Jane Street had moved SAT last week alleging that Sebi did not provide complete inspection of documents to the firm in connection to the interim ex-parte order passed against the trader.
Sources said these are one of the biggest raids in Sebi’s history in terms of monetary value.
Under current rules, delisting is successful if promoter shareholding reaches 90 per cent. Moreover, the floor price for delisting is calculated using several pricing metrics such as 60-day average price and highest price in the last 26 weeks
The decision has been taken amid an increase in the market size. Cash equity markets' trading volumes have more than doubled between FY 2022-23 and FY 2024-25.
The board of the capital markets regulator, which met here in Mumbai today, approved a slew of changes for the SME IPO segment, which has been under the regulatory scanner for quite some time now.
In June 2023, Sebi passed an interim order, wherein the regulator prohibited five entities, including Eros International and its Managing Director (MD) Sunil Lulla from securities markets in a case on the possible diversion of funds based on prima facie findings
Ambani, the spokesperson in a statement said, had resigned from the the board of Reliance Infrastructure Ltd and Reliance Power Ltd pursuant to Sebi's interim order dated February 11, 2022 in the a matter pertaining Reliance Home Finance Ltd
During FY 2023-24, Sebi spent Rs 2.73 crore from its Investor Protection and Education Fund (IPEF), Rs 11.93 crore in FY23, Rs 6.81 crore in FY22, Rs 28.84 crore in FY21 and Rs 11.84 crore in FY20, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha
The proposed initial public offer (IPO) is a combination of a fresh issue of equity shares worth Rs 500 crore and an offer for sale (OFS) of up to Rs 1,700 crore by promoters and investor shareholders, according to the draft red herring prospectus (DRHP) filed on Wednesday
Additionally, Sebi allowed fund houses to have a single fund manager to oversee commodity and foreign investments. This would reduce the cost of managing the fund.
This development positions the ICRA Group among the few Indian entities offering holistic risk-monitoring solutions, including ESG ratings and scores
This would be the country's first non-cyclical index fund and the NFO is expected to go live in the first week of May, the company said in a statement.
Over 30 companies have filed draft IPO papers with the Securities and Exchange Board of India (Sebi).
The other firms whose properties will be auctioned are Just-Reliable Projects India Ltd, Orion Industries, and Rakhal Bharoti group of companies.
The RBI’s measures towards evergreening look prudent and swift because of the access of in-depth data the regulator has from the lenders it regulates. But SEBI’s access to data is limited in AIFs, which is its shortcoming
"The main intention of a fast track public issuance of debt securities is to facilitate frequent issuers with a consistent track record, to make public issues of debt securities with reduced time, cost and effort," Sebi said in its consultation paper.
In its notice issued on November 23, the regulator has also warned Panchariya of arrest and attachment of assets as well as his bank accounts if he fails to make the payment within 15 days.
The recovery proceedings against KSBL's former VP (finance and accounts) Krishna Hari G; KSBL's former compliance officer Srikrishna Gurazada; KSBL's General Manager of back office operation Srinivasa Raju for Rs 1.80 crore, includes interest, all costs, charges and expenses, Sebi said in three attachment orders on November 14.
As many as 16 complaints were pending for more than three months on SCORES as of October-end, involving 12 entities such as SBI Mutual Fund, UTI Mutual Fund, JSW Steel Ltd, Waree Renewable Technologies Ltd, Sundaram Mutual Fund and Tirupati Fincorp Ltd.
The 14 entities include Udit Todi, the son of the managing director of Lux, who is currently holding the post of executive director in the company, according to Sebi's order.
This came after the company filed a settlement application with Sebi proposing to settle the enforcement proceedings that may be initiated against it for the alleged lapse of non-compliance of Listing Obligations and Disclosure Requirements (LODR) Regulations by "neither admitting nor denying" any finding.
The fines need to be paid jointly and severally within 45 days, the Securities and Exchange Board of India (Sebi) said in an order.
New Delhi, Sep 15 Capital markets regulator Sebi on Friday imposed penalties totalling Rs 2.46 crore on two companies and 7 individuals, including p..
Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case
Under Sebi norms, credit rating agencies (CRAs) have to share certain information with Debenture Trustees (DTs).
