SEBI UPDATE

SEBI instructed MIIs to ensure uniform charges benefiting end clients, with changes effective from October 1, 2024. The circular aims to rectify incorrect disclosures, especially regarding charges collected from end clients by MIIs. MIIs are directe...

Sebi approves IPO plans for FirstCry, Unicommerce, and Gala. FirstCry proposes to utilise the net proceeds up to Rs 1816 crore from the offer towards funding the expenditure for setting up new modern stores under the 'BabyHug' brand, setting up a wa...

In a significant move, the regulator approved a fixed price process for voluntary delisting, offering companies an alternative to the existing reverse book-building mechanism. Sebi chief Madhabi Puri Buch emphasised that unregulated entities providi...

The regulator has introduced a Product Success Framework for single stock futures and options, aiming to enhance liquidity and participation in the derivatives market while ensuring market development, regulation, and investor protection. The framew...

Sebi is intending to advance the timing of terminating special rights, from the date of listing of IPO shares to the date of filing of updated DRHP.

The company's former MD and CEO, Pawan Singh, has been barred from holding any position as a director or key managerial personnel in any listed company or any intermediary registered with Sebi for two years. Furthermore, the regulator imposed a fine...

Bajaj Housing Finance, a non-deposit taking housing finance company, has filed Rs 7,000 crore IPO DRHP with fresh equity shares and OFS. In the OFS, Bajaj Finance will off-load its shares.

The regulator said dividend, interest or redemption payment withheld presently by listed companies and registrar and transfer agents for want of nomination should be processed accordingly.

In a circular, the markets regulator said, based on representations received from participants, for ease of compliance and investor convenience, non-submission of 'choice of nomination' shall not result in the freezing of demat accounts as well as M...

The IPO comprises fresh equity sale of Rs 120 crore and an offer for sale (OFS) of up to 6.66 crore shares. Under the OFS, SAIF Partners, Peak XV Partners, Aloke Bajpai, Rajnish Kumar, Micromax Informatics and Placid Holdings will offload part of th...

The updated Saa₹thi app comes with an user-friendly interface. Its comprehensive tools are aimed at simplifying complex financial concepts. It has financial calculators, modules that introduce and explain KYC procedures, mutual funds, ETFs, buying a...

There are no changes in the list this month. All the schemes fared well. Please follow our monthly updates to keep track of your investments.

The move is meant to restrict the impact of finfluencers in the IPO market and help investors have an easier understanding of key features of an offer. All IPO-bound companies are mandated to make videos informing investors not to rely on finfluence...

Rules mandate at least 20% of promoters’ shares to be locked in for a certain period of time post-listing after an IPO. This relaxation will help new-age technology companies as founders’ shareholding comes down usually after an IPO. Non-promoter sh...

Equity cash and derivative markets will hold special trading sessions on Saturday, marking the third occurrence of such Saturday sessions this year. Previous instances took place in January and March.

This is the second such instance in 2024 to test preparedness for handling unexpected disasters. The special session shall be divided into two segments. In the first part, the market will open for normal trading on 9:15 am and end at 10 am.

Asset Management Companies are required to put in place a structured institutional mechanism for identification and deterrence of potential market abuse. While Sebi will specify the broad framework of the institutional mechanism, industry body Assoc...

BSE in its filing to the exchanges on Friday stated that the regulator has also asked the company to pay differential regulatory fee for the past periods with applicable interest of 15% per annum on the amount remaining unpaid or belatedly paid or s...

SEBI found offshore funds breaching Adani investment rules, seeking settlement with penalty. Regulator demanded group level disclosures. Adani denies 'acting in concert'. No response to email requests.