Page 41 - Latest Updates on SEBI
Sebi considers bringing MF transactions under insider trading ambit
The rules, if applied, would bring transacting in MF units at par with shares and would put the responsibility on top industry officials
 "Sebi considers bringing MF transactions under insider trading ambit")
Sebi imposes Rs 10 lakh fine on Bajaj Hindusthan for disclosure lapses
The company has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order
 "Sebi imposes Rs 10 lakh fine on Bajaj Hindusthan for disclosure lapses")
IIFL Wealth Management pays over Rs 3 crore to settle case with Sebi
The company was alleged to have violated stock brokers' regulation as well as PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) regulations
 "IIFL Wealth Management pays over Rs 3 crore to settle case with Sebi")
Sebi proposes insider trading rules applicability in mutual fund dealings
Capital markets regulator Sebi on Friday proposed the applicability of insider trading rules to dealing in mutual fund units to initiate enforcement actions against those who misuse non-public info
Gurugram: 2 booked for fraudulently taking loans worth crores of rupees
Police here booked two directors of a luxury car showroom for fraudulently taking loan worth crores of rupees using three luxury cars.
 "Gurugram: 2 booked for fraudulently taking loans worth crores of rupees")
Zee Entertainment's two promoter entities settle a case with Sebi
It was alleged that the entities violated insider trading norms and disclosure lapses under SAST (Substantial Acquisition of Shares and Takeovers) regulations.
 "Zee Entertainment's two promoter entities settle a case with Sebi")
Reconsider Cairn UK's complaint against Vedanta: SAT to Sebi
The tribunal has asked Sebi probe the violations and "take it to its logical conclusion within six months from today"
 "Reconsider Cairn UK's complaint against Vedanta: SAT to Sebi")
SAT quashes Sebi penalty of Rs 2,00,000 in ArcelorMittal Nippon Steel case
The ruling comes after an appeal was filed against the Sebi order that had levied Rs 2 lakh fine on Essar Steel for not making the requisite disclosure under LODR rules
 "SAT quashes Sebi penalty of Rs 2,00,000 in ArcelorMittal Nippon Steel case")
MF industry's asset base rises 14% to Rs 37.75 trn in June quarter: Amfi
Industry experts attributed increase in the AUM to inflows in the equity schemes, which reflects the growing confidence of investors.
 "MF industry's asset base rises 14% to Rs 37.75 trn in June quarter: Amfi")
Fired fund managers violated securities law, says Axis Mutual Fund
In May, Axis MF terminated Joshi and (Deepak) Agrawal, following allegations of tailgating
 "Fired fund managers violated securities law, says Axis Mutual Fund")
Auditor gave satisfactory report on business operations, says PFS
The forensic audit began after former chairman and outgoing independent directors of PFS raised governance and other issues in January this year
 "Auditor gave satisfactory report on business operations, says PFS")
Unkindest cut since 2020: mid, small-cap cut-off drops to its lowest
Amfi releases list of large, mid, and small-caps based on H1 stock price movement
 "Unkindest cut since 2020: mid, small-cap cut-off drops to its lowest")
Good time to invest in debt funds as portfolio yields rise, say experts
Opt for a mix of shorter-duration, target maturity, and dynamic bond funds
 "Good time to invest in debt funds as portfolio yields rise, say experts")
Sebi asks bourses, depositories to launch online complaint redressal system
To enable investors to lodge their complaints and track the status of redressal of such grievances, capital markets regulator Sebi on Monday asked exchanges to launch a complaints redressal forum
Corrtech International gets Sebi's go-ahead to raise funds through IPO
Corrtech International, a pipeline laying solutions provider, has received capital markets regulator Sebi's go ahead to raise funds through an Initial Public Offering (IPO).
 "Corrtech International gets Sebi's go-ahead to raise funds through IPO")
Sebi imposes fine of Rs 36 lakh on PGIM Asset Management and its CEO
The new DDPI system is designed to prevent misuse of client securities by brokers
Sebi extends last date for implementation of new pledging system to Sept 1
Earlier deadline was July 1; Move follows request by depository firms tasked with readying the backend for the new system for extension as the "changes to the systems are still under process"
Concord Enviro Systems files draft papers with Sebi for funds via IPO
The proposed IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 35,69,180 equity shares by promoters and an investor
 "Concord Enviro Systems files draft papers with Sebi for funds via IPO")
Parsvnath barred from investing in securities market for six months
Sebi found that Parsvnath Developers Ltd (PDL) failed to make provision for the outstanding amount in ledger accounts of contractors and sub-contractors
Kotak Trustee, 6 others fined over Essel exposure
The total penalty imposed on the Kotak Trustee and six others (noticees) works out to Rs 1.6 crore