An Overview Concerned about the significant shift in trading activity from the cash market to options, the Securities and Exchange Board of India (SEBI) has advised brokers to raise investor knowledge of the hazards of such products, particularly among new entrants. The capital markets regulator is believed to have inquired about the causes for the …
Securities and Exchange Board of India (SEBI) enforced a penalty of Rs. 15 crores on 9 entities associated with Franklin Templeton Mutual Funds. They include Franklin Templeton Trustee Services, fund managers, and senior officials associated with the 6 debt schemes that were unexpectedly wound up last year because of breaching SEBI rules. A closer look …
The satellite TV arm of Tata Group is preparing to draft share sale documents with market regulator SEBI. Sources close to the matter say that Tata Sky will go for its public listing within March 2022. Tata Sky’s IPO size might range somewhere between Rs. 2,000 and Rs. 3,000 crore. This IPO would comprise both …
An Overview In order to make the mechanism more effective, the Securities and Exchange Board of India (SEBI) has urged revising the settlement regulations to parallel them with the specified methods of violations committed by firms. SEBI has recommended revising the timetables and rationalising the cost structure for settlements, which is an application that involves …
Adani Power Ltd. (APL)’s proposal to delist its shares from stock exchanges is currently under the scrutiny of the Securities and Exchange Board of India (SEBI). This news comes after the company announced its buyback price last year, approximately 65% less than its publicly traded value. Adani Group claims the deal to be beneficial for …
Capital markets regulator SEBI plans to create a separate framework for Special Purpose Acquisition Companies (SPAC) to let them raise funds via initial public offerings (IPOs) and get listed. As per current norms, only operating companies are allowed to be listed. Currently, for public listing, a company needs to have assets of at least Rs …
An Overview SEBI plans to invest big in technology in order to upgrade its monitoring capabilities, investigation, and policy-making capabilities. SEBI will deploy key information technology projects in the next few years that are critical to its day-to-day operations and mandate, according to the capital market regulator’s annual report for 2020-21. SEBI stated that it …
An Overview The SEBI modified the customer-based position thresholds for trading in cross-currency derivative contracts on Tuesday. The maximum number of options or futures contracts that an investor can possess on a single underlying securities is referred to as a position limit. It has been decided to amend the client level position limits, per stock …
Lava International files IPO papers with the market regulator SEBI to raise funds. As per the draft red herring prospectus (DRHP), the public offer will comprise fresh issuance of shares amounting to Rs. 500 crores. Additionally, it will consist of an OFS of 4,37,27,603 shares. Here’s more on this subject. Lava International IPO Composition and …
Around half a dozen Indian startup unicorns are considering listing in foreign exchanges, including Paytm and EtechAces Marketing and Consulting, the parent company of both PolicyBazaar and PaisaBazaar. Companies informed they are awaiting clarity over guidelines from the Ministry Of Corporate Affairs and the revenue department regarding the same. They are looking forward to the …
