Currently, this facility is only available to investors who hold units directly with the respective fund houses | Photo credit: Getty Images Capital market regulator SEBI has proposed to allow Systematic Withdrawal Plan (SWP) and Systemic Transfer Plan (STP) for investors holding mutual fund units in demat form. This facility is planned to be rolled […]
The Securities and Exchange Board of India (Sebi) has proposed to change the ‘fit and proper person’ criteria for market intermediaries, including stock brokers, in a bid to reduce compliance burden on entities facing legal proceedings.The regulator has proposed to do away with automatic disqualification of persons holding key positions while filing an FIR (first […]
Capital market regulator SEBI has introduced a special period of one year to enable investors to complete their ongoing transfer and dematerialization of physical securities from February 5. This will help investors regularize and complete the transfer and dematerialization of securities and would make it easier for such investors to gain lawful access to their […]
Capital market regulator Sebi on Friday announced a special one-year period to help investors transfer and dematerialize physical securities that could not be processed earlier due to procedural or documentation issues.In a January 30 circular, Sebi said the special window will be open from February 5, 2026 to February 4, 2027. The move is aimed […]
FILE PHOTO: The Securities and Exchange Board of India (SEBI) logo is seen at its headquarters in Mumbai, India, March 24, 2025. REUTERS/Hemanshi Kamani///File Photo | Photo credit: HEMANSHI KAMANI The Securities and Exchange Board of India (SEBI) has accused current and former executives at the local units of PwC and EY, among others, of […]
NEW DELHI: As many as seven companies, including real estate firm Runwal Developers, tech solutions provider Lalbaba Engineering and gold and silver platform Augmont Enterprises, have received approval from Sebi to raise money through initial public offerings, according to an update released by the regulator on Friday.Other companies that have received regulatory approval include specialty […]
Capital market regulator Sebi has decided to change the way the closing prices of shares in the stock market are calculated. Instead of using the average price of trades in the last 30 minutes of trading, exchanges will move to a new system called the Closing Auction Session (CAS).Currently, a stock’s closing price is based […]
ICICI Lombard General Insurance disclosed a corporate governance lapse after draft, unaudited financial information for the December quarter was inadvertently shared on a senior employee’s personal WhatsApp status, prompting the insurer to inform the stock exchanges as a precautionary measure.ICICI Lombard said in a filing with the regulator that a ‘designated person’ accidentally posted certain […]
Insurtech firm Turtlemint Fintech Solutions Ltd will file its updated draft documents with market regulator Sebi in the next two weeks as it prepares to launch its Rs 2,000 crore initial public offering (IPO) sometime between March and April, people familiar with the development said on Tuesday.The company had confidentially filed its preliminary IPO papers […]
Markets regulator Securities and Exchange Board of India (Sebi) has banned 26 people from accessing the capital markets for a period of up to two years after they were involved in price manipulation of SME shares DU Digital Technologies Limited. The regulator also ordered disbursement of Rs 98.78 lakh they had earned as illegal profits, […]