Sahara AMC is part of Sahara group that has been engaged in a long-drawn battle with Sebi.
These orders come after Sebi in October last year barred DLF and its six top executives from markets for three years for suppressing keyinformation at the time of its IPO in 2007.
While 24 entities have been barred from the capital market, nine others have been restrained from trading in the shares of Kamalakshi Finance.
The regulator would make the amendment to the Sebi (Delisting of Equity Shares) Regulations, 2009.
Banks and financial sector account for over 70% of the issuances in the corporate bond market.
PSUs were given a three-years time to comply with the norms last June.
Company is required to make yearly disclosures with respect to its shareholding pattern, within 30 days of a fiscal year ending March 31.
Regulator seeks to cut listing timeline to 2-3 days.
Sebi also put in place a new mechanism to allow one-time single registration for the depository participants.
Trail commission is paid to a distributor every year on the value invested by a client and varies between 0.2 and 1 per cent.
This is the first time Sebi has ordered the imprisonment of a defaulter since it was given expanded powers last year.
Meanwhile, according to a PTI report, Sebi has asked bondholders to submit their claims by next month along with necessary proof of their investments.
Sebi is also looking at removing the disparity between foreign currency convertible bonds (FCCBs) and convertible bonds issued in local currency.
Rajan added that the RBI has asked the finance ministry for a review of priority sector lending norms.
Sebi to allow loan conversion at a lower price on RBI’s request