MARKETS
‘Fantastic move by SEBI’: Mohandas Pai lauds proposal to revive open market share buybacks
SEBI had discontinued buybacks through the stock exchange route from April 1, 2025, citing concerns over fairness and taxation.
MARKETS
SEBI proposes revival of open market share buybacks
SEBI noted that under the revised provisions of the Income Tax Act, buyback proceeds will be taxed as capital gains in the hands of shareholders. This aligns the tax treatment of buybacks with regular market transactions, eliminating the disparity that previously existed between shareholders who participated in buybacks and those who did not.
MARKETS
SEBI to launch a special platform for investment advisors soon
Despite more than 22 crore demat holders in the country the number of investment advisors is less than 1000 and number of active investment advisors is even less.
MARKETS
SEBI flags questionable operations, ‘inflated revenue’ misleading disclosures at Elitecon; Rs 51-cr illegal gains impounded
SEBI alleged that promoters, including Vipin Sharma, offloaded shares into a rising market that was, prima facie, supported by selective disclosures and sustained positive messaging. The regulator said the company allegedly delayed or failed to disclose material developments, including regulatory actions.
BUSINESS
NSE seeks shareholders’ interest for OFS participation, kicks off key process for IPO
The development signals renewed momentum in NSE’s listing plans, with the exchange beginning the process of identifying selling shareholders ahead of the public issue
MARKETS
Sub-brokers the weakest link in compliance? Unauthorised trades to profit-sharing schemes, NSE uncovers widespread AP violations
Exchanges, in consultation with SEBI, were supposed to come up with a consultation paper to review APs regulation last year, as the working group had already submitted its report. A working group had recommended very stringent due diligence norms, The status of the consultation paper is not known.
MARKETS
SEBI bars ‘Trading Tip Guru’ Yash Garg, orders Rs 93 lakh refund in illegal advisory case
SEBI said unregistered entities offering advisory services pose significant risks as they operate outside regulatory safeguards and undermine investor protection and market integrity.
MARKETS
Viresh Joshi claims innocence in Axis MF case; PMLA court takes cognizance of ED's chargesheet
ED claims Joshi routed funds through a network of shell entities and bank accounts of family members to conceal illicit gains. These funds were allegedly used to acquire multiple immovable properties in India and abroad
MARKETS
SEBI orders Rs 2.64 crore disgorgement from Ludhiana-based dealer
SEBI’s investigation, covering the period from 2018 to 2022, showed a clear pattern. The dealer traded on 1,352 days and had a very high overlap of 906 days with big client trades.
MARKETS
SEBI panel backs phased entry of FPIs into commodity derivatives, favours cash-settlement model
Allowing FPIs, who are already active in equity and debt markets, could bring in much-needed depth, improve price discovery, and align domestic markets more closely with international benchmarks.
BUSINESS
SEBI allows fund netting for FPI cash market trades to cut funding costs
This will help reduce funding costs for FPIs, especially on index rebalancing days. It was a long-pending demand of foreign portfolio investors.
BUSINESS
SC dismisses Avadhut Sathe Trading Academy plea but allows Rs 2.25-crore withdrawal for expenses
The top court clarified that it has not modified any of the directions issued by the tribunal. It also explicitly stated that SEBI remains fully empowered to enforce the SAT’s order.
MARKETS
SEBI drops action against Vishvaraj Environment and 3 merchant bankers as RBI confirms lapses regularised
Taking note of the RBI’s updated position, SEBI held that the very basis of the show cause notice, the existence of serious, unresolved regulatory violations, no longer existed.
MARKETS
SAT gives relief to Computech Sharecap, replaces SEBI’s license cancellation with 1-year client ban
SEBI had cancelled the firm’s licence as a Registrar to an Issue and Share Transfer Agent (RTA) in June 2021 for non-co-operation in inspection and audit and not maintaining records.
MARKETS
Exchanges roll out SOP for Closing Auction Session; no penalty for algo trades in CAS
CAS will be a new system to determine how the final price of shares and index is calculated at the end of the trading day. The new system is called the Closing Auction Session (CAS) and will be started step-by-step, first for stocks that also have derivatives trading from August 3, 2026.
MARKETS
SEBI likely to clear netting of funds for FPIs, ease ‘Fit and Proper’ criteria for intermediaries and relax REIT and InvITs norms
As per sources, key proposals related to FPIs, review of Fit and Proper criteria for intermediaries, Ease of Doing proposals related to REITs and InvITs are likely to be part of the board meet agenda. Board is also expected to take up the revised proposal on code of conflict for board members and SEBI employees.
BUSINESS
SEBI approves settlement application of 111 brokers in algo platform violations case
Brokers paid a settlement amount of Rs 1 lakh each, resulting in total collections of Rs 1.11 crore. The list of entities includes a wide spectrum of the broking industry, from large, well-known players such as Zerodha, ICICI Securities, HDFC Securities and Angel One to mid-sized and regional brokers.
MARKETS
SEBI bars 18 entities in stock manipulation case, orders Rs 2.94 crore disgorgement, Rs 2.80 crore penalty
SEBI noted that the entities involved had family, professional, or financial connections. While some noticees argued that their trades were independent and driven by market conditions, SEBI rejected this contention.
MARKETS
Over 4,000 NBFCs remain non-compliant with PMLA norms, yet to register on FIU-IND portal
FIU India says, this non-compliance keeps these NBFCs outside FIU-IND's reporting ambit, depriving the system of critical transaction data essential for monitoring suspicious activities.
IPO
Govt eases public shareholding norms to facilitate mega IPOs
The revised framework introduces a tiered structure based on the size of the company’s post-issue capital calculated at the offer price
MARKETS
SEBI reshuffles portfolios of key department EDs; WTM reshuffle likely next
Some of the reshuffles have already taken effect, while others are scheduled to be implemented in the first week of April.
MARKETS
Govt appoints K V Ramana Murty as SEBI whole-time member: Sources
Whole-time members form part of SEBI’s top decision-making body and oversee key regulatory and operational functions.
MARKETS
SEBI proposes simplified claim process, higher limits to ease transmission of securities
The move is expected to significantly reduce the compliance burden in cases involving small investments and allow quicker settlement of claims.
MARKETS
Merchant bankers begin NSE IPO pitches; legal advisor likely to be finalised this week
The development follows the NoC issued by the SEBI on January 30, clearing a key regulatory hurdle for the exchange to proceed with its long-delayed listing plans.
