Page 59 - Latest Updates on SEBI
SAT dismisses Sebi order against HDFC Bank in BRH Wealth Kreators case
In its order on Friday, SAT said the bank was justified in invoking the pledge made by the broker BRH
 "SAT dismisses Sebi order against HDFC Bank in BRH Wealth Kreators case")
Archean Chemical Industries files paperwork with Sebi to launch IPO
Archean is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world
 "Archean Chemical Industries files paperwork with Sebi to launch IPO")
Big firms ask Sebi to reverse 'tedious, complicated' related-party rule
The regulator tightened the norms after alleged irregularities were observed in the case of some companies including DHFL and Fortis Healthcare.
 "Big firms ask Sebi to reverse 'tedious, complicated' related-party rule")
NSE in firefighting mode to minimise reputational harm after Sebi's order
Reaches out to stakeholders; more meetings planned
 "NSE in firefighting mode to minimise reputational harm after Sebi's order")
Sebi rejigs advisory committee on alternative investment policy
The committee has now 20 members, as per an update by the Securities and Exchange Board of India (Sebi).
 "Sebi rejigs advisory committee on alternative investment policy")
Regulators should be accountable for delay/laxity in indicting wrongdoers
The scandal at the very top of the National Stock Exchange shows it's a systemic failure which must be rectified quickly
CBI quizzes Chitra Ramkrishna; calls for lookout on her, Narain
Ramkrishna was ousted from the NSE in 2016 for her alleged role in algo-trading through the use of colocation servers, and abuse of power in appointing Subramanian
 "CBI quizzes Chitra Ramkrishna; calls for lookout on her, Narain")
Sebi plans tougher pricing norms for startup IPOs amid share meltdown
Proposes disclosure of relevant KPIs made before pre-IPO investors
 "Sebi plans tougher pricing norms for startup IPOs amid share meltdown")
Poonawalla Fincorp looking to exceed AUM of Rs 21,000 crore by FY23
The Poonawalla Fincorp AUM was flat at Rs 15,228 crore at the end of December 2021 against Rs 15,006 crore in December 2020
 "Poonawalla Fincorp looking to exceed AUM of Rs 21,000 crore by FY23")
Sebi lifts restrictions on 10 entities in Zee Ent insider trading case
Markets regulator Sebi on Friday lifted restrictions imposed on ten entities, including individuals, in a matter pertaining to alleged insider trading in the scrip of Zee Entertainment Enterprises Ltd
 "Sebi lifts restrictions on 10 entities in Zee Ent insider trading case")
NSEL case: Sebi cancels registration of K R Choksey Commodity Brokers
Capital markets regulator Sebi on Friday cancelled registration of K R Choksey Commodity Brokers for facilitating its clients to trade on the platform of NSEL in the illegal 'paired contracts'.
 "NSEL case: Sebi cancels registration of K R Choksey Commodity Brokers")
Sebi moots new disclosure framework for IPOs of loss-making tech companies
Sebi on Friday moots that loss-making new age tech firms planning to list their shares should make key performance indicator disclosures considered to arrive at basis of issue price in offer document.
TMS Ep111: SEBI U-turn, plant-based meat, crude oil prices, Github
What are the lessons from Sebi's U-turn on splitting CMD role? What is the future of plant-based meat in India? How will crude oil prices play out in the days to come? What is Github? All answers here
 "TMS Ep111: SEBI U-turn, plant-based meat, crude oil prices, Github")
What lessons can Sebi learn from its U-turn on splitting CMD role?
Despite four years effort, Sebi's attempt to introduce global practice of keeping the offices of chairmen and MDs at companies separate in India didn't yield results. What does this about turn mean?
NSE's 2016 DRHP filing made only a brief reference to Anand Subramanian
The DRHP, which must enlist all key risk factors, came in within two months of Anand Subramanian quitting as Group Operating Officer and Advisor to MD and within weeks of Chitra Ramkrishna's leaving
 "NSE's 2016 DRHP filing made only a brief reference to Anand Subramanian")
Chitra Ramkrishna, Subramanian ran money making scheme, alleges Sebi
Sebi's Feb 11 order cites frequent hike in Subramanian's compensation without proper appraisal, documentation or file notings, and with no involvement of HR head or NRC
 "Chitra Ramkrishna, Subramanian ran money making scheme, alleges Sebi")
Chitra Ramkrishna's fall from grace: 'Queen of bourses' to Rs 3-cr penalty
Ramkrishna was the third woman to head an exchange in the Asia-Pacific region after Sri Lanka's Colombo Stock Exchange and China's Shenzhen Stock Exchange
 "Chitra Ramkrishna's fall from grace: 'Queen of bourses' to Rs 3-cr penalty")
Cooperating with regulator in probe of alleged information leak: NSE
The NSE said the matter involving leak of confidential information to an unknown person by its erstwhile chief Chitra Ramkrishna was an old issue and the exchange had already made a course correction.
 "Cooperating with regulator in probe of alleged information leak: NSE")
Took measures to address concerns raised in Sebi's order: NSE
NSE responds to Sebi order on governance lapses, says will extend 'full co-operation'
 "Took measures to address concerns raised in Sebi's order: NSE")
Sebi penalises two brokers in NSE colocation case
Sebi order says they continuously tried to log into the secondary server of NSE for faster access