Page 87 - Latest Updates on SEBI
Top headlines: Reliance Retail buys stake in Just Dial, DoT aid for telcos
Business Standard brings to you the top headlines on Saturday
 "Top headlines: Reliance Retail buys stake in Just Dial, DoT aid for telcos")
Share allotment: PNB Housing Finance erred in pricing, says Sebi
Regulator says allotment of shares did not conform to the company's articles of association
 "Share allotment: PNB Housing Finance erred in pricing, says Sebi")
Northern Arc Capital files DRHP for IPO with market regulator Sebi
Northern Arc Capital Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share-sale
 "Northern Arc Capital files DRHP for IPO with market regulator Sebi")
Paytm's merchant base grows to 21.1 million in FY21 from 11.2 mn in FY20
The firm's GMV increased to Rs 4.03 trn as of March 31, 2021, from Rs 2.29 trn as of March 31, 2109
 "Paytm's merchant base grows to 21.1 million in FY21 from 11.2 mn in FY20")
Investors to get option to block securities in demat accounts: Sebi
Investors will soon have the option to block securities on their respective demat accounts for sale transactions apart from the existing early pay-in mechanism.
Paytm set to break into top 10 most-valued financial stocks in India
According to investment banking sources, the company is eyeing a valuation of between $20 billion and $25 billion
 "Paytm set to break into top 10 most-valued financial stocks in India")
Paytm files DRHP for Rs 16,600-cr IPO; fresh issue size at Rs 8,300 cr
Ant Financial, Alibaba, Elevation Capital V, Saif III Mauritius, Svf Panther (Cayman) and Bh International Holdings are looking to offload some part of their shares through the OFS
 "Paytm files DRHP for Rs 16,600-cr IPO; fresh issue size at Rs 8,300 cr")
Sebi moves Supreme Court against SAT order on Franklin Templeton
Sebi has moved SC against June 28 order of SAT which stayed its decision to bar Franklin Templeton from launching new debt schemes for two years and had asked the fund house to refund over Rs 512 cr
 "Sebi moves Supreme Court against SAT order on Franklin Templeton")
Sebi exempts family trust linked to Capri Global from open offer obligation
Markets regulator Sebi on Thursday exempted J J R Family Trust from making open offer following its proposed acquisition of shares in Capri Global Capital Ltd.
Intellect Design's Arun Jain, daughter settle case with Sebi, pay Rs1.76 cr
Intellect Design Arena Ltd's promoter Arun Jain and his daughter Aarushi Jain have settled with Sebi an alleged insider trading case after paying Rs 1.76 crore collectively.
Chanda Kochhar matter: SAT asks Sebi officer not to proceed till Sep 15
The Securities Appellate Tribunal (SAT) has restrained Sebi's Adjudicating Officer from proceeding till September 15 in a matter related to former ICICI Bank chief Chanda Kochhar.
Consent of most shareholders needed for shutting down debt schemes: SC
The apex court had upheld on February 12 the validity of e-voting process for winding up of the MF schemes and said that disbursal of funds to unit-holders will continue
 "Consent of most shareholders needed for shutting down debt schemes: SC")
SAT questions Sebi's intervention in PNB Housing-Carlyle Group deal
Says regulator could've waited before passing order in PNB HF matter
 "SAT questions Sebi's intervention in PNB Housing-Carlyle Group deal")
Valuing growth
Start-up listings will open up opportunities
 "Valuing growth")
Bahl, Kapur settle case with Sebi, pay Rs 61 lakh for rule breach
The matter pertains to dealing in shares of PMC Fincorp between March 2012 and March 2015
 "Bahl, Kapur settle case with Sebi, pay Rs 61 lakh for rule breach")
Attach bank, demat accounts to recover due amount in Avon Corp case: Sebi
Markets regulator Sebi on Tuesday ordered attachment of bank accounts as well as shares and mutual fund holdings of an individual to recover dues totalling around Rs 1.13 crore.
Shri Bajrang Power and Ispat files Rs 700-cr IPO papers with Sebi
Integrated steel company Shri Bajrang Power and Ispat Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 700 crore through an initial share-sale
 "Shri Bajrang Power and Ispat files Rs 700-cr IPO papers with Sebi")
Madhur Deora to Renu Satti, meet Paytm's key managerial personnel
According to Securities and Exchange Board of India regulations, the DRHP or offer document is required to have details about directors, promoters and key management personnel
 "Madhur Deora to Renu Satti, meet Paytm's key managerial personnel")
PNB Housing to SAT: Sebi can't compel us as AoA is just a contract
It argued that AoA cannot override the Sebi's ICDR (Issue of Capital and Disclosure Requirements) regulations, which listed firms have to follow for issuing preferential allotments
Paytm's key management personnel likely to be named in its DRHP
Paytm's wholly-owned arms are also being run by key leaders, including Varun Sridhar, who heads Paytm Money, Satish Gupta (Paytm Payments Bank) and Vineet Arora (Paytm General Insurance)
 "Paytm's key management personnel likely to be named in its DRHP")