Page 16 - Latest Updates on SEBI
BSE gets Sebi's in-principle approval to introduce Electronic Gold Receipt
Sebi, in January, came out with a framework for operationalising the gold exchange, wherein the yellow metal will be traded in the form of EGRs
 "BSE gets Sebi's in-principle approval to introduce Electronic Gold Receipt")
Implementing Sebi's ESG framework tough for Indian companies: Rating agency
The government's clean energy push has prompted the regulator to roll out a series of rules for the country's top 1,000 listed companies
 "Implementing Sebi's ESG framework tough for Indian companies: Rating agency")
Sebi directs AMCs to set up audit committee with minimum three directors
At least two-third of the directors will be independent directors of the AMC
 "Sebi directs AMCs to set up audit committee with minimum three directors")
Simplifying disclosures
Abridged prospectus will help retail investors
 "Simplifying disclosures")
IGESL files draft IPO paperwork with Sebi to raise Rs 740 crore
As per the filing, the "proposed offer consists of a fresh issue of equity shares aggregating up to Rs 3,700 million (Rs 370 crore)"
 "IGESL files draft IPO paperwork with Sebi to raise Rs 740 crore")
Sebi comes out with new disclosure format for abridged prospectus
Under the rules, every application form for the purchase of any securities of a company needs to be accompanied by an abridged prospectus
Cogent e-services files draft papers with Sebi to mop-up funds via IPO
Cogent e-services Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
 "Cogent e-services files draft papers with Sebi to mop-up funds via IPO")
Sebi should hear if cos have views on separate roles of Chairperson, MD: FM
At the end of December 2020, 53% of the top 500 listed entities had complied with the provision
 "Sebi should hear if cos have views on separate roles of Chairperson, MD: FM")
Sebi lays guidelines for MFs with respect to Indian Accounting Standards
Capital markets regulator Sebi came out with guidelines for asset management companies (AMCs) with respect to following Indian Accounting Standards (Ind AS)
 "Sebi lays guidelines for MFs with respect to Indian Accounting Standards")
Harsha Engineers files draft papers with Sebi to raise Rs 755 cr via IPO
This is the Ahmedabad-based company's second attempt to go public.
Sebi impounds Rs 3.9 cr from former CNBC-Awaaz anchor Ghai, family members
Sebi impounded ill-gotten gains of Rs 3.9 crore from former CNBC Awaaz anchor Hemant Ghai and his family members in the matter related to fraudulent trading practices.
Sons rise in Emami, as founders turn mentors to pave way for next gen
Founders R S Agarwal and R S Goenka not to draw any emoluments for their new positions as chairman emeritus and non-executive chairman, respectively
 "Sons rise in Emami, as founders turn mentors to pave way for next gen")
Gitanjali Gems case: Sebi bans Mehul Choksi, another individual from mkts
Sebi has barred fugitive businessman Mehul Choksi and one Rakesh Girdharlal Gajera from the capital markets for one year
 "Gitanjali Gems case: Sebi bans Mehul Choksi, another individual from mkts")
Sebi extends timeline to submit public comments till Feb 15 on CIS rules
Markets regulator Sebi extended the deadline for submitting public comments till February 15 on a proposal to strengthen the regulatory framework for collective investment schemes (CIS).
 "Sebi extends timeline to submit public comments till Feb 15 on CIS rules")
Hariom Pipe Industries gets Sebi's go ahead to raise funds via IPO
Hariom Pipe Industries has received capital markets regulator Sebi's go ahead to raise Rs 100-120 crore through an initial public offering.
Kerala Housing Finance: Sebi extends time to auction properties to Feb 18
Markets regulator Sebi on Monday said it has extended the time period to auction the properties of Kerala Housing Finance to February 18, in the wake of the ongoing pandemic situation in Kerala.
 "Kerala Housing Finance: Sebi extends time to auction properties to Feb 18")
MFs realign international offerings after Sebi diktat on subscriptions
On Friday, market regulator had, through Amfi advised stopping of subscriptions in such schemes to avoid breach of overall cap of $7 bn for investment in overseas securities
 "MFs realign international offerings after Sebi diktat on subscriptions")
Religare Finvest, Fortis' officials pay Rs 4.3 cr to settle case with Sebi
n investigation was initiated by Sebi in the matter of Fortis Healthcare Ltd (FHL) after an article published in February 2018 said its promoters have taken at least Rs 500 crore out of FHL
Sebi notifies KRA rules; mandates audit trails of client's KYC records
The markets regulator has notified new norms to make them responsible to carry out independent validation of the KYC records uploaded onto their system by the Registered Intermediary (RI).
Sebi advises mutual funds to stop subscriptions into overseas funds
The move comes as the industry is likely to breach the $7 billion-mark
 "Sebi advises mutual funds to stop subscriptions into overseas funds")
