Page 36 - Latest Updates on SEBI
Sebi approval not needed for buying NDTV shares: Adani Enterprises
Says any subsequent attempt to return money received or original warrant certificate will have no legal effect on exercise of warrants by VCPL
 "Sebi approval not needed for buying NDTV shares: Adani Enterprises")
An interim Sebi order must not be open-ended
Delayed justice is unfair to those who may ultimately be found not guilty, and also to those who may be found guilty
Sebi comes out with disclosure requirement for asset management companies
Capital markets regulator Sebi on Thursday came out with the disclosure framework for asset management companies, mandating a scheme-wise disclosure of investments in securities of entities
 "Sebi comes out with disclosure requirement for asset management companies")
Sebi approval needed for Adani to secure promoter group's stake: NDTV
Regulator in 2020 barred Prannoy and Radhika Roy from selling their shares, says news company
 "Sebi approval needed for Adani to secure promoter group's stake: NDTV")
Top Headlines: NDTV-Adani ownership battle, sugar exports, and more
New Delhi Television (NDTV) can prevent a takeover by the group if it can buy more shares from public shareholders, corporate lawyers told Business Standard
 "Top Headlines: NDTV-Adani ownership battle, sugar exports, and more")
Titan case: Sebi fines 8 individuals for breach of insider trading norms
The transactions were carried out by the designated persons/employees of Titan between April 2018 and March 2019
Sebi introduces prudential limits on PMS investments in related firms
The Securities and Exchange Board of India (Sebi) has imposed prudential limits on investments by portfolio managers in their own associates or related parties.
Stitched Textiles scraps Rs 200-cr IPO plan; withdraws draft papers
The draft offer documents for the IPO were withdrawn on August 16 and the reasons for the withdrawal have not been disclosed, an update with the markets regulator showed on Tuesday.
 "Stitched Textiles scraps Rs 200-cr IPO plan; withdraws draft papers")
Four individuals settle with Sebi case related to Sobha Ltd, pay Rs 2.93 cr
It was alleged that Sobha Ltd had misrepresented the receivables for the construction of residence of one D K Shivakumar (DKS) and misreported service tax/GST dues of individual in 3 financial years
 "Four individuals settle with Sebi case related to Sobha Ltd, pay Rs 2.93 cr")
PharmEasy calls off its public offer; to go for rights issue instead
API Holdings, the parent company of PharmEasy, wrote to shareholders announcing withdrawal of DRHP
 "PharmEasy calls off its public offer; to go for rights issue instead")
Adani to launch open offer to acquire stake in ACC, Ambuja Cement on Aug 26
Markets regulator Sebi granted approval for the open offer this week. The open offer is estimated at over Rs 31,000 crore if fully subscribed.
 "Adani to launch open offer to acquire stake in ACC, Ambuja Cement on Aug 26")
Adani Group gets approval for $3.8 billion open offer for Ambuja, ACC
Adani's open offer price for Ambuja is at a 6 per cent discount compared to Thursday's closing price, while that for ACC is at a one per cent discount, data from BSE shows
 "Adani Group gets approval for $3.8 billion open offer for Ambuja, ACC")
Sebi moves to safeguard demat accounts through block mechanism
Sebi, in a circular on Friday, said that the decision was taken "considering the benefits of block mechanism"
Sebi urges intermediaries to join accounts aggregator framework
The market regulator also set rules that will specifically be applicable to players in the stock market ecosystem joining the aggregator framework
Block mechanism in demat must for share sale transactions from Nov: Sebi
Markets regulator Sebi on Friday made it mandatory for investors to block securities on their respective demat accounts for sale transactions.
Adani Group gets Sebi approval for $3.8 billion open offer for Ambuja, ACC
The group, led by Asia's richest person Gautam Adani, is set to make an offer to buy 26% of Ambuja Cements Ltd. for 385 rupees per share and the same stake for 2,300 rupees per share of ACC Ltd
 "Adani Group gets Sebi approval for $3.8 billion open offer for Ambuja, ACC")
Sebi tightens overseas norms for alternative investment and VC funds
Going ahead, all AIFs and VCFs will have to file an application before the market regulator for allocation of overseas investment limit in a format specified by Sebi
 "Sebi tightens overseas norms for alternative investment and VC funds")
Sebi comes out with guidelines for overseas investment by AIFs, VCFs
"The requirement of the overseas investee company to have an Indian connection has been done away with," Sebi said in a circular
Domestic module manufacturer Vikram Solar gets Sebi nod to launch IPO
The firm produces solar photo-voltaic modules and is an integrated solar energy solutions provider offering EPC services, and operations and maintenance services
Goldman Sachs sees India bonds getting added to JP Morgan index in 2023
The development is expected to trigger passive inflows of about $30 bn that will help the country finance its current account and fiscal deficits
 "Goldman Sachs sees India bonds getting added to JP Morgan index in 2023")
