Tag: Sebi
17 Results
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SEBI orders mutual fund houses to pay dividends within seven days of the record date
The fund houses are instructed to pay out the proceeds in the event of a redemption or repurchase of units within three working days. Investors in schemes where at least 80% of the capital is invested in foreign securities must be paid within five working days of the date of redemption or repurchase.
November 26, 2022 -
IPO-bound OYO’s EBITDA rises 8 times, loss reduced by 20 per cent
As part of its commitment to update its Draft Red Herring Prospectus with the financial performance till the first half of financial 2022-23, the global travel tech company OYO shared its financials with markets regulator SEBI today.
November 26, 2022 -
Bombay Dyeing alleged to have published untrue financial statements
The Securities & Exchange Board of India (SEBI) order that prohibits Bombay Dyeing and its promoters, Nusli Wadia, Ness Wadia and Jehangir Wadia from accessing the capital markets for two years and attracted heavy penalties was examining allegations that Bombay Dyeing was involved in publishing untrue financial statements and constitute manipulative and fraudulent and unfair trade practices against the minority shareholders of Bombay Dyeing and Manufacturing Company Ltd (BDMCL) and the market at large.
October 22, 2022 -
Delhi HC grants bail to Chitra Ramkrishna, Anand Subramanian in NSE case
The Delhi High Court on Wednesday granted 'statutory bail' to Chitra Ramakrishna, the former CEO-MD of National Stock Exchange (NSE), and former NSE official Anand Subramanian in the NSE co-location scam case.
September 28, 2022 -
OYO files addendum with SEBI for its public issue
This additional information is expected to help investors in taking better and well-informed decisions regarding its public issue. OYO has around 1.68 lakh storefronts across more than 35 countries that benefit from its platform.
September 19, 2022 -
FHRAI asks SEBI to axe Oyo’s IPO citing massive losses
The Federation of Hotel and Restaurant Associations of India (FHRAI) on Wednesday urged the Securities and Exchange Board of India (SEBI) to call off online hospitality major Oyo's initial public offering (IPO), citing the massive losses suffered by the hotel rooms aggregator in recent years.
May 12, 2022 -
Cabinet approves signing of MoU between SEBI and FRC Mongolia
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has approved the proposal for signing a bilateral Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Financial Regulatory Commission, Mongolia (FRC).
April 8, 2022 -
Patna HC seeks SEBI reply regarding payments to Sahara’s investors
It also directed that a "responsible officer" from the market regulator's head office at Mumbai be present in the court on March 28 to answer all the questions posed by it.
March 9, 2022 -
Sundaram AMC gets SEBI’s nod to acquire Principal India
Sundaram AMC is a 100 per cent subsidiary of non-banking finance major Sundaram Finance Ltd.
November 19, 2021 -
Resolution of SEBI-CERC jurisdiction issue to deepen power market, says ministry
Based on the recommendations of the Committee both SEBI and CERC have come to an agreement that CERC will regulate all the physical delivery.
October 7, 2021 -
SEBI approves creation of Social Stock Exchange, easier M&As
the regulatory body listed the various decisions that were taken during the meeting such as approval for the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021.
September 29, 2021 -
Puranik Builders files draft papers with Sebi again to raise funds via IPO
Earlier in November 2019, Puranik Builders had filed papers with Sebi to float an initial share-sale and had received the regulator's clearance.
September 21, 2021 -
T+1 settlement system is in interest of market participants: Sebi chairman
The Sebi chairman said that individual investor participation in the market has increased by "leaps and bounds".
September 16, 2021 -
Zerodha gets SEBI nod to foray into mutual fund business
Zerodha Founder and CEO, Nithin Kamath said in a tweet on Wednesday: "So, we just got our in-principle approval for our AMC (MF) license. I guess now comes the hard part.
September 2, 2021 -
Sebi slaps Rs 50 lakh fine on Kotak Mahindra AMC
Sebi found lapses on part of Kotak AMC in carrying out due diligence and laid back approach adopted by the fund house in risk assessment
August 27, 2021 -
Sebi empanels 16 entities to conduct forensic audit
In recent months, Sebi has ordered a forensic audit of certain companies. In October 2020, Sebi asked listed companies to make disclosures
August 24, 2021 -
No decision on stake sale in Petronet, Indraprastha Gas yet: BPCL
BPCL holds 12.5 percent of the shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 percent stake in city gas retailer, Indraprastha Gas Ltd (IGL). It is a promoter of both the listed companies and holds board positions.
August 13, 2021