Former Kerala Chief Minister and Leader of the Opposition Pinarayi Vijayan has moved the Securities and Exchange Board of India (SEBI), seeking its intervention in the Adani Group's proposed $1.4 billion (Rs 13,220 crore) stake sale in the Vizhinjam Port project, alleging that the move violates the project's concession agreement.
The Securities and Exchange Board of India (Sebi) has proposed extending the facility of Direct Market Access (DMA) to all categories of investors, a move that could allow retail and other investors to directly access trading platforms without routing orders through brokers.
The National Stock Exchange (NSE) filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.
NSE has filed draft IPO documents with SEBI for an offer involving nearly 149 million shares. The issue is expected to be worth around Rs 30,000 crore and could become India's largest-ever public offering.
In its interim order, SEBI's investigation prima facie revealed instances of routing and layering of funds via personal accounts and related entities without adequate disclosures or supporting documentation.
Addressing a press conference, Congress leader and AICC Chairman of the Media and Publicity Department Pawan Khera cited SEBI’s interim order and claimed that the findings pointed towards “one of the largest financial misrepresentation scandals in India’s corporate history.”
One of the email complaints sent to the Securities and Exchange Board of India (Sebi) in 2024 has ignited serious concerns for Rajesh Exports Limited (REL), one of India's largest gold companies, regarding alleged financial discrepancies totalling approximately Rs 15.15 lakh crore.
Rajesh Exports Ltd informed the BSE on Thursday that the order passed by the Securities & Exchange Board of India (SEBI) is an interim order, not a final one, following SEBI's allegation that the company appears to have prima facie overstated its revenues.
Capital markets regulator Securities and Exchange Board of India (SEBI) has found that a Bank of America (BofA) unit improperly shared material non‑public information about a $180 million block sale and misled investigators, a report has claimed.
The recently concluded Confederation of Indian Industries (CII) Financing Summit 2025, attended inter-alia, by V Anantha Nageswaran, Chief Economic Advisor (CEA) and SEBI chief Tuhin Kanta Pandey, made headlines because of some plain-speaking by the CEA, who observed: “India’s equity markets have grown impressively, but Initial Public Offerings (IPOs) have increasingly become exit vehicles for early investors, rather than mechanisms for raising long-term capital.”
