Sebi norms News

FPIs will still need to make additional disclosures if more than 50 per cent of their equity assets under management (AUM) are concentrated in a single corporate group. 

The decision has been taken based on the internal discussions and consultations with the stakeholders, the Securities and Exchange Board of India (Sebi) said in a circular.

The OFS norms will be eased to allow this mechanism for all companies with market cap of Rs 1,000 crore and above, as against a current limit of top 200 companies.

Markets regulator Sebi has notified relaxed norms for stake purchase in distressed listed companies by lenders, exempting them from making open offers for shareholders.

Top stock exchange NSE has asked its brokers to ensure that their respective insurance cover is in order for current fiscal and submit the details of their policies in electronic format by July 31.

Promoters and directors of a listed company are required to disclose details about shares received by way of gift and through off-market transactions, according to regulator Sebi.

As many as 4,558 listed companies have complied with markets regulator Sebi's norms of having at least one woman director on board.

Mutual fund houses on Thursday said markets regulator Sebi's directive of taking the service of 'scrutinisers', to review the rationale behind the voting decisions made by them, will bring in greater transparency in the sector.

Tata Power Company on Thursday said it is fully compliant with all regulatory requirements of SEBI including on appointment of woman director on its board.

Crowdfunding typically involves young entrepreneurs and small groups of people raising funds for their ventures.

Markets regulator Sebi will soon issue norms allowing e-commerce platforms to sell mutual fund products, among other measures, to boost the MF industry.

The policy for administrative and governance issues of stock exchanges has been laid down in Sebi's Stock Exchanges and Clearing Corporations (SECC) Regulations, 2012.

The final norms have been finalised after taking into account suggestions from all stakeholders to the two separate sets of draft guidelines floated by Sebi earlier this year, sources said.

Capital markets regulator Sebi has barred VPS Advisory Services and its proprietor Varun Pratap Singh from acting as portfolio manager for providing investment related advisory services to clients without obtaining requisite approval.

Market regulator Sebi on Tuesday came out with detailed disclosure norms for listed firms while exercising employee stock options programmes (ESOP) to address concerns regarding potential market abuse.

"We are going to take a decision very soon in this regard. We are looking into how to make it easier for them to raise money," Sinha said.

Market regulator Sebi has lifted its curbs on Ganga Papers India Ltd, its directors and promoters after the company complied with the minimum public shareholding regulations.

Listed companies will soon have to provide specific details of any fraud, including its financial impact, by its executives as part of stringent disclosure norms finalised by capital markets regulator Sebi.