Sebi News

Sebi likely to raise minimum net worth requirement of portfolio managers to Rs 5 crore

The proposals, which were released in a consultation paper on Friday by the Securities and Exchange Board of India (Sebi), are based on recommendations of the working group that has proposed changes in the Sebi (Portfolio Managers) Regulations, 1993.

SEBI panel proposes code of conduct for proxy advisors

The Sebi panel has said all proxy advisors should have a publicly available conflict of interest policy, which will have a clear approach on managing concerns relating to independence that could impact their recommendations provided to clients.


IL&FS case: Sebi widens probe into role of rating agencies

During the review period, IL&FS Group had availed rating services from Crisil Ltd, CARE Ratings, ICRA, India Ratings (a Fitch group company) and Brickwork.

SEBI proposes stricter norms for auditors to exit companies

Sebi has decided to tighten the auditor exit norms as it has found that “the statutory auditors have suddenly resigned without completing their assignments for the year, generally citing ‘pre-occupation’ as the reason for resignation”.

As IndiGo faces turbulence, regulators intensify scrutiny of governance lapses

InterGlobe Aviation, which got listed in 2015, has come under the intense regulatory scanner and there are indications of multiple violations of Sebi norms.

BSE stock options: Sebi imposes Rs 42 lakh fine on 5 entities for non-genuine trades

The five entities were among the various entities that indulged in non-genuine trades, the Securities and Exchange Board of India (Sebi) said.


IndiGo co-promoter urges Sebi to look into lapses in ‘governance’; regulator seeks details from airline

Flagging concerns about certain questionable Related Party Transactions (RPTs), Gangwal said the shareholders’ agreement provides his long-time friend Bhatia unusual controlling rights over IndiGo.

SEBI fines individual Rs 10 lakh for non-compliance with its directive

SEBI found Purushottam Khandelwal defying its 2014 order in which the Market Regulator had ordered him to disgorge an unlawful profit of Rs.26.30.

SEBI wants a seat on RBI board and more powers

SEBI’s move comes amidst crisis in the loosely-regulated NBFC sector that has adversely impacted some debt mutual funds which are directly regulated by it.

Sebi tightens disclosure norms for pledged shares; okays framework for DVR issuance

Sebi on Thursday also approved a new framework for issuance of differential voting right (DVR) shares from July 1, 2019.