ASERL is into the business of manufacturing, marketing and distribution of Ayurveda products
OFS includes 28,56,869 equity shares by the promoter and investors
New guidelines by Industry Standards Forum to take effect from April 1
Brokerages, depositories, and AMCs feel the squeeze
Also holds meeting with the brokers industry forum on her last day in office
Pandey will be replacing present Sebi chief Madhabi Puri Buch
Caps short positions at 25% of corpus for equity schemes
Trailblazing & troubled: Hers has been a tenure defined by reforms, rocked by allegations
Sebi granted in-principle approval for the IPO in September 2023, following NSDL's draft red herring prospectus (DRHP) filing in July 2023
JanNivesh launch: Buch signals Sebi review, SBI MF scraps fees to push micro SIPs
Chairperson announces while unveiling new portal to track India Inc RPTs
Regulator says application 'frivolous', not backed by financial capabilities; also questions due diligence of investment banker
The request comes as the regulator has intensified investigations into market violations and clamped down on unregulated financial advice circulating on social media
Noida-based Innovatiview India, has filed preliminary papers with capital markets regulator Sebi to raise Rs 2,000 crore through an initial public offering. The proposed Initial Public Offering (IPO) is entirely an Offer-For-Sale (OFS) of equity shares worth up to Rs 2,000 crore by promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Thursday. The OFS consists of the sale of shares worth up to Rs 800 crore each by Ashish Mittal and Ankit Agarwal, and up to Rs 320 crore worth of shares by Vishal Mittal and Abhishek Agarwal will be offloading shares for Rs 80 crore, respectively. Since the IPO is entirely an OFS, the company will not receive any funds from the issue and the proceeds will go to the selling shareholder. Innovatiview India is a technology-driven company providing automated ancillary security and surveillance solutions for examinations, elections and large-scale events pan-India. As of September 30, 2024, the company is the largest player for examina
Key areas include withdrawal of ESG ratings, disclosure of rating rationale
The regulator has proposed that if the client is not reachable or the funds cannot be credited to their bank account, such accounts will be put under 'enquiry status'
Cautions investors against 'blind pursuit' in companies without strong fundamentals
Sebi on Tuesday restrained Himachal Pradesh-based LS Industries, its promoter Profound Finance and four others from the securities markets till further orders following allegations of fraudulent activities and stock price manipulation. The markets regulator also directed Jahangir Panikkaveettil Perumbarambathu (JPP), a Dubai-based NRI public shareholder, to impound unlawful gains of Rs 1.14 crore from the sale of shares as part of a prima facie fraudulent scheme, the order said. Suresh Goyal, Alka Sahni, Shashi Kant Sahni HUF and JPP were also prohibited from the securities market by Sebi till further orders. The regulator directed the entities to co-operate with Sebi's investigation by furnishing all relevant information. The matter pertains to LS Industries and its key associates were involved in artificially inflating the company's share price despite negligible revenue and financial instability. In an interim order passed on Tuesday, Sebi noted that LS Industries Ltd (LSIL), a
Directs them to disgorge Rs 53.67 cr
Due to shrinking universe of unlisted debt, Sebi has proposed to allow Category II AIFs to invest in lower-rated paper