Tag: Securities And Exchange Board Of India

New Delhi: The Securities and Exchange Board of India on Friday said Reliance Communications (RCOM) has settled its case with the regulator by paying Rs 62.40 lakh over alleged non-cooperation with credit rating agencies and debenture trustee. “Reliance Communications Limited filed a suo moto application in terms of the SEBI (Settlement of Administrative and Civil […]

Mumbai: Market regulator Securities and Exchange Board of India (SEBI) on Saturday called for public comments over its panel’s recommendations on “Know Your Client (KYC) Requirements for Foreign Portfolio Investors”. The recommendations have been made by SEBI’s working group that was set up to look into the concerns raised by the overseas Indian investor community. […]

Mumbai: Capital markets regulator, the Securities and Exchange Board of India (Sebi), on Thursday announced it has amended regulations governing initial public offerings (IPO) and buybacks. Sebi Chairman Ajay Tyagi told reporters here after a board meeting that as per the amendments “aimed at simplifying language and removing redundancies”, the regulator has decided to reduce the […]

Mumbai: The Securities and Exchange Board of India (SEBI) on Friday proposed higher regulatory requirement in terms of ownership, governance and certain additional standards of essential accountability “Credit Rating Agencies, Registrar to an Issue and Share Transfer Agents and Debenture Trustees”. According to SEBI, the changes have been proposed by its committee under the Chairmanship […]

Mumbai: The Securities and Exchange Board of India (SEBI) on Friday said that it has permitted stock exchanges to extend trading hours for the equity derivatives segment from October 1, 2018. According to a SEBI circular issued on Friday, stock exchanges have been allowed to set their trading hours between 9 a.m. and 11.55 p.m., […]

Mumbai: Securities market regulator Sebi on Thursday said that a committe formed by it to look into corporate governance has recommended a minimum of six directors on the board of listed firms. The recommendation was made by a committee formed by Sebi on corporate governance in June 2017 under the Chairmanship of Uday Kotak, Executive […]

Mumbai: IT major Infosys Ltd has paid Rs 34 lakh to settle a case related to alleged lapses regarding a severance payment done in 2015, Securities and Exchange Board of India (SEBI) said in an order. “The proposed adjudication proceedings for the defaults… are settled,” the market regulator said in a settlement order dated February […]

Mumbai: The National Stock Exchange (NSE) on Wednesday imposed fines and issued notices to 250 companies for not adhering to the Listing Obligations and Disclosure Requirements (LODR). Among the companies penalised, were the grounded Jet Airways, subsidiary companies of the crisi-riddenn IL&FS and Adani Ports and Special Economic Zone (APSEZ, InterGlobe Aviation Ltd, the parent company […]

New Delhi: The Securities and Exchange Board of India (Sebi) on Friday tightened the noose around the corporates, saying if companies are not cooperating with credit rating agencies (CRAs) on disclosure of loan defaults, then the latter should issue INC (Issuer not cooperating) ratings. “If an issuer has all the outstanding ratings as non-cooperative for […]

Mumbai: In a bid to provide further relief to market participants amid the coronavirus crisis, securities market regulator SEBI has reduced broker turnover fees and filing fees on offer documents for public issue, rights issue and buyback of shares by 50 per cent. “In its continuing efforts to help market participants to tide over challenges […]

Mumbai: The Securities and Exchange Board of India (SEBI) on Monday came up with a set of procedural guidelines for proxy advisors. Proxy advisory firms advise shareholders on corporate governance-related issues and give recommendations regarding voting on resolutions. In a circular, SEBI said that proxy advisors shall formulate the voting recommendation policies and disclose the […]

Mumbai: The Securities and Exchange Board of India (SEBI) has found Prannoy Roy and Radhika Roy, the co-founders of New Delhi Television Ltd (NDTV) guilty of insider trading. Along with barring them from the securities market, the regulator has directed them to disgorge the amount wrongfully gained — over Rs 16.97 crore — along with […]