sebi news

Sebi Clarification on Block Mechanism in Clients demat account

Securities and Exchange Board of India (SEBI) vide notification no. SEBI/HO/MIRSD/DoP/P/CIR/2022/143 dated 27th October, 2022 in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992, and Section 19 of the Depositories Act, 1996, to protect the interests of investors in securities and to promote the development of, …

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CORPORATE Newsletter

Latest Weekly Corporate Affairs (SEBI, MCA, IBC, RBI, IPO, MSME Updates)

Weekly Corporate Affairs From 04/08/2022 To 12/08/2022 (SEBI, MCA, IBC, RBI, IPO, MSME Updates) 1. SEBI UPDATES: [Sl.   Particulars Link 1 Enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence Click Here 2 Consultation Paper on Green and Blue  Bonds as a mode  of  Sustainable Finance Click …

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Mutual Fund Companies To Disclose Risk On Investment in Commodities, SEBI Ordered

Markets regulator SEBI has now ordered mutual fund companies investing in commodities to disclose the risk. This risk o meter will be implemented immediately. A guideline has been issued for this. According to SEBI, just as risk is disclosed on investment in shares, in the same way, risk in commodities will also have to be …

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Schemes of Arrangement by Listed Entities - Clarification w.r.t. timing of submission of NOC from the lending scheduled commercial banks/ financial institutions/ debenture trustee

SEBI Revision to Operational Circular for issue and listing of Commercial Paper

Revision to Operational Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper Securities and Exchange Board of India SEBI/HO/DDHS/P/CIR/2021 /0692 | Dated: December 17, 2021 To Issuers who have listed and/ or propose to list Commercial Paper;Recognised Stock Exchanges;Registered Depositories;Registered Credit Rating Agencies, Debenture Trustees, Depository …

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SEBI Warns Billionaire Anil Agarwal’s Vedanta Over Rs 1407 Crore Related-Party Transactions

SEBI Warns Billionaire Anil Agarwal’s Vedanta Over Rs 1,407 Crore Related-Party Transactions

Capital market regulator SEBI has warned billionaire Anil Agarwal’s Vedanta Ltd for executing Rs 1,407 crore of related-party transactions without prior approval of the audit committee. In a warning letter, which Vedanta as per SEBI directions disclosed to stock exchanges, the regulator said it will take action if such actions were repeated in future. The mining conglomerate’s …

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SEBI LOGO-3171a2e6

SEBI Updates : – Introduction of T+1 rolling settlement on an optional basis by SEBI

Highlights of SEBI Circular – (SEBI Circular No. SEBI/HO/MRD2/DCAP/P/CIR/2021/628Dtd. 07 th September, 2021) 1) Applicability: The provisions of this circular shall come into force w.e.f. 1 st January, 2022. 2)T+1 settlement cycle :- A Stock Exchange may choose to offer T+1 settlement cycle on any of the scrips, after giving an advance notice of at …

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SEBI-3-5e83546b

Important amendment made by SEBI

Important changes by SEBI Securities and Exchange Board of India PR No.22/2021 SEBI Board Meeting The SEBI Board met in Mumbai. The Part-Time Members joined the meeting through video conferencing. The Board, inter-alia, took the following decisions: I. Review and Merger of SEBI (Issue and Listing of Debt Securities) Regulations, 2008 and SEBI (Non-Convertible Redeemable …

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Framework for reclassification of promoter/ promoter group entities approved by SEBI

As per press release by SEBI, Board approved the proposal to rationalize the existing framework pertaining to reclassification of promoter/ promoter group entities. The proposal includes exemption from existing requirements, in cases of reclassification pursuant to an order of the regulator under any law in line with existing exemption already available to cases of resolution …

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market inflation

SEBI – Refund of Security Deposit by Trading Members: Key Highlights

 OVERVIEW
Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/MIRSD/FCR/CIR/P/2021/01 issued and publishes dated 06th January, 2021, has published “Refund of Security Deposit” Section 11 (1) of the Securities and Exchange Board of India Act, 1992 read with Section 10 of the Securities Contract (Regulation) Act, 1956.
 The Circular is issued to :
• The Managing Director/Executive Director,
• All Stock Exchanges

 Aim and vision of this circular:
– to protect the interests of investors in securities, to promote the development of, and to regulate the securities market

 Previous Reference:
This is with reference to the letter MRD/DSA/OW/14347/4/2019 dated June 10, 2019 issued to NSE regarding refund of security deposit and arbitration mechanism after the surrender of membership of Trading Members.

SEBI - Non-compliance provisions & Penalty Chart related to continuous disclosures

SEBI – Non-compliance provisions & Penalty Chart related to continuous disclosures

Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/DDHS/DDHS/CIR/P/2020/231 issued and publishes dated 13th November, 2020, has published Non-compliance with provisions related to continuous disclosures” in exercise of the powers conferred under sections 11(1) and 11A(2) of the SEBI Act, 1992 read with Section 9 and 21 of Securities Contracts (Regulation) Act, 1956.
 The Circular is issued to :
 All Recognized Stock Exchanges
 All Depositories
 All issuers of listed Non-Convertible Debt Securities and/or Non-Convertible
 Redeemable Preference Shares
 All Issuers of listed Commercial Papers

 Applicability of the Provisions mentioned in this Circular:
shall come into force for compliance period ending on or after December 31, 2020

 Provisions of this Circular

Continuous disclosure norms as prescribed by SEBI for issuers of listed Non-Convertible Debt Securities, Non-Convertible Redeemable Preference Shares (NCRPS) and Commercial Papers: