Page 26 - Latest Updates on SEBI
ESAF SFB refiling draft papers for IPO, will finish process by Dec
Issue size to smaller than earlier plan of Rs 998 crore, says company's CEO
 "ESAF SFB refiling draft papers for IPO, will finish process by Dec")
Sebi's refund to Sahara investors reach Rs 138 crore since 2012
This amount stood at Rs 23,191 crore and Rs 21,770.70 crore as of March 31, 2021 and March 31, 2020 respectively
 "Sebi's refund to Sahara investors reach Rs 138 crore since 2012")
Sebi pegs dues worth Rs 67,228 cr as 'difficult to recover': Annual report
In its annual report, the regulator has categorised dues worth Rs 67,228 crore as Difficult To Recover (DTR)
 "Sebi pegs dues worth Rs 67,228 cr as 'difficult to recover': Annual report")
Sebi slaps Rs 21 cr fine on 52 entities in Religare Finvest fund case
Sebi has imposed a fine totalling Rs 21 crore on 52 entities, including Fortis Healthcare Holdings, in a case pertaining to huge diversion and misutilisation of funds of Religare Finvest
Markets regulator Sebi penalises 9 persons in Bombay Dyeing case
Sebi has slapped a penalty totalling Rs 59 lakh on nine persons in a case pertaining to alleged fraudulent scheme of misrepresenting financial statements of Bombay Dyeing
 "Markets regulator Sebi penalises 9 persons in Bombay Dyeing case")
FirstMeridian Business Services gets Sebi's nod to float Rs 800-cr IPO
Staffing firm FirstMeridian Business Services Ltd has received capital markets regulator Sebi's go ahead to raise up to Rs 800 crore through an IPO
 "FirstMeridian Business Services gets Sebi's nod to float Rs 800-cr IPO")
Sebi recovery rate less than 2% of Rs 99,490 cr claimed since 2013-14
Number of pending notices was up 31% to 2,872 at the end of FY22, from 2,193 the previous year
 "Sebi recovery rate less than 2% of Rs 99,490 cr claimed since 2013-14")
Subdued equity market slows mutual fund penetration, shows data
Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions
 "Subdued equity market slows mutual fund penetration, shows data")
Market regulator Sebi issues guidelines to standardise CRAs' rating scales
The regulator also specified standard descriptors for 'rating watch' and 'rating outlook'
Sebi bans Mehul Choksi from securities market for 10 years, fines Rs 5 cr
Choksi is already facing Income Tax department and ED action
 "Sebi bans Mehul Choksi from securities market for 10 years, fines Rs 5 cr")
SFBs need Rs 4,000 cr capital to maintain 30% CAGR in advances: CareEdge
Capital raising delayed amid volatile markets, lower risk apetite among investors
 "SFBs need Rs 4,000 cr capital to maintain 30% CAGR in advances: CareEdge")
Sebi issues guidelines to standardise usage of rating scales used by CRAs
Also, Sebi said that rating symbols should have CRA's first name as prefix
Sebi suspends registration of RTA for three months over operational lapses
Findings against Satellite Corporate Services "shocking and disturbing", says Sebi order
 "Sebi suspends registration of RTA for three months over operational lapses")
Using tech to crack down on insider trading: Sebi's Madhabi Puri Buch
Chairperson Madhabi Puri Buch says developing algos to identify mis-selling and other violations
 "Using tech to crack down on insider trading: Sebi's Madhabi Puri Buch")
Sebi to auction properties of Bishal Group on Nov 30 to recover money
Capital markets regulator Sebi will auction as many as 10 properties of Bishal Group of companies on November 30 to recover money that was illegally raised by the firms from the public
Sebi's front-running investigations rise even as overall cases dip
More probes were completed than in the previous year
Sebi clarifies on block mechanism facility pertaining to demat accounts
The early pay-in mechanism is used by traders to reduce their margin obligations
Analysts positive on Bank Nifty, advise picking up stocks on dips
Bank Nifty index has been outperforming the benchmark Nifty. It has gained 4% in the past one month and 16% YTD. In comparison, Nifty is up less than 2% both on a one-month and YTD basis
 "Analysts positive on Bank Nifty, advise picking up stocks on dips")
Sebi bars Momentum Tips, its proprietor from securities markets for 3 years
Sebi has barred Momentum Tips and its proprietor Ajay Kumar Mukhiya from the securities markets for three years for providing unauthorised investment services
Utkarsh Small Finance Bank gets Sebi's go ahead to float Rs 500-crore IPO
The lender may consider issue of securities aggregating up to Rs 100 crore in a pre-IPO placement round
