T+1 settlement For the markets, the Securities and Exchange Board of India (SEBI) has implemented an optional T+1 settlement period. T+1 denotes that settlements must be completed within one day after the transaction’s completion. The stock exchanges must decide whether they wish to opt for the short trade cycle for any of the listed stocks, …
The Indian stock market proved its resilience against Covid adversities by maintaining strong growth in 2020. Despite the initial hiccups at the beginning of the lockdown, the market not only bounced back quickly but grew to show investors’ faith in the stability of the market. The primary market (IPOs) shone through the gloom of the …
The Securities and Exchange Board of India (SEBI) has in its board meeting on September 28 given the green signal for a gold exchange in India by approving the framework for doing so. The move follows after the Finance Minister’s Budget announcement that the capital markets watchdog would act as a regulator for the gold spot …
16 August 2021 saw the debut of four companies at Dalal Street. To elaborate, Krsnaa Diagnostics, Exxaro Tiles, Windlas Biotech and Devyani International got listed on BSE and NSE. This listing preceded a strong IPO performance. Accordingly, it mounted anticipation on the performance of these stocks following their inclusion in the share market. Let’s look …
An Overview The government will shortly finalise the taxes issues of Indian companies’ overseas stock listings. Finance Minister Nirmala Sitharaman said on Monday that government departments have attended a handful of discussions on tax problems related to offshore listing and that the process had been “basically done.” Market participants have requested an exemption from capital …
An Overview To make REITs and InvITs more appealing to retail investors, the markets regulator SEBI cut the minimum application value and changed the trading lot to one unit for these developing investment vehicles. SEBI stated in two different notices dated 30th July that the minimum application value for both REITs and InvITs has been …
Ruchi Soya, owned by Patanjali Ayurved, managed to receive approval from the market regulator to raise Rs. 4,300 crores via a follow-on public offer or FPO. The said follow-on public offer will be launched to fulfill SEBI’s norm of at least 25% public shareholding in a listed company. Here’s more on this development. So, What’s …
Tega Industries has filed DRHP with SEBI to raise around Rs. 700 – 750 crores via an initial public offer. As per its DRHP, the IPO will comprise an offer for sale (OFS) of a maximum of 13,669,478 equity shares by promoters and existing shareholders. Madan Mohan Mohanka, Manish Mohanka, and Wagner Limited will be …
As capital markets regulator SEBI (Securities and Exchange Board of India) is slated to meet on September 28, a slew of investor-friendly proposals may get the go-ahead, according to news reports. These measures include making M&As (mergers and acquisitions) easy for listed firms and altering regulations pertaining to promoters’ superior voting rights in the case …
On Wednesday, market regulator SEBI (Securities and Exchange Board of India) revised the liquidity enhancement scheme (LES) framework that stock exchanges use to boost volumes. So, under this new rule, stock exchanges will have to get prior approval from their governing board before launching a scheme. SEBI said in a circular that this modification was …
