Jyoti CNC Automation Ltd has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The CNC machine manufacturer plans to raise ₹1,000 crore through its initial public offering (IPO). The company’s maiden public issue is entirely a fresh issue of equity sharesRead More →
Marker regulator SEBI on Tuesday announced new guidelines to strengthen the existing cyber security and cyber resilience framework for Market Infrastructure Institutions like the Stock Exchanges, clearing corporations and depositories. In a release on Tuesday, SEBI said, “With the change in market dynamics in the Indian Securities markets, the interdependenceRead More →
Medi Assist Healthcare Services has filed its draft red herring prospectus (DRHP) with the capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial share sale. This is the medical insurance provider’s second attempt to go public. Earlier, the insurer had filed preliminary papersRead More →
Market regulator Securities Exchange Board of India (SEBI) on Friday released a consultation paper on the association of registered intermediaries with finfluencers. The move comes amid wide public and media attention garnered by the finfluencers in recent months. The paper mentioned the unregistered entities/finfluencers which are enticing their followers toRead More →
For the expansion of market for emerging investment instruments, Sebi is mulling over to bring in norms for follow-on offers by real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). The two trusts were launched in India with an aim to provide exposure to investors to real estate andRead More →
DELHI, BENGALURU : The Securities and Exchange Board of India (Sebi) has intensified its scrutiny on promoter classification of companies looking to go public, with the markets regulator’s observations prompting at least six companies in the past three months to include individuals or entities as promoters, according to three peopleRead More →
The National Commodity and Derivatives Exchange (NCDEX) has partnered with Noida-based Skymet Weather Services to launch a weather index and facilitate derivatives trading on the index. The NCDEX and Skymet Weather Services will seek approval from Securities and Exchange Board of India (Sebi) for launching derivatives on the weather index,Read More →
NEW DELHI : The Securities and Exchange Board of India (Sebi) has proposed to ease the delisting regulations for companies to facilitate smoother exits for listed firms from stock exchanges. In a consultation paper floated on Monday, the regulator proposed providing an alternative route to listed firms for reverse bookRead More →
On 10 August, the Securities Appellate Tribunal (SAT) set aside Sebi’s disgorgement order in the National Stock Exchange (NSE) dark fibre case. In 2023 so far, the tribunal has set aside disgorgement orders in at least three other cases, including the NSE co-location case, the Satyam scam, and a caseRead More →
Jodhpur-based Vishnu Prakash R Punglia Ltd has capital markets regulator Securities and Exchange Board of India (SEBI) approval to raise funds through an initial public offer (IPO). The public offering entirly comprises of fresh issue of up to 31.20 million shares without any offer for sale (OFS) component. The offerRead More →
