This is a good move for investors to be abreast of material events but a company’s job on the compliance front has become much tougher
Some FPIs have been observed to concentrate a substantial portion of their equity portfolio in a single investee company or a group of companies
Funnycontrol explores the Supari Exchange Board of India's new disclosure norms, including dispelling rumours.
The Sebi committee recommendations on conference call disclosures don’t go far enough even now to eliminate information asymmetry
The opposition to Sebi’s push to get listed companies to enhance disclosures on forensic audit is a misplaced one
Disclosures suggest that boards have clearly misunderstood the intent of the regulation. Worryingly, they remain shy of an honest evaluation of themselves
A Sebi circular is nudging listed companies to disclose the impact of COVID-19 on their operations, to ensure all investors have equal access to information
SEBI is tightening the screws on auditor resignations, both on when they can resign and the disclosures to be made when that happens.
To find out more about the kind of disclosures required before a M&A deal, Beena Parmar is in conversation with M Saraswathy. Tune in.
Markets regulator Sebi has stepped up scrutiny on developments in the escalating Tata- Mistry feud, keeping a close vigil on all disclosures being made as also the finer details of the board meetings of listed firms of the Tata group.
There are an increasing number of fund houses where the fund manager invests in the fund that they manage. How you should look at this phenomenon?
The states of Andhra Pradesh and Telangana are likely to have made the highest disclosures of roughly Rs 15,000-20,000 crore under the government‘s income declaration scheme (IDS), reports CNBC-TV18.
To provide a "fair picture" of a company's financial position, more than 3,000 disclosures will be required under the Indian Accounting Standards, according to chartered accountants' apex body ICAI
This norms could affect even the salaried class to a large extent, says Ved Jain, former President of the Chartered Accountants Association, adding issues would arise as people may not maintain proper documents in case of older purchases.
SEBI now wants India Inc to reveal more details on key material events such as acquisitions, amalgamations and even family agreements.
Sebi is looking to widen the definition of a ‘connected person‘. Everybody who has been directly or indirectly associated with the companies and has had regular communication with the company will be counted as a connected person.
Taking note of laxity in disclosures made by listed entities, the capital market watchdog has sought to define "material transactions" to make sure the price sensitive information are disseminated to stock exchanges on a timely basis.
The rule-making process for Companies Act, 2013, saw extensive public consultations and the exercise is now nearing completion, while CSR regulations would be among the first to get a detailed set of rules.
These disclosures are required to be made by any entity hiking its stake to five percent or more in a listed company, while entities already holding five percent stake are also required to make disclosures at the time of every purchase of two percent of more stake.
Sebi Chairman UK Sinha today said the discussions are almost complete with stock exchanges with regard to disclosures by companies.
Market watchdog Sebi has imposed a penalty of Rs five lakh on 18 entities for alleged failure to submit disclosures about changes in their shareholding pattern in Era Infra Engineering to the company and stock exchanges.
Sandeep Shenoy, Head of Research, Antique Stock Broking talks to CNBC-TV18 about his cherry picks for the day.