Page 2 - Securities
Arihant Superstructures to raise up to Rs 500 core through securities
Realty firm Arihant Superstructures Ltd plans to raise up to Rs 500 crore through issuance of securities. In a regulatory filing, the Mumbai-based firm said the board of directors approved raising of up to Rs 500 crore by issuance of securities. The issue of securities could be through private placement, preferential issue, qualified institutions placement (QIP), follow-on public offering ("FPO"), or a combination thereof. The proposed fundraising is subject to shareholders' approval and other regulatory approvals. The shareholders' approval would be obtained through Extra-Ordinary General Meeting in due course. The board of directors has also constituted a fundraising committee for this purpose.
 "Arihant Superstructures to raise up to Rs 500 core through securities")
Sebi probed 94 new cases for flouting securities law in FY21
As many as 94 fresh cases pertaining to flouting of securities norms were taken up for investigation by Sebi in 2020-21, a decline of 42 per cent from preceding financial year, as per latest report.
 "Sebi probed 94 new cases for flouting securities law in FY21")
Securitised pool collection ratios dip during second Covid wave: Crisil
Rating agency Crisil Ratings Wednesday said collection ratios in securitised pools have seen a dip during the second wave of the Covid-19 pandemic.
 "Securitised pool collection ratios dip during second Covid wave: Crisil")
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.
 "Investors to get option to block securities in demat accounts: Sebi")
West Bengal govt raises Rs 10,500 cr in Q1 FY22 via state loan auctions
The West Bengal government raised Rs 10,500 crore in the first quarter of the current financial year through auctions of state securities and state development loans, as per official data
 "West Bengal govt raises Rs 10,500 cr in Q1 FY22 via state loan auctions")
Ahead of Rs 10K-cr G-Sap, states see debt cost falling 20 bps to 6.75%
The weighted average cost of borrowing for the states has fallen by 20 bps over the past week to 6.75 per cent at the latest auctions.
 "Ahead of Rs 10K-cr G-Sap, states see debt cost falling 20 bps to 6.75%")
Tata Motors board approves proposal to raise up to Rs 500 cr via securities
Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis
 "Tata Motors board approves proposal to raise up to Rs 500 cr via securities")
US Court says Xiaomi no more Chinese military company; lifts securities ban
Global conglomerate Xiaomi said that a court in the US has formally vacated the Department of Defense's designation of Xiaomi as a "Communist Chinese Military Company"
 "US Court says Xiaomi no more Chinese military company; lifts securities ban")
G-SAP: Second tranche of bond buying worth Rs 35k cr on May 20, says RBI
The RBI had said on May 5 that it will buy Rs 35,000 crore bonds from the market, including the benchmark 10-year bonds
 "G-SAP: Second tranche of bond buying worth Rs 35k cr on May 20, says RBI")
PC Jeweller case: Sebi bars 4 individuals, 1 entity from securities mkt
Sebi on Tuesday imposed a total fine of Rs 1 crore on four individuals and an entity as well as barred them from the securities market for one year in a case of alleged insider trading activities
RBI rejects 10-year bids, leaving short sellers scrambling for cover
Brings down yield to 6.08%, down 4 bps from last close
 "RBI rejects 10-year bids, leaving short sellers scrambling for cover")
Negative real interest rate for savers behind RBI's govt bond buying plan
Central bank acknowledges further interest cuts unlikely as a recent rollback of small savings rate cut showed.
 "Negative real interest rate for savers behind RBI's govt bond buying plan")
Sebi bars Profit Money Advisor, its proprietor from securities market
Sebi on Thursday barred Profit Money Advisor and its proprietor from the securities market for carrying out unauthorised investment advisory activities
Vedanta says no pledge on shares; terms bar promoters from share sale
Vedanta Ltd's promoters cannot sell or create any security on shares they hold in the group as part of the terms attached to the recent $1.4 billion fund raising
 "Vedanta says no pledge on shares; terms bar promoters from share sale")
Vedanta Resources to issue $400 million notes to Oaktree Capital
The notes will be partly secured by shares in Mumbai-listed unit Vedanta Ltd
Sebi confirms ban on Karvy for misuse of clients' securities in final order
KSBL has also been prohibited from alienating any of its assets, except with prior permission of the National Stock Exchange (NSE), till the settlement of claims of investors
 "Sebi confirms ban on Karvy for misuse of clients' securities in final order")
Kotak Securities launches plan with zero brokerage on intra-day trades
This fixed brokerage plan is available for F&O across equity, commodity, and currency segments.
 "Kotak Securities launches plan with zero brokerage on intra-day trades")
Sebi directs open-ended debt MFs to maintain 10% liquidity buffer
Cash, government securities, treasury-bills and repo on government securities qualify as 'liquid assets'
Sebi bans Birla Pacific Medspa, Yash Birla, 8 others from securities
Birla Pacific Medspa Ltd (BPML), which came out with offer documents in March 2011, had floated its over Rs 65-core initial public offering (IPO) in June 2011
Sebi comes out with uniform time period for listing of securities
The timeline will be applicable for non-convertible redeemable preference shares, debt securities, securitised debt instruments, security receipts, and municipal bonds, said Sebi in a circular
