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Posted Date : 27-Jun-2015 , 07:53:51 am | Posted By CASANSAAR
In a move to increase retail investor participation and reduce volatility ahead of an offer-for-sale (OFS), securities market regulator SEBI on Friday tuned the procedure in sync with bank working days. The Securities and Exchange Board of India has directed companies that opt for share sales t...
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Posted Date : 24-Jun-2015 , 07:44:08 am | Posted By CASANSAAR
Ushering in a wave of technology-driven reforms, regulator Sebi on Tuesday allowed startups to list and raise funds with an easier set of norms within India, while it made investments cheque-free for all IPOs. Besides, the regulator also fast-tracked the process of raising funds for companies thr...
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Posted Date : 17-Jun-2015 , 01:31:53 pm | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) issued a circular on detailed disclosure norms for listed firms while exercising employee stock options programmes (Esop) to address concerns regarding potential market abuse. The norms stipulate that the compensation committee constituted by comp...
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Posted Date : 12-May-2015 , 08:00:31 am | Posted By CASANSAAR
To check insider trading menace, market regulator Sebi asked listed companies to disclose details of securities held by promoters, directors, key management personnel and their relatives and other connected persons, before and after assuming such roles. Besides, the companies will have...
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Posted Date : 03-May-2015 , 09:45:34 am | Posted By CASANSAAR
To help investors better understand risks involved in mutual fund investments, regulator Sebi replaced the mandatory colour codes with a 'riskometer' containing five levels of risks from low to high. The mutual funds would need to mention the risk level of a scheme through a speedometer-l...
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Posted Date : 27-Apr-2015 , 08:34:02 am | Posted By CASANSAAR
Minister of State for Finance Jayant Sinha today said as many as 2,015 companies listed on the Bombay Stock Exchange and 263 on the National Stock Exchange are yet to comply with market regulator SEBI's directive to appoint at least one woman director on the board. Replying to a questio...
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Posted Date : 20-Apr-2015 , 08:17:26 am | Posted By CASANSAAR
In a major step towards bringing greater regulatory clarity for M&A deals, Sebi plans to put in place new guidelines to define 'bright lines' identifying the change of control in such transactions. Under Sebi's Takeover Regulations, the definition of 'control' is based on ...
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Posted Date : 14-Apr-2015 , 08:28:51 am | Posted By CASANSAAR
The Securities and Exchange Board of India (SEBI), on Monday, issued procedures for tendering and settlement of shares through stock exchanges for takeovers, buy back and delisting of entities. This is “to facilitate tendering of shares by the shareholders and settlement of the same,...
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Posted Date : 09-Apr-2015 , 08:04:11 am | Posted By CASANSAAR
Companies, which have failed to comply with the Sebi norm of appointing at least one woman director on their board will have to pay a fine of at least Rs 50,000 which could go progressively higher depending on the period of non-compliance. The circular issued on Wednesday said th...
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Posted Date : 31-Mar-2015 , 07:51:53 am | Posted By CASANSAAR
Despite a SEBI deadline to appoint women directors coming to end in just two days, nearly 400 listed companies are yet to comply with the guideline. Listed companies are required to have at least one woman director before April 1 and recently, Sebi also indicated that there would not be any further ...
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Posted Date : 28-Mar-2015 , 08:06:29 am | Posted By CASANSAAR
Moving a step closer to having a Dubai and Singapore-likeinternational financial services centres (IFSCs), India’s capital markets regulator Sebi on Friday issued broad guidelines for IFSCs – the first of which is to come up in Gujarat as Gujarat Intern...
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Posted Date : 24-Mar-2015 , 08:06:43 am | Posted By CASANSAAR
India on Sunday moved a step closer to having a Singapore- or Dubai-like financial hub, with the Securities and Exchange Board of India (Sebi) approving a framework for international financial centres (IFCs). After its board meeting in New Delhi, the market regulator issued broad guidelines for I...
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Posted Date : 17-Mar-2015 , 08:23:26 am | Posted By CASANSAAR
A large number of fraudulent websites, luring investors with promise of high and quick returns in stock market, have come under the scanner of the Securities and Exchange Board of India (Sebi) and may have to soon shut shop and pay huge penalties. Sources said that over 50 such websites have come...
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Posted Date : 16-Mar-2015 , 03:45:31 pm | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) has shot off a fresh warning to listed companies to appoint, at least, one woman director on their Boards by the April 1 deadline failing which they would face regulatory action. The market regulator was informed by the stock exchanges that close to ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 531
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Posted Date : 05-Mar-2015 , 08:44:33 am | Posted By CASANSAAR
To make it easier for new individual investors, market regulator Sebi announced a 'Saral' or simplified account opening form for such persons and eased the process for submitting address proof documents.The move comes in the backdrop of the government and the regulator making efforts to attract...
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Posted Date : 09-Feb-2015 , 08:21:12 am | Posted By CASANSAAR
Cracking its whip on entities using stock markets for evading taxes and laundering black money, the Securities and Exchange Board of India (Sebi) has decided to suspend trading in listed companies that are found to be used by such manipulators. The capital market watchdog has identified thr...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 616
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Posted Date : 22-Jan-2015 , 10:09:16 pm | Posted By CASANSAAR
Capital market regulator said on Thursday it will allow companies to re-issue existing corporate bonds, in a move that is expected to avoid the fragmentation of liquidity in debt markets with multiple issuances. Securities and Exchange Board of India ( SEBI) had been widely expected to allow re...
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Posted Date : 19-Jan-2015 , 08:36:46 am | Posted By CASANSAAR
To ensure fair treatment of minority investors during takeovers of listed companies, regulator Sebi has decided to seek help of chartered accountants and merchant bankers for an independent valuation of the price offered to small shareholders by new promoters. For the purpose, Sebi would empanel el...
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Posted Date : 17-Jan-2015 , 10:31:19 pm | Posted By CASANSAAR
Making public a list of 63 companies running illegal money pooling schemes, market regulator Securities and Exchange Board of India (Sebi) has cautioned investors and general public against dealing with such entities and advised them not be lured by promises of high returns. The latest list released...
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Posted Date : 16-Jan-2015 , 07:58:39 am | Posted By CASANSAAR
Market regulator Sebi on Thursday notified a stricter set of insider trading norms to check illicit transactions in shares of listed firms by management personnel and 'connected persons'. The new norms, which will revamp nearly two-decade old regulations on insider t...
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Posted Date : 01-Jan-2015 , 08:34:10 am | Posted By CASANSAAR
Market regulator Sebi has notified new rules that allow launch of two new schemes in a year by mutual fund houses with net worth below 50 crore rupees. However, such permission would be considered on a case-to-case basis, depending on Asset Management Companies (AMCs) demonstrating that serious effo...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 331
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Posted Date : 31-Dec-2014 , 08:44:31 am | Posted By CASANSAAR
Market regulator Sebi on Tuesday proposed new rules to allow reclassification of promoters at listed firms looking to become public shareholders. The new norms can have a significant impact on the way some merger and acquisition deals are structured, as also in cases involving cor...
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Posted Date : 30-Dec-2014 , 08:33:15 am | Posted By CASANSAAR
At least 1,000 individuals and companies have come under markets regulator Sebi's scanner for allegedly using stock markets to evade taxes and launder money through companies mostly existing on paper. Sebi is focussing on securities market related violations by these individuals and compan...
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Posted Date : 24-Dec-2014 , 08:31:40 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi), the income-tax department and the special investigative team (SIT) on black money are learnt to be spearheading a multi-agency probe into an alleged flow of unaccounted money through 100 listed companies. According to sources, Sebi&n...
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Posted Date : 23-Dec-2014 , 07:26:21 am | Posted By CASANSAAR
Over 50 companies are being investigated by the Securities & Exchange Board of India (Sebi) for what the market regulator suspects are activities aimed atmoney laundering and tax evasion in unheard of shares, which have seen sharp price spikes in recent months. Already, ...
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Posted Date : 20-Dec-2014 , 02:24:44 pm | Posted By CASANSAAR
In its biggest ever crackdown for suspected tax evasion and laundering of black money through stock trading platforms, Sebi today barred 260 entities, including individuals and companies, from the securities markets. While Sebi would further probe these cases, it has also decided to refer t...
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Posted Date : 18-Dec-2014 , 08:23:40 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi), in a fresh effort to locate Sahara investors eligible for refunds, has asked bond-holders to submit their claims by January 2015 along with necessary proof of their investments. The latest exercise follows a similar attempt made by Sebi in ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 543
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Posted Date : 11-Dec-2014 , 08:45:02 am | Posted By CASANSAAR
To help expand reach of mutual funds, regulator Sebi has allowed their distributors to use the stock exchange platform for non-demat transactions as well for sale or redemption of these financial products.The move comes over one year after Sebi allowed MF distributors to use stock exchange infrastru...
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Posted Date : 10-Dec-2014 , 08:21:05 am | Posted By CASANSAAR
Research analysts employed with a research firm or a brokerage house are not required to obtain registration certificate from the capital market regulator Sebi. However, firms that employ these analysts are required to obtain the certificate, the Sebi clarified on Tuesday. "The individuals empl...
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Posted Date : 28-Nov-2014 , 08:32:32 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) could soon allow Indian companies to issue partly paid-up shares and warrants to foreign investors. According to people in the know, the norms are going to be streamlined for all forms of equity capital, including public issue and rights i...
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