Securities And Exchange Board Of India

Sebi mandates granular disclosures for ODIs, restricts derivatives

FPIs to issue ODIs only through a separate registration

Market regulator Sebi extends MF expense structure to new asset class

Regulator notifies investment rules for 'specialised investment fund'

What is MITRA? Platform proposed by Sebi to track inactive mutual funds

The mutual fund investment tracing and retrieval assistant, or MITRA, platform will help trace inactive and unclaimed folios, thereby preventing potential misuse

Sebi issues administrative warning letter to HDFC Bank over non-compliance

n a letter to the bank, Sebi said the violations by the bank have been viewed seriously, and the bank has been warned to be careful in future

Boards of Nifty 100 companies expand with more independent, women directors

The 2024 edition of the survey shows that 14 per cent of Nifty 100 companies in FY24 had 14 or more directors, up from eight such companies in FY21 and 11 in FY23

GK Energy files draft IPO papers with Sebi, aims to raise Rs 500 cr

Solar-powered agricultural water pump systems provider GK Energy Ltd has filed preliminary papers with markets regulator Sebi to garner funds through an initial public offering (IPO). The proposed IPO of the Pune-based firm is a combination of fresh issue of shares worth Rs 500 crore and an Offer-for-Sale (OFS) of 84 lakh equity shares by selling shareholders, the draft red herring prospectus (DRHP) showed. The company plans a pre-IPO placement of shares aggregating to Rs 100 crore. If the pre-IPO placement is completed, the fresh issue size will be reduced. According to the draft papers filed on Friday, proceeds from the fresh issue to the tune of Rs 422.46 crore will be used to fund its long-term working capital requirements and the remaining funds for general corporate purposes. GK Energy Ltd is a leading pure play provider of engineering, procurement, and commissioning (EPC) services for solar-powered agricultural water pump systems. These solar-powered agricultural water pump

Sebi enacts significant changes to disclosure and RPT regulations

Ex-WTM S K Mohanty-led expert panel laid the groundwork for these reforms

Sebi issues warning letter to HDFC Bank for regulatory non-compliance

HDFC Bank said that it will take necessary steps to address the concerns and directives mentioned in the letter

Go with regulated entity: Listed bonds subject to ratings, oversight

Unlisted securities, issued by smaller companies, often promise high interest rates of 15-18 per cent to attract investors

What extending T+0 settlement to 500 stocks may mean for market liquidity

According to the Sebi circular, the T+0 cycle will be available on an optional basis for the top 500 companies by market capitalisation from January 31, 2025

Investment bank DAM Capital Advisors gets Sebi's nod to launch IPO

Investment bank DAM Capital Advisors has received Sebi's go ahead to float an initial public offering (IPO), an update with the markets regulator showed on Tuesday. The proposed IPO is solely an offer-for-sale (OFS) of 3.2 crore equity shares, with no fresh issue component, according to the draft red herring prospectus (DRHP). Those selling shares in the OFS are promoter Dharmesh Anil Mehta, investors Multiples Alternate Asset Management, RBL Bank, Easyaccess Financial Services and Narotam Satyanarayan Sekhsaria. Since the entire issue is an OFS, all the proceeds from the IPO will go directly to the selling shareholder, rather than the company. DAM Capital Advisors, which filed preliminary papers with Sebi in September, obtained the regulator's observations on December 4, the update showed. In Sebi's parlance, obtaining the observations means its go ahead to launch the public issue. In its draft papers, the company stated that it plans to go public in a bid to achieve the benefit

Sebi warns against unauthorised platforms for unlisted securities

Sebi highlighted that these platforms operate in violation of the Securities Contracts (Regulation) Act, 1956, and the Sebi Act, 1992, which are designed to protect investors' interests

Sebi bars Mishtann Foods from raising public funds for seven years

Sebi pointed out that almost all sale and purchase transactions of Mishtann Foods Ltd (MFL) since FY20 were prima facie found to be fictitious

MF industry seeks relaxation in rules framed to prevent market abuse

Say new system disrupts their ability to execute large deals

Sebi relaxes prior order of ban on Axis Capital managing debt securities

Securities and Exchange Board of India, in an interim September order, had banned Axis Capital from acting as a banker for new debt issues, alleging violation of rules

Mkt regulator Sebi nod to Roshni Nadar to acquire majority stake in HCLTech

Grants exemption from open offer for acquiring stake from father Shiv Nadar

Market regulator Sebi notifies pro-rata distribution norms for AIFs

AIFs are niche investment vehicles for affluent investors with high entry barriers. These investments are drawn and deployed in tranches based on the investment opportunity

Sebi study uncovers alarming trends in royalty payments at listed companies

In one out of four times, listed entities paid royalties exceeding 20% of their net profits to related parties. And 185 instances of royalty payments were by companies that made losses

Supreme Court dismisses 1994 Sebi appeal against Ambani's Reliance entities

SC dismisses Sebi's appeal against Reliance Investment Holdings, Mukesh, and Anil Ambani over 1994 takeover norms breach, citing 'inordinate delay' in the regulator's actions

CareEdge group to scale up share for its non-rating business to 20%

The plan is to establish regional hubs to enhance local connections in the countries rated by CARE