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Sunday, December 15, 2019

Sebi

SEBI NEWS

Lenders didn’t verify title of Karvy Stock Broking’s pledged securities: Sebi

December 15, 2019 1:44 am

Sebi had, in a late evening order on Friday, rejected the plea of lenders to return the clients’ shares pledged by Karvy. The regulator also suggested that the remedy for lenders “lies against KSBL before civil court of competent jurisdiction”.

Companies can file draft papers for issues worth up to Rs 750 crore with Sebi's regional offices

December 11, 2019 5:41 pm

Till now, merchant bankers on behalf of the companies were allowed to file the papers for issues worth up to Rs 500 crore with regional office of Sebi concerned.

No relief for Karvy lenders from SAT, asked to approach SEBI

December 05, 2019 3:29 am

In the case of Bajaj Finance which first approached SAT, the Tribunal, on Tuesday, asked Sebi to hear the financier latest by Wednesday, and directed Sebi to pass a fresh order by December 10.

Karvy case: 90% investors get back their securities on prompt Sebi action

December 02, 2019 9:34 pm

With the latest transfer by National Securities Depository Ltd (NSDL), nearly 90 per cent investors have got back their securities and the remaining ones will get after clearing their dues.

BSE, NSE suspend Karvy Stock Broking trading licence

December 02, 2019 1:50 pm

In two separate circulars, the bourses announced that they "have suspended Karvy Stock Broking Ltd with effect from December 2, 2019 due to non-compliance of the regulatory provisions of the exchange".

SAT directs Sebi to decide on Karvy’s PoA usage by Monday

November 30, 2019 2:54 am

Sebi’s action was primarily based on a probe report by the National Stock Exchange (NSE), which said the broker had indulged in various unapproved transactions.

New Sebi norms: No single issuer to have over 15 per cent weight in debt ETFs

November 30, 2019 2:49 am

“In an event where the credit rating of an issuance falls below the investment grade or rating mandated in the index methodology, rebalancing by debt ETFs/index funds shall be done within a period of five working days,” said Sebi in a circular.

Sebi imposes Rs 2 lakh fine on Unitech for violating Listing Agreement

November 29, 2019 5:24 pm

It was alleged that Unitech made incorrect disclosure about shareholding of some promoters in the quarter ended September 2008 and December 2008.

ICICI Securities settles case of alleged violation of stock broker norms with Sebi

November 28, 2019 5:57 pm

The matter pertains to an investigation carried out by Sebi pursuant to appearance of news items alleging dematerialisation and selling of shares of dormant accounts using forged documents by certain entities.

Explained: How Sebi’s new default disclosure norm works

November 28, 2019 10:53 am

Sebi says the change was necessary to address information asymmetry — or a gap in the availability of information to different classes of investors — on defaults on loans by listed companies.