Page 43 - Latest Updates on SEBI
CBI gets seven days custody of Sanjay Gupta in NSE co-location scam
Gupta had allegedly made profits by getting early access to the stock market. A Mumbai based group helped Gupta in reaching SEBI officials. The CBI will try to learn who he paid the bribes to.
 "CBI gets seven days custody of Sanjay Gupta in NSE co-location scam")
Varun Beverages' Jaipuria settles case with Sebi after paying Rs 56 lakh
"This settlement order disposes of the aforesaid adjudication proceedings initiated against the applicant viz. Ravi Kant Jaipuria vide SCN... dated December 21, 2021," Sebi said in its order.
 "Varun Beverages' Jaipuria settles case with Sebi after paying Rs 56 lakh")
PVR, Inox get SEBI nod for merger to create India's largest multiplex chain
PVR promoters will have a 10.62% in the combined entity; Inox's side will have a 16.66%
 "PVR, Inox get SEBI nod for merger to create India's largest multiplex chain")
Five months on, some mutual funds reopen subscription to global funds
Edelweiss AMC on Monday said it has revoked the temporary suspension in seven of its international offerings with effect from June 21
 "Five months on, some mutual funds reopen subscription to global funds")
Sebi imposes Rs 1.62-crore fine on 9 entities for fraudulent trading
The regulator found that there were nine entities along with few others, collectively called Hemang Shah Group, were connected to each other and also traded in the scrip of SGWL
 "Sebi imposes Rs 1.62-crore fine on 9 entities for fraudulent trading")
Sebi allows mutual funds to resume investing in international stocks
Capital markets regulator Sebi has permitted mutual funds to again invest in foreign stocks within the aggregate mandated limit of $7 billion for the industry
What is the difference between an IPO and FPO?
An initial public offer (IPO) and a follow-on public offer (FPO) are two types of public issues available to investors. Here is a breakdown of the differences between the two.
 "What is the difference between an IPO and FPO?")
Don't invest directly in markets if you can't analyse stocks, say experts
Even those who know fundamentals-based investing must subject themselves to periodic reality checks
 "Don't invest directly in markets if you can't analyse stocks, say experts")
Sebi fines Reliance for not promptly disclosing 2020 Facebook deal
In April 2020, Meta's Facebook invested $5.7 billion in Reliance's Jio Platforms
 "Sebi fines Reliance for not promptly disclosing 2020 Facebook deal")
Sebi forms advisory panel to hybrid securities to enable larger retail play
The 20-member committee will be chaired by K V Kamath, Chairperson of National Bank for Financing Infrastructure and Development
Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers
Sebi said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the Facebook investment that led to a spike in RIL shares
 "Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers")
Sebi's total income increases marginally to Rs 826 crore in FY21
The market watchdog's total income rose to Rs 825.67 crore in FY21 from Rs 813.04 crore in 2019-20 in the preceding fiscal, indicating a growth of 1.55 per cent
Inox Green Energy files fresh draft papers with Sebi for Rs 740-cr IPO
The IPO comprises fresh issuance of equity shares worth Rs 370 crore and an offer-for-sale of equity stocks aggregating to Rs 370 crore by promoter Inox Wind
 "Inox Green Energy files fresh draft papers with Sebi for Rs 740-cr IPO")
India Exposition Mart gets Sebi's go ahead to float Rs 600-cr IPO
Going by the draft papers, the company may consider a private placement of equity shares aggregating up to Rs 75 crore. If such pre-IPO placement is undertaken, the fresh issue size will be reduced.
 "India Exposition Mart gets Sebi's go ahead to float Rs 600-cr IPO")
Demat a/cs maintained by stock brokers need to be tagged by June-end: Sebi
Credit of securities will not be allowed in any demat account left untagged from July 1 onwards. However, credits on account of corporate actions will be permitted, the Sebi said in a circular.
Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming
DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr
 "Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming")
Fund houses ready NFOs as ban nears end, say will comply with new norms
In a circular in October 2021, Sebi had stated that pooling of funds or units by stockbrokers and clearing members in any form or manner shall be discontinued for all mutual fund transactions
 "Fund houses ready NFOs as ban nears end, say will comply with new norms")
Sebi to auction properties of Royal Twinkle, Citrus Check Inns on July 15
The move is part of Sebi's effort to recover funds worth thousands of crores of rupees raised by the companies
Sebi panel provides facilities for PACL investors to update mobile number
A high-powered Sebi committee on Friday provided facilities to PACL investors to update details of their mobile numbers and enquire whether SMSs have been sent to them to submit original certificates
Sebi orders attachment of bank, demat accounts of Aakruti Nirmiti, 2 others
Sebi has ordered attachment of bank accounts as well as share and mutual fund accounts of Aakruti Nirmiti Ltd and its directors to recover investors' dues totalling over Rs 95 crore
