Markets regulator Securities and Exchange Board India (Sebi) is likely to consider increasing the minimum value of each F&O contract from Rs 5 lakh to Rs 25 lakh as part of its strategy to curb speculative trading to protect the retail investors. The agenda is a part of preliminary recommendations by an expert committee on … Read more
Market regulator the Securities and Exchange Board of India (Sebi) launched ‘Saa₹thi 2.0‘ mobile app in Mumbai on Monday. The updated Saa₹thi app has introduced a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts, a Sebi release said. It includes financial calculators, and has modules that introduce and explain KYC procedures, mutual … Read more
New Delhi: In a move aimed at ensuring ease of compliance and lower costs, Sebi on Tuesday said promoters of companies can give shares to their employees under the Offer For Sale (OFS) through the stock exchange mechanism. At present, shares under OFS are offered to the staff outside the stock exchange mechanism. Based on … Read more
MUMBAI – The Securities and Exchange Board of India (Sebi) will complete its investigation into the case pertaining to Zee Entertainment Enterprises Ltd owners Subhash Chandra and Punit Goenka within 8 months, Chairperson Madhabi Puri Buch said in a revised order. Until the investigation is complete, Subhash Chandra and Punit Goenka will not hold any … Read more
New Delhi: Capital markets regulator Sebi on Thursday proposed to increase the threshold to at least Rs 500 crore from the current Rs 100 crore for the outstanding long-term borrowings for identifying any entity as ‘Large Corporates’ (LC). In addition, it has suggested discarding the requirement of credit rating as a criterion for identifying an … Read more
MUMBAI – The Securities and Exchange Board of India (Sebi) in a discussions with the stock exchanges on Tuesday decided to ease rules for trading in stocks that remain under the enhanced surveillance measures (ESM) framework. Under the existing ESM framework rule, stocks were allowed to trade only once a week. However, trading in them … Read more
The Securities and Exchange Board of India (Sebi) has issued interim order-cum-showcause notices, restraining 135 entities from accessing the securities market on alleged manipulation of shares of five smallcaps. The five companies are Mauria Udyog Ltd, 7NR Retail Ltd, Darjeeling Ropeway Company Ltd, GBL Industries Ltd, and Vishal Fabrics Ltd. Further, the regulator has issued … Read more
New Delhi: To bring greater transparency in the Indian capital markets, Sebi on Wednesday came out with a proposal mandating enhanced disclosures from high-risk Foreign Portfolio Investors (FPIs) that have concentrated holding in a single company or a group firm. These proposals are aimed at preventing possible circumvention of minimum public shareholding (MPS) requirements and … Read more
The Securities and Exchange Board of India (Sebi) has modified the existing framework for conducting an offer for sale (OFS) of securities by companies by allowing non-promoter stakeholders to opt for the same. Until now, only promoter and promoter group entities were allowed to sell stake through the offer for sale on bourses. In case … Read more