Securities and Exchange Board of India
Legislation UpdatesRules & Regulations

Research analysts will now have to disclose the extent of use of AI in providing research services to their client.

Securities and Exchange Board of India
Legislation UpdatesRules & Regulations

Among other amendments, the 2024 Regulations have made changes in the eligibility criteria for approval of applications and included provisions related to investment of money collected under investment strategies of Specialized Investment Fund.

Zomato Limited
Law Firms NewsNews

Cyril Amarchand Mangaldas (“CAM”) advised Zomato Limited (“Zomato”), on issuance of equity shares aggregating up to INR 8,500 crores

Securities and Exchange Board of India
Legislation UpdatesRules & Regulations

SEBI notified the 2024 Amendment Regulations to amend provisions related to attestation of documents in 9 Regulations.

Securities and Exchange Board of India
Legislation UpdatesNotifications

Applicants will have to fill in the fields which are unique to them to avoid duplication of information.

Securities and Exchange Board of India
Case BriefsTribunals/Commissions/Regulatory Bodies

The brief closure of Digwal unit or imposition of monetary penalty, in terms of the NGT Order, did not require any disclosure in terms of regulation 30(4)(i) of the LODR Regulations.

Managing Foreign Investments
Op EdsOP. ED.

by Aditya Kumar* and Samridhi Singh**

Securities and Exchange Board of India
Legislation UpdatesNotifications

The measures have been issued on the recommendation of Expert Working Group.

Securities and Exchange Board of India
Legislation UpdatesRules & Regulations

The 2024 Regulations have amended the trading lot for trading units, timeline for making distributions, as well as the voting threshold.

Securities and Exchange Board of India
Legislation UpdatesRules & Regulations

The 2024 Regulations brings various amendments to regulate provisions related to the unit holders.

SMART ODR
Events/WebinarsNews

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.

Securities and Exchange Board of India
Legislation UpdatesRules & Regulations

SEBI revises the period for which the draft offer document was to be made public.

Brigade Enterprises Limited
Law Firms NewsNews

Cyril Amarchand Mangaldas (CAM) advised Brigade Enterprises Limited (“Brigade”) as its legal counsel on the issuance of equity shares

Securities and Exchange Board of India
Legislation UpdatesRules & Regulations

Terms such as ‘Bilateral Memorandum of Understanding’, ‘Control’, ‘Designated depository participant’, and ‘International Financial Services Centre’ have been added to the 2000 Regulations.

Securities and Exchange Board of India
Legislation UpdatesNotifications

The provision made vide 2024 Amendment Regulations would not apply to associations through a specified digital platform.

Bombay High Court
Case BriefsHigh Courts

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.

penalty on Anil Ambani
Legislation UpdatesNotifications

SEBI penalizes Anil Ambani for siphoning of funds from public listed companies, RHFL

Bombay High Court
Case BriefsHigh Courts

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.

Securities and Exchange Board of India
Legislation UpdatesNotifications

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
Law Firms NewsNews

CAM played crucial role, provided comprehensive legal counsel and strategic guidance to ensure the successful execution of the transaction.