Sebi
Sebi mulls allowing Associations of Persons to open demat accounts
Markets regulator Sebi on Wednesday proposed allowing Associations of Persons (AOPs) to open demat accounts in their name to hold certain securities, excluding equity shares.
Sebi to auction 15 properties of five companies on Nov 19
Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries India on November 19. The move is part of Sebi's efforts to recover money collected by these companies from investors in violation of norms.
Sebi calls for stricter review of AIF investors
At present, AIFs have been designated as qualified institutional buyers(QIB) and can avail certain benefits under Sebi rules. On Tuesday, Sebi said AIFs should not facilitate investors who are ineligible for QIB status on their own from availing the benefits.
Sebi introduces framework to monitor shareholding of market infra institutions
Each MII must appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits. For depositories, the other depository will act as their DD.
Sebi clarifies on 3-in-1 accounts usage for public issue applications
Markets regulator Sebi on Friday clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitised debt instruments. This is in addition to the existing modes of application, Sebi said in a circular.
Parliamentary Finance Panel calls Sebi, other regulators
This was decided at the first meeting of the parliamentary finance panel on Tuesday, which was attended by around two-dozen MPs and chaired by BJP MP Bhartruhari Mahtab. Former FM and senior Congress leader P Chidambaram is a part of the 31-member panel.
When Ratan Tata made a special personal request to Sebi chief during TCS IPO
In July 2004, during the launch of TCS's IPO, Mr. Tata, despite heavy rains, personally visited SEBI's chairman to express gratitude for support and to honor TCS's first CEO, Mr. F C Kohli. His actions reflect his values of humility and recognition of contributions.
Nithin Kamath hails Sebi's consultative approach even on tougher regulations
Zerodha chief Nithin Kamath commended Sebi's consultative approach, noting his ongoing involvement in various committees and expressing admiration for Sebi's collaborative method, even as it plans to introduce stricter regulations for the industry.
VMS TMT files DRHP with SEBI for fundraising via IPO
VMS TMT filed draft prospectus for IPO to raise funds for solar power plant, working capital, debt repayment, and general corporate purposes. Proceeds will also be used for backward integration and diversification into MS pipes.
NSE increases lot sizes for all 5 index derivative contracts after Sebi order
The new measure will take effect from November 20, 2024, for all newly introduced index derivatives contracts, including weekly, monthly, quarterly, and half-yearly, according to an NSE circular. The Nifty50 lot size has been increased threefold, from 25 to 75 contracts, while the Nifty Bank lot size has doubled from 15 to 30.
IndiGo venture gets Sebi nod to launch venture capital fund
Country's largest airline IndiGo on Tuesday said IndiGo Ventures has received approval from market regulator Sebi to launch a venture capital fund, which is expected to start investments by the end of this fiscal. IndiGo Ventures, the airline's corporate venture capital fund, has received the Alternative Investment Fund approval from Securities and Exchange Board of India (SEBI).
Is Sebi’s new asset class a game-changer for Indian investors?
Sebi’s new asset class caters to investors with ₹10-50 lakhs, offering complex strategies like long-short equity and inverse ETFs previously limited to wealthier individuals. It aims to fill the gap between mutual funds and high-entry barrier investment options, promising better risk-adjusted returns but also carries higher costs and performance uncertainty.
Sebi Clarifies on Debt Sale Approval Norms Post Mkt Queries
The Securities and Exchange Board of India (Sebi) has clarified that recent amendments to debt sale approvals do not necessitate board approvals for each bond issuance but require the board to be informed prior to opening the issue, addressing operational concerns from market players.
Sebi outlines specific due diligence of investors, investments of AIFs
Sebi has instructed Alternative Investment Funds to carry out due diligence on investors and investments to ensure compliance with laws and prevent illegal activities. This includes special checks for investments from countries bordering India and contributions over 50 percent. AIFs must report the status of existing investments by April 7, 2025.
F&O addiction: Sebi tightens Futures and Options trading rules effective Nov 20; check details here
Markets regulator Sebi, on October 01, announced that it will start implementing a new framework to regulate the high-risk world of futures and options (F&O) by taking six measures, including increasing the contract size to Rs 15 lakh from Rs 5-10 lakh and limiting weekly expiries to one per exchange. The new rules come into effect in a graded manner beginning November 20. These rules are based on recommendations by an Expert Working Group (EWG) to strengthen the equity index derivatives framework. Watch the video to know more details.F&O addiction: Sebi tightens Futures and Options trading rules effective Nov 20; check details here
NSDL settles depository violation rule case with Sebi; pays Rs 3.12 cr
The National Securities Depository Ltd (NSDL) on Thursday settled a case pertaining to alleged violation of depository rules with markets regulator Sebi after paying Rs 3.12 crore towards settlement amount.
Shorter settlement cycle for FPIs can lead to 'efficiency gains' of Rs 2,000 cr a year
FPIs had raised concerns about delays in their access to sale proceeds beyond the standard T+1 settlement date. These delays were primarily due to the erstwhile process adopted for obtaining tax clearance on their net sale proceeds, to ensure compliance with FEMA Regulations.
Sebi board approves MF Lite framework for passive schemes
Sebi has approved the introduction of the Mutual Funds Lite (MF Lite) framework for passively managed schemes. This framework reduces eligibility criteria for sponsors and compliance requirements. Existing AMCs can manage active and passive schemes separately. The new regulations aim to encourage new players, enhance market liquidity, and foster innovation in the mutual fund sector.
Sebi Board Meeting: Regulator approves new asset class for HNIs with riskier appetite
SEBI New Asset Class: Market regulator Sebi approved a new asset class for high-net-worth investors to invest in riskier regulated products. The minimum investment will be Rs 10 lakh. This new class, called ‘Investment Strategies’, aims to add depth to the investment landscape. Sebi also introduced the Mutual Funds Lite framework for passively managed schemes.
Sebi raises contract size for index derivatives to Rs 15 lakh, effective from Nov 20
To account for market growth, Sebi is raising the minimum contract size for index futures and options to Rs 15 lakh from the current Rs 5-10 lakh range. This change reflects the threefold increase in market values since the limit was last set in 2015.
Sebi announces 6-step framework to get Indians rid of F&O addiction
To curb excessive speculation in the stock market, Sebi is tightening the rules for futures and options (F&O) trading. Starting November 20th, the minimum amount needed to invest in index F&O contracts will increase significantly. Currently, investors can participate with as little as Rs 5-10 lakh. This threshold will be raised to Rs 15 lakh, making these contracts less accessible to smaller investors. Sebi will also periodically adjust this minimum investment amount to ensure it stays between Rs 15 lakh and Rs 20 lakh.
New settlement mechanism for FPIs to lead to efficiency gains of Rs 2,000 crore per annum: Sebi
Sebi's new settlement mechanism for FPIs, effective from September 9, 2024, aims to enhance operational efficiency by issuing tax certificates for FPI sale trades on ‘T+1’ day, potentially generating efficiency gains of around Rs 2,000 crore per annum.
Stock to watch: Jio Financial shares in focus after company gets Sebi nod to set up a mutual fund
Jio Financial and BlackRock received in-principle approval from Sebi for their mutual fund project. The joint venture also plans wealth management and broking services. Jio Financial aims for major growth in fintech, leveraging its ties with Reliance's digital and retail sectors. Foreign stake limit has been raised to 49%.
BSE shares tumble 6% on Jefferies’ downgrade to ‘underperform’ rating
Shares of BSE dropped 6% after Jefferies downgraded the rating to 'underperform' despite hiking the target price. The increased valuation was fueled by market share gain hopes, but Jefferies warned that the risks and over-optimistic assumptions overshadow potential benefits.
Sebi enhances scope of T+0 settlement cycle, approves eligible scrips to top 500 companies
Sebi reviewed the performance of the Beta version of T+0 settlement cycle and will increase the eligible trading scrips to the top 500 companies. This will be done in phases. FPIs and Mutual Funds will have access. An optional block deal window mechanism will be introduced. The current T+1 settlement cycle will continue.
SEBI board meeting: Row over Madhabi Buch, tighter F&O rules, MF-Lite among top agenda
SEBI Meeting Today: The Securities and Exchange Board of India (Sebi) is set to hold a crucial board meeting on Monday, following allegations of conflict of interest against chairperson Madhabi Puri Buch. The board may discuss these accusations and issues related to a withdrawn press release on employee matters, although they are not on the official agenda.
Indian markets gave better returns than China in last 5 yrs, says Sebi member
Indian equities have consistently delivered around 15% returns over the last five years, significantly outperforming Chinese markets. Sebi's Ananth Narayan advises caution amid high returns, stressing the need for investor education and the importance of choosing reliable intermediaries over dubious 'finfluencers'.
Sebi board meet: Rights issue to be completed within 23 working days
Sebi has approved new norms for a faster rights issue process. The timeline is now reduced to 23 working days, compared to the current average of 317 days. The changes allow flexibility for allotment to specific investors and give an opportunity to existing shareholders. The discontinuation of certain requirements aims to streamline the process.
Stock brokers may participate in the G-Secs market, proposes Sebi
The regulatory framework issued by the relevant authority will specify how stock brokers operating on NDS-OM handle policy, eligibility, risk management, investor grievances, inspections, enforcement, and claims.
Angel One shares jump over 7% as investors find silver lining in Sebi order
Shares of Angel One rose 7.4% on the BSE. Investors expect gains from Sebi's new F&O market regulations. The regulations may weaken smaller players, boosting bigger firms. Angel One may increase fees or absorb margin impacts. Past customer acquisition helped offset slowdowns. Long-term growth expected in financial products distribution, wealth management, and AMC.
BSE shares jump 8% on likely market share gain after Sebi's F&O curbs
BSE Share Price: BSE shares rose 8% after Sebi announced new rules for the derivatives market benefitting BSE. From November 20, BSE will have more days to compete with NSE in weekly derivatives. The new framework aims to regulate futures and options trading better. Angel One shares also rose despite expected short-term impacts on earnings.
Trade volumes in decline, likely to fall further with Sebi's curbs
The average daily trading volume (ADTV) in the equity segment of both BSE and NSE combined dropped 21% in September to ₹1.30 lakh crore, compared to June's turnover of ₹1.65 lakh crore per day. Between July and September, the benchmark Nifty, Nifty Midcap 150 and Nifty Smallcap 150 rallied between 7% and 7.5%.
IPO Calendar: Hyundai India and 2 other issues set to light up primary market next week
Hyundai India's IPO is the biggest upcoming IPO, aiming to raise over Rs 27,000 crore. Two other SME IPOs and three listings are also scheduled. Garuda Construction IPO received 7.55 times subscription. The IPO pipeline for the second half looks promising with 26 companies proposing to raise Rs 72,000 crore.
Transaction between Bajaj Finserv's unlisted arm and Allianz SE is related party, requires shareholder approval: Sebi
Sebi clarified that reinsurance agreement between Bajaj Finserv's unlisted entity BAGIC and Allianz SE qualifies as a related party transaction. Bajaj Finserv is required to seek shareholder approval and make disclosures under Sebi LODR regulations.
Angel One settles front running case with Sebi
The regulator had undertaken a detailed investigation by certain entities from January 1,2021 to October 31,2022, who were consistently placing orders ahead of the big clients including Bharat Kanaiyalal Sheth Family Trust in the cash segment and were squaring off the same.
Zerodha not increasing brokerage charges yet: Nithin Kamath
Nithin Kamath, CEO of Zerodha, announced that Zerodha will not increase brokerage charges despite new SEBI regulations standardizing transaction fees across brokers. The new fees, effective from October 1, are expected to reduce Zerodha's revenue by 10%.
SEBI court rejects Ketan Parekh's plea for compounding of case for penalty payment default
SEBI initiated a criminal case against Parekh after he failed to pay the penalty for violating the board's regulation. In response, Parekh filed an application before the court for closure of the case by compounding.
Sebi board meeting: Nothing on F&O regulation, new asset class for HNIs, and other top announcements
Despite expectations, SEBI has decided not to curb weekly F&O expirations or raise minimum contract sizes for now. This comes as the regulator grapples with a surge in speculative trading that has cost retail investors Rs 1.81 lakh crore over the past three years.
Sebi seeks views on simplifying registration process for certain FPIs, floats consultation paper
Sebi is considering a proposal to streamline the Common Application Form (CAF) for certain Foreign Portfolio Investors (FPIs) to reduce paperwork and processing time. The industry has requested a simplified CAF with only essential fields for specific FPI categories.
Sebi extends deadline to implement direct pay-out of securities to clients' demat a/c to Nov 11
Markets regulator Sebi on Thursday extended the deadline to implement guidelines mandating the direct pay-out of securities to clients' demat accounts to November 11. This rule was originally set to take effect on October 14.
Rudrabhishek Enterprises receives Sebi nod for SM REIT
This registration is expected to help REPL expand its presence in the real estate investment sector, utilizing its expertise and industry partnerships to drive the growth of ImpactR SM REIT.
Reality check: '1.1 crore Indians lost Rs 1.8 lakh crore in F&O', reveals SEBI
Did you know that a recent study by SEBI found that 1.1 crore traders lost 1.8 lakh crores in 3 years? As shocking as it sounds, Indian households are losing massive amounts of money due to futures and options trading. Let's see how much money people have lost lately and the reality of F&O trading. Watch!Reality check: '1.1 crore Indians lost Rs 1.8 lakh crore in F&O', reveals SEBI
For a secure future, Sebi opts for tighter F&O rules
The Securities and Exchange Board of India (Sebi) Tuesday increased the minimum contract size in index derivatives to ₹15 lakh from the current ₹5 lakh, making options trading costlier. At the same time, it reduced weekly index product offerings to just one per exchange, seeking to curb frenzied speculation among retail traders.
NSE, Limaye and eight others pay fine to Sebi to settle TAP case
The eight others who have settled the case include Umesh Jain, GM Shenoy, Narayan Neelakantan, VR Narasimhan, Kamala K, Nilesh Tinaikar, R Nandakumar and Mayur Sindhwad.
F&O Addiction: 1.1 crore traders lost Rs 1.8 lakh crore in 3 years, reveals Sebi study
The top 3.5% of these traders faced even greater losses, averaging Rs 28 lakh each. Only 7.2% of individual traders managed to make a profit during this period. This report highlights the risks associated with F&O trading and aligns with previous findings from SEBI indicating high loss rates for individual traders in this segment.
Sebi slaps Rs 12 lakh fine on NSE Data And Analytics
In its order, Sebi noted irregularities with respect to the backup of records and details of the Business Continuity Plan/Disaster Recovery policy, delay in sending acknowledgement letters to investors, irregularities with respect to system audit reports and cyber security audit framework and failure to validate KYC records.
NSE share price jumps up to 45% in 3-4 months on IPO buzz. Will the uptrend continue?
NSE's IPO buzz has grown in the last 3-4 months, leading to a 35% rise in its share price in the unlisted market. Investors are waiting for the listing due to the stock's promise and higher premium compared to the current market price.
Angel One shares in focus after Sebi restrictions on F&O trading
Sebi's new regulations on derivatives trading, including increased contract size and limiting weekly expiries, are expected to impact brokers like Angel One. Effective from November 20, the measures aim to curb speculative trading, following a study revealing significant losses for individual traders in the F&O segment.
Sebi amends rules; introduces fixed price process for voluntary delisting
Sebi has introduced new delisting rules allowing companies to delist shares through a fixed price mechanism as an alternative to the reverse book building process. The fixed price must be at least 15% above the floor price. Additional modifications include changes to the counter-offer mechanism and adjusted book value for determining floor prices.
F&O clampdown: How will Sebi's new rules affect traders and brokers
Sebi has introduced six measures to regulate the derivatives market and curb speculative trading. These include upfront collection of options premiums, intraday monitoring of position limits, and increasing contract sizes. These steps aim to protect retail investors, reduce market volatility, and stabilize trading dynamics between November 2024 and April 2025.
Sebi launches FPI outreach cell for seamless market access
Sebi has launched a dedicated Foreign Portfolio Investor (FPI) outreach cell to enhance the experience of foreign investors in the Indian securities market. The cell will assist FPIs with documentation, compliance, and operational challenges, aiming to simplify the registration process and attract more foreign capital.
Sebi mandates UPI for public issue applications of debt securities
To streamline the application process for public issues of debt securities, markets regulator Sebi on Tuesday asked individual investors applying for amounts up to Rs 5 lakh through intermediaries to use only UPI to block funds.
Sebi issues guidelines for performance evaluation of market infra institutions
Markets regulator Sebi on Tuesday issued guidelines on the parameters for the performance evaluation of market infrastructure institutions (MIIs), comprising stock exchanges, clearing corporations and depositories by independent external agencies.
NSE, former chief Vikram Limaye, others settle TAP system case with Sebi; pay Rs 643 cr
The National Stock Exchange (NSE), its former chief Vikram Limaye and eight others on Friday settled with markets regulator Sebi a case pertaining to alleged bypass of trading access point (TAP) system by certain brokers after paying Rs 643 crore.
Sebi’s proposed merchant banking regulations: Will it make the big bigger?
The capital markets have transformed substantially over the last three decades. Therefore, it's crucial to re-evaluate the existing regulatory framework to align with the current market realities. SEBI's consultation paper on the proposed MB Regulations, released on August 28, 2024, is a positive step in this direction, offering several insightful suggestions. However, a few of the proposed changes warrant further deliberation.
Sebi modifies framework for valuation of AIFs' investment portfolio
Markets regulator Sebi on Thursday tweaked the framework for valuing the investment portfolios of Alternative Investment Funds (AIFs) whereby securities -- other than unlisted, non-traded, or thinly-traded securities -- will now be valued in line with mutual fund rules.
BSE to discontinue weekly contracts on Bankex, Sensex 50
The weekly index derivatives contracts on Sensex 50 will be discontinued with effect from November 14 end of day while Bankex will be discontinued from November 18.
BSE decides to keep Sensex options weekly contracts, shut Bankex from F&O after Sebi order
BSE announced it will discontinue weekly derivative contracts on both Sensex 50 and Bankex from November 2024 in compliance with Sebi's new regulation to limit weekly expiries to one per exchange. Sensex weekly contracts will continue due to higher trading volumes compared to Bankex.
Dabur, Godrej Properties among top 10 losers in Thursday’s bloodbath
Indian stock market witnessed a selloff, with 2,864 stocks declining. Hindustan Petroleum was the biggest loser, falling 7%. Other notable decliners included Godrej Industries, JM Financial, CarTrade, Dabur India, DLF and Suzlon Energy.
Angel One, BSE among 10 stocks that defy today’s market sell-off
Indian indices plunged amid global market sell-off due to Middle East tensions. BSE Sensex fell over 1,800 points, and Nifty50 fell over 500 points. However, some stocks like ITD Cementation, Infibeam Avenues, Sarda Energy and Minerals, Petronet LNG, Angel One, and Jubilant Ingrevia were trading in the green.
Market Crash: Iran-Israel war, Sebi F&O curbs and China resurgence strikes D-St
India’s benchmark indices opened sharply lower on Thursday, with the Sensex tumbling over 1,250 points and the Nifty50 slipping below 25,500. This steep decline mirrored losses across Asian markets as investors scaled back risk due to the escalating Middle East conflict.Market Crash: Iran-Israel war, Sebi F&O curbs and China resurgence strikes D-St
How Sebi’s new F&O rules will help protect loss-making retail traders
SEBI has introduced measures to curb risks in F&O trading, requiring upfront premiums, increasing contract sizes, and limiting weekly expiries to protect retail investors.
Zero brokerage plans nearing expiry
Angel One, India's third-largest brokerage by client count, introduced a flat fee of ₹20 or 0.1% of turnover (whichever is lower) on cash market transactions starting November 1, anticipating a drop in revenues from the derivative segment. Previously, these transactions were free of charge.
Sebi withdraws staff misguided by external elements statement
The Securities and Exchange Board of India (Sebi) has retracted its September 4 statement blaming external elements for employee unrest. Following discussions, Sebi decided to address internal issues in-house. The initial complaint involved allegations of a toxic work culture under Chairperson Madhabi Puri Buch's leadership.
BSE, NSE warn Suzlon for LODR non-compliance
Suzlon Energy has been issued an advisory cum warning letter from both the National Stock Exchange (NSE) and BSE Ltd, regarding non-compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements.
Sebi to take measure for F&O segment soon; calls for tax breaks on municipal bonds
Sebi plans to enhance investor protection in the Futures and Options (F&O) segment with new measures. The regulator has also requested tax breaks for subscribers of municipal bonds. Proposed changes in F&O rules include revising minimum contract sizes and intraday position monitoring to improve risk management and transparency. Sebi's study showed significant trader losses in the F&O market.
Sebi Oks faster rights issues, new asset class but mum on employee issues, to come out with circular on F&O rules
The Securities and Exchange Board of India approved new proposals, including introducing an asset class and shorter rights issue timelines. They expanded the connected person definition to improve insider trading regulations. Sebi increased stocks eligible for same-day settlement and introduced MF Lite regulations for passive schemes, allowing quicker fund-raising and differentiated investment strategies.
Sebi chief Buch hopes corp bond mkt grows as rapidly as equities
Sebi chairperson Madhabi Puri Buch expressed optimism about the growth of the corporate bond market, driven by technology and transparency. She highlighted healthy primary market activity but noted a lack of secondary market engagement. Buch also addressed recent allegations against her and discussed upcoming regulations and initiatives at an Amfi event in Mumbai.
Sebi tweaks framework on margin trading facilities
To promote ease of doing business, markets regulator Sebi on Wednesday allowed securities funded through cash collateral to be considered as maintenance margin for margin trading facility (MTF).
Sebi levies Rs 10 lakh fine on Anand Rathi for violating stock brokers rules
Based on the findings of the inspection, the regulator found certain alleged non-compliances of Stock Brokers regulations and circulars issued by Sebi, NSE and BSE.
3 changes stock market investors need to be aware of from October 1
From October 1, Indian stock market investors will face changes including revised transaction fees by BSE and NSE, an increase in Securities Transaction Tax on Futures & Options trading, and new taxation rules for share buybacks. These changes could impact trading strategies and profits.
From sachetization to safarization: How to protect the options trader
HUL's sachet revolutionized FMCG, but proliferation led to environmental concerns. F&O market, once exclusive, became accessible, leading to a surge in participation and losses. SEBI's proposed NAC could provide a safer alternative for derivatives traders
Sebi mulls standardise format for disclosure of change in risk-o-meters of MF schemes
To further enhance the pictorial representation of risk, Sebi on Thursday proposed that the risk-o-meter of a mutual fund scheme be depicted using a colour scheme, a move aimed at further aiding in informed decision making by investors.
Sebi mulls allowing only electronic mode for payment of dividend, interest
Markets regulator Sebi on Friday proposed that listed entities should make all payments, such as dividends, interests and redemptions, through electronic mode only.
Sebi allows mutual funds to buy, sell credit default swaps
Markets regulator Sebi on Friday allowed mutual funds to both buy and sell Credit Default Swaps (CDS), a move aimed at increasing liquidity in the corporate bond market. This flexibility to participate in CDS would serve as an additional investment product for mutual funds, Sebi said in a circular.
Hindenburg questions SEBI chief's silence on fresh charges
While Buch and the Adani Group had denied last month's allegations, the opposition Congress party has in recent days made a series of allegations against Buch including holding 99 per cent shares in a company "actively providing advisory/consultancy services till date" and her husband Dhaval Buch earning income from companies that were being adjudicated by her.
Protesting Sebi employees yet to reach accord with management
Sebi employees and its chief Madhabi Puri Buch remain at odds over HR issues, despite recent negotiations. Around three-fourths of Sebi's officers oppose a September 4 statement blaming external elements for staff complaints. Employees have staged silent protests, while Buch has not directly engaged in the talks.
Sebi vs employees: Regulator takes a step back, withdraws contentious press release
Sebi has withdrawn its earlier statement blaming external elements for employee protests against Madhabi Puri Buch. Following discussions, Sebi and its employees agreed to address internal issues through established channels. The initial press release from September 4th has been retracted, and employees condemned the unauthorized release of internal communication.
Sebi amends rules to streamline process for public issuance of debt securities
Markets regulator Sebi has amended rules to streamline the process for public issuance of debt securities aimed at providing faster access to funds for such issuers.
File it, forget it? Lack of checks raises concerns over Sebi members' disclosures
Disclosure requirements for board members at India's capital market regulator are under scrutiny following allegations against chairperson Madhabi Puri Buch. The current system requires members to disclose holdings but lacks thorough verification, raising concerns about potential conflicts of interest. Calls for revamping rules to mandate trading plans and approvals have emerged.
Sebi cuts listing time to T+3 working days for public issue of debt securities
Sebi on Thursday decided to reduce the timeline for listing of public issue of debt securities to three working days from six days at present, to facilitate faster access to funds. This new timeline will be optional for the first year and mandatory thereafter.
‘Bracing for a big revenue hit’: Zerodha’s Nithin Kamath on 5 reasons why
Zerodha, India’s leading stockbroking platform, saw its profits soar by 62% in FY24 to around Rs 4,700 crore. However, CEO Nithin Kamath believes it's time for a strategic shift. He outlined 5 key reasons why Zerodha anticipates a significant drop in revenue later this year.‘Bracing for a big revenue hit’: Zerodha’s Nithin Kamath on 5 reasons why
Sebi chair Buch traded in listed stocks, violating conflict-of-interest policy, alleges Congress
Congress has accused Sebi chairperson Madhabi Puri Buch of trading in listed securities worth about Rs 37 crore during her tenure, violating conflict-of-interest policies. They also allege she invested in foreign assets, including Chinese funds. Congress demands an investigation into these claims by Prime Minister Narendra Modi.
Why Sebi officers with Rs 34 lakh starting salary are protesting against Madhabi Buch: Explained in 5 points
Sebi officers have protested against chairperson Madhabi Puri Buch, alleging a toxic work culture marked by excessive monitoring, unrealistic targets, and poor treatment. Despite high salaries, employees cite increased stress and fear, demanding changes. Sebi dismisses claims as a response to failed salary negotiations.
Sebi employees protest outside HQ, seek boss Madhabi Puri Buch's resignation
Madhabi Puri Buch's resignation demanded: Disgruntled Sebi employees staged a silent protest outside the Mumbai headquarters, demanding the withdrawal of a statement blaming 'external forces' for their grievances and seeking the resignation of their boss. The protest follows an unprecedented complaint to the finance ministry about a toxic work culture under Sebi's leadership.
Retail investors must block funds only via UPI for investment of up to Rs 5 lakh
The Securities and Exchange Board of India (Sebi) announced that starting Nov 1, 2024, retail investors applying for public issues of debt securities through stock brokers for amounts up to ₹5 lakh must use UPI to block funds, while other modes of payment will still be available for individual investors through stock exchange platforms.
Complied with all SEBI disclosure guidelines; allegations are false and malicious: Madhabi Puri Buch
Securities and Exchange Board of India Chief Madhabi Puri Buch on Friday said that she has adhered to all disclosure and recusal guidelines set by the regulator. In a personal statement, she denounced the allegations against her as completely false, malicious, and derogatory.
Sebi amends rules to regulate finfluencers
Sebi has amended regulations to oversee unregistered financial influencers, aiming to reduce potential risks. The new norms restrict associations between regulated entities and unregistered individuals, requiring finfluencers to register with Sebi. This ensures accountability and prevents misleading financial advice, while also allowing limited investor education partnerships.
TMC’s Mahua Moitra files complaint against Sebi chief with Lokpal
Trinamool Congress MP Mahua Moitra has lodged a complaint with the Lokpal against Sebi chairperson Madhabi Puri Buch, alleging improper conduct and quid pro quo arrangements. This is the first formal complaint filed with a legal authority on this matter. Buch's unexpected absence from an infra conclave in Mumbai has also raised eyebrows.
Waaree Renewable shares rally 5% as parent entity gets IPO nod
Waaree Renewable shares surged to a 5% upper circuit at Rs 1,990 during Tuesday's trade on the BSE, following the approval of its parent entity, Waaree Energies, for an IPO. The solar PV module manufacturer received approval from Sebi for its IPO, which includes a fresh issue of equity shares aggregating up to Rs 3,000 crore and an OFS of up to 3,200,000 equity shares with a face value of Rs 10 each.
Sebi imposes Rs 1 crore fine on Jai Anmol Ambani in Reliance Home Finance case
The Securities and Exchange Board of India has fined Jai Anmol Ambani, son of Anil Ambani, Rs 1 crore for alleged irregularities in Reliance Home Finance. Sebi claims he failed to exercise due diligence in lending practices and approved unsecured loans. Last month, Sebi also barred Anil Ambani from the securities market for five years.
Sebi considers new rules to curb risks as tiny IPOs boom
SEBI News: India's securities regulator is considering tighter oversight on micro-cap firms going public, including monitoring fund usage and stricter due diligence for merchant bankers. This follows incidents of fraud in the market. The Securities and Exchange Board of India aims to balance investor protection with market growth.
SC refuses to interfere in Linde India's valuation amid related-party transaction scrutiny
The Supreme Court refused to interfere with the valuation exercise being conducted on Linde India by an NSE-appointed valuer in connection with a related-party transactions case. The SAT had earlier dismissed the company's plea against the valuation exercise.
Sebi imposes Rs 1 cr fine on Anmol Ambani in Reliance Home Finance case
Markets regulator Sebi on Monday imposed a penalty of Rs 1 crore on Anmol Ambani, son of industrialist Anil Ambani, for his failure to exercise due diligence while approving general-purpose corporate loans in Reliance Home Finance matter.
Sebi chief Madhabi Puri Buch in trouble. 4 major allegations against 'Unilever wife'
Sebi Chairperson Madhabi Puri Buch faces mounting allegations from various quarters, including Hindenburg Research, Congress, Zee's Subhash Chandra, and internal employee protests. The accusations range from conflicts of interest to fostering a toxic work environment. All parties involved have issued denials or clarifications regarding the claims.
Supreme Court rejects Amit Goenka's appeal against Sebi's appointment of KPMG as auditor for SGRL
The Supreme Court has rejected Amit Goenka's appeal against the Securities and Exchange Board of India’s decision appointing KPMG Assurance and Consulting Services as a forensic auditor for debt-ridden Shirpur Gold Refinery Ltd (SGRL) and its subsequent report on the firm.
What are Sebi's UBO norms for FPIs and what needs to be done to save licence?
According to ET Now sources, the upcoming SEBI deadline for UBO compliance is expected to affect only a small number of FPIs. The report highlighted that even non-compliant FPIs can continue operations beyond the September 9th deadline by paying a 5% penalty. Additionally, these FPIs will be granted an extra six months to achieve compliance after paying the penalty.
Should Madhabi Puri Buch resign? Why everyone is after IIM alumnus doing Dalal Street's most thankless job
Madhabi Puri Buch, the first woman and private sector head of Sebi, faces unprecedented challenges. Allegations from various quarters, including internal staff and external critics, question her integrity and work culture. Despite support from some industry figures, calls for her resignation are growing louder.
Congress' accusations against Madhabi Puri Buch: What’s the real story?
This video discusses the recent allegations against the SEBI Chief, including claims of conflict of interest, earnings from large corporations, and the activities of her advisory firm. It also discusses what Mahindra and Mahindra said about Dhaval Buch’s role. Dive into the controversy involving the SEBI Chairperson and hear the companies' responses. Watch!Congress' accusations against Madhabi Puri Buch: What’s the real story?
Sebi issues Rs 1 crore demand notices to Venugopal Dhoot, 2 others for insider trading in Videocon shares
Capital markets regulator Sebi has sent demand notices to industrialist Venugopal Dhoot and two other entities, asking them to pay nearly Rs 1.03 crore for insider trading activities in the shares of Videocon Industries.
