Page 19 - Latest Updates on SEBI
IRM Energy files draft papers with Sebi, eyes up to Rs 700-crore via IPO
Gas distribution company IRM Energy Ltd has filed preliminary papers with Sebi to raise up to Rs 700 crore via an initial public offering (IPO)
 "IRM Energy files draft papers with Sebi, eyes up to Rs 700-crore via IPO")
Sebi issues performance benchmarking guidelines for portfolio managers
Sebi came out with guidelines for portfolio managers pertaining to performance benchmarking, asking them to adopt an additional layer of broadly defined investment "strategies"
 "Sebi issues performance benchmarking guidelines for portfolio managers")
Sebi penalises 10 entities for manipulating Millitoons Ent's stock prices
Capital markets regulator Sebi on Thursday levied fines totalling Rs 85 lakh on 10 entities for manipulating the share price of Millitoons Entertainment Ltd (MEL)
Indegene files draft papers with Sebi; eyes Rs 3,200 crore via IPO
The IPO comprises a fresh issue of equity shares worth up to Rs 950 crore and an Offer For Sale (OFS) of up to 3.63 crore equity shares by existing investors, according to the DRHP
 "Indegene files draft papers with Sebi; eyes Rs 3,200 crore via IPO")
IPO pipeline in India seen active in 2023 on smaller deals, shows data
Only 2 companies raised more than $500 mn via public offers in 2022
 "IPO pipeline in India seen active in 2023 on smaller deals, shows data")
Expect MF AUM to cross Rs 80 trillion by 2028: Amfi CEO N S Venkatesh
'Strong regulations are crucial for the orderly development of the market. Even a slip-up can break the trust of investors. We welcome the Sebi regulations'
 "Expect MF AUM to cross Rs 80 trillion by 2028: Amfi CEO N S Venkatesh")
Investors disappointed as 'open market' share buybacks lack punch
Actual acquisition cost 20% below max buyback price under open market route
 "Investors disappointed as 'open market' share buybacks lack punch")
Sebi planning 'micro' REITs to bring property companies to nascent market
'The regulator is considering reducing the size of REITs, allowing them to hold just a single asset or a diversified portfolio, to increase supply and flexibility for investors'
Beware of information paucity and liquidity risk in unlisted shares
Even seasoned investors should bet only 5-10% on such securities
 "Beware of information paucity and liquidity risk in unlisted shares")
Sebi penalises Crude Oil Tipswala, 3 individuals for unregistered services
Sebi on Wednesday levied a fine of Rs 3 lakh on Crude Oil Tipswala (COT) and three individuals for providing investment advisory services without market regulator's authorisation
CPAI asks Sebi to provide uninterrupted trading in cotton futures contracts
Commodity Participant Association of India (CPAI) has urged capital markets regulator Sebi to facilitate uninterrupted hedging and trading in cotton futures contracts to market participants
Overseas investors oppose Sebi's data localisation norms, cite cyber risk
Sebi's proposed mandate will negatively impact FIs' global operation, ASIFMA argues
 "Overseas investors oppose Sebi's data localisation norms, cite cyber risk")
Over a billion unclaimed shares in IEPF, shows Lok Sabha data
Less than 2% of such shares with IEPF make their way back to investors, shows data before Lok Sabha
 "Over a billion unclaimed shares in IEPF, shows Lok Sabha data")
Sebi bars AIFs from raising capital from non-compliant foreign investors
Foreign investor must be is a resident of the country whose market regulator is a signatory to either IOSCO multilateral MoU or has signed bilateral MoU with Sebi
 "Sebi bars AIFs from raising capital from non-compliant foreign investors")
Firms' fundraising via pvt placement of bonds more than doubles in Nov
Indian companies' fundraising through private placement of bonds more than doubled on-month in November, data from the country's capital markets regulator showed
Sebi receives over 30,000 whistleblower complaints: Chief vigilance officer
If we continue to misuse this policy with frivolous and mischievous complaints, then we are blunting it," she said
Subramanian Swamy alleges differential treatment by market regulator Sebi
Seeks the Sebi chair's intervention and probe in specific cases of violations
 "Subramanian Swamy alleges differential treatment by market regulator Sebi")
We Founder Circle announces 2 angel funds for early-stage start-ups
Mumbai-based We Founder Circle has in 23 months invested in more than 70 start-ups
 "We Founder Circle announces 2 angel funds for early-stage start-ups")
Sebi issues Rs 6.42 cr demand notice to Sahara group in OFCD issuance case
Sebi on Wednesday sent a notice to Sahara Group firm, its chief Subrata Roy and others asking them to pay Rs 6.42 crore within 15 days in a case pertaining to flouting regulatory norms
Sebi to auction properties of 4 firms on Jan 10 to recover investors' money
A total of 25 properties of the four companies will be auctioned at a reserve price totalling Rs 12.2 crore
