Page 23 - Securities And Exchange Board Of India

Sebi exempts govt from making open offer to Canara Bank's shareholders

The central government has proposed to infuse capital worth Rs 6,571 crore in the lender against allotment of equity on preferential basis in favour of it

ICICI Securities settles violation of stock broker norms case with Sebi

Accordingly, the Securities and Exchange Board of India (Sebi) disposed of the adjudication proceedings

EY's forensic audit on Karvy to focus on fund diversion of Rs 1,100 cr

The company stopped giving financial information on the group companies, leading to multiple downgrades by rating firm ICRA in November.

How the Karvy case brought another three dozen brokers under Sebi's radar

Karvy is among the country's top 10 brokerage companies, with 244,000 customers in the country

Sebi plans to invite applications to process investor complaints

The mandate for the agency is to receive grievances from investors through physical or electronic mode and categorise them

Strengthening regulation

Sebi should have taken up the issue of auditors' resignations

Sebi makes it mandatory for listed firms to disclose each loan default

Regulations on rights issue, portfolio managers revamped

Mutual funds will join DHFL's IBC resolution process: Sebi chief Tyagi

Mutual funds, which have lent substantial sums of money to DHFL had not joined previous attempts at resolution, after financial woes at the company came to light

Sebi mulls direct plans for AIFs, PMS to help investors save on expenses

The minimum ticket size for investing in AIFs is currently Rs 1 crore and for that in PMS is Rs 25 lakh. Both PMS and AIFs typically charge a fixed as well as variable fee based on the performance

Companies Act amendment likely to trigger easier rights issue norms

Vodafone Idea and Bharti Airtel both raised Rs 25,000 crore through a rights issue earlier this year

PwC-Satyam case: SC restores Sebi's power to restrain erring auditing firms

The apex court move comes as a big relief to Sebi as the SAT order had led to jurisdictional ambiguity

Sebi bans Pine Animation, 72 others from market for platform manipulation

The entire modus operandi of the case was first allot shares of the company on a preferential basis

Sebi lays down mechanism to map unique client code with demat account

Sebi has asked the bourses to share the UCC data having PAN, segment, TM/CM (clearing member) code and the allotted UCC with the depositories

Sebi puts in place disclosure framework for municipal debt securities

Under the new disclosure framework, Sebi said it has widened the definition of issuers, revised timelines for submission of annual and half-yearly financial results

Sebi to auction assets of Royal Twinkle, Citrus Inn in Dec to recover funds

The properties at Alappuzha in Kerala will be auctioned on December 4 at a total reserve price of a little over Rs 19 crore

Sebi to soon permit settling of options in goods, simplify trading

Under the existing system, options devolve into futures first and then futures are settled, making the entire process cumbersome

Sebi's cross-margining move to increase liquidity, trading volume in market

The regulator, in December 2008, allowed cross margining across cash and exchange traded equity derivatives segments

Offshore derivatives: Sebi eases guidelines for hedging instruments

The eligibility norms for NRIs/OCIs, however, have been retained according to the erstwhile circular.

Sebi issues operational norms to facilitate rollout of new FPI regulations

Under the new norms, all insurance entities and funds from FATF member countries have been classified as category-I FPIs

Sebi issues detailed circular on Aadhaar e-KYC for domestic investors

Under PMLA, entities in the securities market that are notified by the central government can undertake Aadhaar authentication