'

Capital markets regulator Sebi on Tuesday slapped penalties totalling Rs 20 lakh on four entities for indulging in non-genuine trades in the illiquid stock options segment on the BSE. In four separate orders, the regulator imposed a fine of Rs 5 lakh each on Nirman Chatha, Rajvardhan Foundation, Dinesh Kumar Agarwal HUF and Pramod Kumar Jain. The orders came after the Securities and Exchange Board of India (Sebi) observed large-scale reversal of trades in the illiquid stock options segment of BSE, leading to the creation of artificial volume. Thereafter, the markets watchdog conducted an investigation into the trading activities of certain entities in illiquid stock options at BSE for the period April 2014 to September 2015. According to Sebi, reversal trades are those trades in which an entity reverses its buy or sell positions in a contract with a subsequent sell or buy position with the same counterparty. These trades are alleged to be non-genuine trades as they lack basic trad

Street signs: Dow, Sensex paths diverge, new Sebi chief's 1st board meeting

Amid a sharp market downturn, companies are holding back on listings, leaving the mainboard without a single initial public offering (IPO) so far this month

Street Signs: Softening US bond yields, promoter buying a cue for traders

The Securities and Exchange Board of India's (Sebi's) efforts to regulate derivatives trading have already begun impacting trading volumes

Sebi board to reveal 'conflicts of interest' to public: Tuhin Kanta Pandey

In his first public address after taking charge, Pandey emphasised that bold reforms don't have to be "big bang"

Market regulator Sebi looks to boost social stock exchange platform

The regulator said there is a line-up of more than Rs 5 crore worth of ZCZP issuances

Knowledge Realty posts Rs 1,632 cr NOI in H1 FY25, set to be largest REIT

Sattva Group and Blackstone sponsored Knowledge Realty Trust has posted a net operating income of Rs 1,632.38 crore in the first half of this fiscal while its asset value stood at nearly Rs 60,000 crore at September-end 2024. On Thursday, Knowledge Realty Trust (KRT) filed the Draft Red Herring Prospectus (DRHP) with SEBI to launch its REIT public issue for raising up to Rs 6,200 crore. The company will issue units through Initial Public Offer (IPO) and list the REIT on stock exchanges as part of its strategy to monetise prime office assets across six major cities. "We own and manage a high-quality office portfolio in India, and upon listing, we will be the largest office REIT in India based on Gross Asset Value of Rs 594,450 million as of September 30, 2024 as well as by Net Operating Income (NOI) for H1, FY25 of Rs 16,323.82 million, and the second largest by NOI for 2023-24 of Rs 28,820.83 million," KRT said in theHP. The Trust said it will also be the second largest office REIT

CitiCorp resolves issue with Sebi; India's 1st index fund completes 25 yrs

White Oak Capital Partners has launched a mutual fund scheme - TCW White Oak Emerging Markets Equity Fund - in the US along with global asset manager TCW