SEBI issues measures to strengthen Equity Index Derivatives Framework
The measures have been issued on the recommendation of Expert Working Group.
SEBI
SEBI reduces trading lot for InvITs on designated stock exchange to Rs. 25 Lakhs
The 2024 Regulations have amended the trading lot for trading units, timeline for making distributions, as well as the voting threshold.
SEBI introduces ‘voting threshold’ vide SEBI (Real Estate Investment Trusts) (Third Amendment) Regulations, 2024
The 2024 Regulations brings various amendments to regulate provisions related to the unit holders.
SEBI Celebrates First Year Anniversary of Online Dispute Resolution in Indian Securities Market
To cater efficient and smooth dispute resolution process, the SMART ODR portal was developed for resolving disputes arising in the Indian Securities Market through online conciliation and arbitration.
SEBI (Issue and Listing of Non-Convertible Securities) (Second Amendment) Regulations, 2024
SEBI revises the period for which the draft offer document was to be made public.
Cyril Amarchand Mangaldas acts as legal counsel to Brigade Enterprises Limited on the issuance of equity shares by way of QIP
Cyril Amarchand Mangaldas (CAM) advised Brigade Enterprises Limited (“Brigade”) as its legal counsel on the issuance of equity shares
SEBI widens scope of SEBI (Foreign Venture Capital Investors) Regulations, 2000
Terms such as ‘Bilateral Memorandum of Understanding’, ‘Control’, ‘Designated depository participant’, and ‘International Financial Services Centre’ have been added to the 2000 Regulations.
SEBI introduces Chapter on ‘Restriction in Dealing with Unregulated/Other Entities’ in Regulations for Securities Contracts, Depositories and Participants, and Intermediaries
The provision made vide 2024 Amendment Regulations would not apply to associations through a specified digital platform.
Bombay High Court directs SEBI, NSE, BSE to pay Rs 80 lakhs costs for illegal and invalid freezing of demat accounts
Respondents have not shown any active role of petitioner in the capacity of the promoter, in the management of the company, Shrenuj, and any role and obligation factually fastened on petitioner in the various compliance which are required to be undertaken under SEBI (LODR) Regulations, at the time of freezing of his demat accounts.
SEBI bans Reliance Home Finance Limited and 23 other entities for 5 years; imposes penalty of Rs. 25 crores on each entity
SEBI penalizes Anil Ambani for siphoning of funds from public listed companies, RHFL
Bombay HC rejects Amit Goenka’s plea challenging SEBI’s order appointing KPMG as Forensic Auditor in Shirpur Gold Refinery case
As petitioner filed reply to the show cause notice and had already questioned the appointment of KPMG as Forensic Auditor and the Report, he is free to pursue the matter before SEBI in accordance with law.
SEBI issues Master Circular for Stockbrokers to increase accessibility by consolidating all relevant circulars
To enable the users to have access to the provisions of all applicable circulars in one place, SEBI has previously issued a Master Circular dated 22-05-2024 for Stockbrokers.
Cyril Amarchand Mangaldas advises Sobha Limited in its rights issuance of partly paid-up equity shares aggregating to around ₹19,000 million
CAM played crucial role, provided comprehensive legal counsel and strategic guidance to ensure the successful execution of the transaction.
SEBI revises ‘Tenure’ of Category I and II Alternative Investment Fund vide SEBI (Alternative Investment Funds) (Fourth Amendment) Regulations, 2024
Through the 2024 Amendment Regulations, changes have also been made to the ‘Conditions for Category I and II Alternative Investment Funds.
Provisions for ‘market abuse’ and ‘mechanism for identification of market abuse’, introduced vide SEBI (Mutual Funds) (Second Amendment) Regulations, 2024
Apart from provisions for market abuse, the 2024 Amendment Regulations also direct asset management companies to establish a whistle-blower policy which must provide a confidential channel to raise concerns about fraud, unfair practices, etc.
SEBI updates method of ‘Disclosure of Shareholding’ vide Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2024
The 2024 Regulations have amended various provisions of the 2018 Regulations including provisions for disclosure of shareholding patterns and the constitution of Core Settlement Guarantee Fund Committee.
Cyril Amarchand Mangaldas advised Vedanta Limited on a qualified institutions placement of its equity shares, aggregating to INR 8500 crores
Cyril Amarchand Mangaldas (CAM) advised Vedanta Limited on a qualified institutions placement (“QIP”) of its equity shares, aggregating to INR 8500 crores.
SEBI’s Powers to Investigate: A Primer on Section 11-C of the SEBI Act, 1992
by Vaibhav Singh†, Radhika Indapurkar†† and Manas Kotak†††
Supreme Court forms Committee of Justices S Ravindra Bhat, Satish Chandra to auction assets of Company liable to refund Rs. 4,700 crores
The Committee shall identify the number of investors and database of investors, and also determine the amount to be refunded to each investor. An Escrow Account with a bank designated by SEBI, shall be opened and all sale proceeds shall be deposited in that interest-bearing account.
SEBI lays down ‘Framework for Unit Based Employee Benefit Scheme’ vide SEBI (REIT) (Second Amendment) Regulations, 2024
As per the Regulations, the manager may offer unit-based employee benefit scheme based on the units of Real Estate Investment Trusts subject to compliance with Chapter IVA.