The India Bullion and Jewelers Association (IBJA) on Tuesday announced the formation of a self-regulatory division for the digital gold industry after Sebi warned investors that digital gold products are regulated neither as securities nor as commodity derivatives and that such products fall outside its jurisdiction and do not benefit from investor protection mechanisms available […]
Markets regulator Securities and Exchange Board of India (Sebi) on Saturday warned investors against digital or online platforms offering gold products as they pose significant risks to investors and could expose them to counterparty or operational risks.“It has come to Sebi’s attention that some digital/online platforms are offering investors to invest in ‘digital gold/e-gold products’. […]
Godrej Agrovet has received an administrative warning from the Securities and Exchange Board of India (SEBI) for the violation of provisions regarding disclosure requirements after the changes to its shareholding in Astec Lifesciences. Sebi’s observation relates to delayed disclosures with regard to changes in the shareholders of more than 2% in the company. The delays […]