SEBI: Securities and Exchange Board of India, SEBI News, Updates, Notifications and Articles

Securities and Exchange Board of India (SEBI) vide notification no. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2023/64 dated 03rd May, 2023, in exercise of powers conferred under Section 11(1) of theSecurities and Exchange Board of India Act, 1992 read with Regulation 55 (1) of the SEBI(Issue and Listing of Non-Convertible Securities) Regulations, 2021, Regulation 29 of theSEBI (Issue and Listing of Municipal Debt Securities), Regulations, 2015 and Regulations48 of the SEBI (Issue and Listing of Securitised D..

SEBI through its circular dated 3rd May, 2023 has made Legal Entity Identifier (LEI) code mandatory for issuer who have listed and/ or propose to list non-convertible securities, securitised debt instruments and security receipts. LEI is a unique global identifier for legal entities participating in financial transactions. LEI is designed to create a global reference data system that uniquely identifies every legal entity, in any jurisdiction, that is party to a financial transaction. It is a..

As on February 28, 2023, Securities and Exchange Board of India (SEBI) is investigating the dealings in the shares of 58 companies for violation of SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003, which includes market manipulation and attendant unfair trade practices. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha today.   The Minister further stat..

SEBI has directed all investors to link PAN with Aadhaar numbers by 31st March 2023 for seamless transactions in the securities market. SEBI has stated that the deadline for linking PAN with Aadhar Card deadline of 31st March 2023 was given by the Central Board of Direct Taxes (CBDT) vide its circular No. 7 of 2022 dated March 30, 2022 last year. As this deadline is approaching SEBI has directed investors to ensure that their Aadhar card is linked with PAN. SEBI has also highlighted about con..

Objective 1.1. This consultation paper seeks comments/views/suggestions from the public on proposals to strengthen corporate governance at listed entities by empowering the shareholders to address the following issues: 1.1.1. Agreements binding listed entities 1.1.2. Special rights granted to certain shareholders 1.1.3. Sale, disposal or lease of assets of a listed entity outside the 'Scheme of Arrangement' framework and 1.1.4. 'Board Permanency' at listed entities...

Q1. What is the background for the reduction of promoter shareholding to 75% or ensuring min. 25% public shareholding? Regulation 38 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 read with Rule 19(2)(b) and Rule 19A of Securities Contract Regulation Rules 1957 makes it mandatory for entities who have listed their equity shares on stock exchange to maintain a min. public shareholding of 25%. This will ensure market balance of promoter and public shareholding and r..

Facts of the case SEBI conducted an investigation into the trading in the scrip of Shrestha Finvest Ltd ['Company']. SEBI observed that Mrs. Renu Bhushan, (Noticee no.1), Mr Bharath Bhushan, (Noticee no. 2) and Mr Brij Bhushan, Noticee no. 3 [Noticees] had dealt in the shares of SRL. SEBI observed that there was an off-market transfer of 10,00,000 shares of SFL between Mrs Renu and Mr Bharat of 10,00,000 shares of SRL on March 29, 2017 and also there was transfer of 10,00,000 sha..

Securities and Exchange Board of India (SEBI) on 25thJanuary,2023 has issues a Press Release vide PR No.02/2023 and has underlines the need for analysis and disclosure of risks of trading in F&O. SEBI plans to impose additional safeguards for retail investors dealing in the futures and options (F&O) segment. SEBI has conducted a study analysing the trends in both participation and in profits and losses of individual traders in the equity F&O segment. The working group had represen..

SEBI vide its Notification dated 17th January 2023 has notified the following regulations to further amend the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 namely: 1. In regulation 15, in sub-regulation (1A), Explanation (4) shall be omitted. 2. In regulation 15, after sub-regulation (1A), the following sub-regulation shall be inserted, namely: "(1B) Notwithstanding anything contained in this regulation, in case of an In..

Securities and Exchange Board of India (SEBI) on 10th January,2023 has issues a circular vide notification no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/11 and has approved the Introduction of future contracts on Corporate Bond Indices in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. The exchanges, to start with, a..

Securities and Exchange Board of India (SEBI) on 30th December, 2022 has issued a circular vide notification no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2022/177 and has introduced Investor Risk Reduction Access (IRRA) platform in case of disruption of trading services provided by the Trading Member (TM) in the exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, to protect the interests of investors in securities and to promote the development of..

SEBI vide its circular dt: January 25, 2022 had directed listed entities to process all service requests in Demat form. Link: SEBI/HO/MIRSD/PoD-1/OW/P/2022/64923 SEBI had also provided a procedure vide which company will be sending a 'Letter of Confirmation ('LOC') as against issue of physical duplicate, physical split share certificate etc. This LOC is valid for 120 days. The investor in whose name it is sent shall produce LOC to the depository participant and then the Deposit..

Securities and Exchange Board of India (SEBI) on 21st December, 2022 has issued a press circular vide notification no. PR No.: 39/2022and has publishes Consultation Paper on strengthening the Investor Grievance Redressal Mechanism in the Indian Securities Market by harnessing OnlineDispute Resolution mechanisms. Present Scenario In case an investor has a grievance, she may lodge a complaint with the concerned intermediary, Market Infrastructure Institution (MII) or SCORES, for resolution. ..

  Sr.No Regulation Old Provision Amendments/Additions 1. Regulation 25 -Obligations with respect to Independent Directors Regulation 25(2A)- The appointment, re-appointment or removal of an independent director of a listed entity, shall be subject to the approval of shareholders by way of a special resolution (i.e.75% of majority). Proviso to Regulation..

Securities and Exchange Board of India (SEBI) vide notification no. SEBI/HO/MIRSD/DoP/P/CIR/2022/143dated 27th October, 2022in exercise of powers conferred under Section 11(1) of theSecurities 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, and to regulate the securities market, has issued a Clarification on "Block Mechanism in Demat account of clients undertaking..

The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act,1992. It was a non-statutory body established to regulate the securities market. The headquarters of the board is situated in Bandra Kurla Complex, Mumbai. The first statutory regulatory body that the government of India set up post the reforms of 1991 was the Securities and Exchange Board of India (SEBI) 1. Objectives of SEBI ..

Introduction In the interest of general public, fair trading in securities markets and to prohibit insider trading in corporates and other organizations, Securities and Exchange Board of India (SEBI) has enacted SEBI (Prohibition of Insider Trading) Regulations, 2015, (hereafter referred to as "PIT regulations") which sets clear rules and procedures for dealing in securities by the Promoters, Directors, Key Managerial Personnel (KMP) and other Designated Persons those who have acces..

QUESTION MCL is a public limited company, which has its equity shares listed on both BSELimited and National Stock Exchange of India Limited. CPPL is a part of the promoter group of MCL since it is closely held by certain promoters of MCL. However, currently, CPPL neither holds any equity shares in MCL nor has any role in the management of MCL. The 'Promoter and Promoter Group’ of MCL collectively hold 65.44% of the total paid-up capital of MCL, as on date. Being a public listed ..

Securities Exchange Board of India (SEBI) vide Public notice dated 19th August, 2022has issued Public notice in respect of SEBI-Settlement Scheme 2022. Purpose To provide an opportunity for settlement to the entities who have executed reversal trades in the illiquid stock options segment of BSE between April 1, 2014 to September 30, 2015, and against whom proceedings have been initiated and are pending before any forum or authority, viz. Courts/ Securities Appellate Tribunal (&qu..

Securities and Exchange Board of India (SEBI) plays an important role in regulating all the players operating in the Indian capital market. SEBI is a statutory body and a market regulator, which controls the securities market in India. The primary functions of SEBI is to protect the interests of investors in securities and to promote and regulate the securities market. Securities and Exchange Board of India (SEBI) vide press release no. PR No.22/2022 dated 07th July, 2022 has issued a press r..