Powered by: Motilal Oswal

News

Quote on SEBI`s plan one-hour trade settlement from A Balakrishnan, Geojit Financial Services Below the quote on SEBI's plan one-hour trade settlement from A Balakrishnan, Executive Director of Geojit Financial Services. "We do not see any impediment in Sebi’s plan to implement one-hour settlement of trades first. It is highly implementable when Clearing Corporations and Depositories are ready with the systems. UPI’s success created confidence in near real time settlement. Investors will get faster settlement and they will have faster cash in ha...
Quote on SEBI`s plan one-hour trade settlement from A Balakrishnan, Geojit Financial Services
Quote on SEBI`s plan one-hour trade settlement from A Balakrishnan, Geojit Financial Services
Source: Geojit Financial Services
6/09/2023 6:19:06 PM
OYO India CEO, Europe head move on Global hospitality technology major OYO India CEO Ankit Gupta and Europe head Mandar Vaidya have left the company. As per sources, Gupta is kicking off his own startup and amid the transition, is mentoring a senior OYO executive to take on his role in the country.  According to sources, his departure has been a cordial one as OYO charts a new course towards future growth. "Ankit Gupta and Mandar Vaidya moved on from their roles six months ago in March 2023. We are proud of ...
OYO India CEO, Europe head move on
OYO India CEO, Europe head move on
Source: IANS
6/09/2023 4:17:16 PM
P-notes investment in Indian markets rise to Rs 1.23 lakh crore in July-end: SEBI The Securities and Exchange Board of India (SEBI) in its latest data has showed that investment in the Indian capital markets through participatory notes (P-notes) rose to close to a six-year high at Rs 1.23 lakh crore in July-end, making it the fifth consecutive monthly increase, on the back of stable macroeconomic fundamentals. The amount has reached the highest level since December 2017 -- when investment through the route stood at Rs 1.25 lakh crore.  According to Sebi data, the v...
P-notes investment in Indian markets rise to Rs 1.23 lakh crore in July-end: SEBI
P-notes investment in Indian markets rise to Rs 1.23 lakh crore in July-end: SEBI
Source: Accord Fintech
4/09/2023 11:44:51 AM
Quote on Regulations announced by SEBI on influencers on stock manipulation from Dr. V K Vijayakumar, Geojit Financial Services Below the quote on Regulations announced by SEBI on influencers on stock manipulation from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. "The tripling of demat accounts from 40 million in 2020 to 120 million in 2023 with 2 million being added every month has created an unprecedented opportunity for finfluencers to exploit these newbies who are flocking to the market. The new investors need to be properly educated and handheld. Instead many fi...
Quote on Regulations announced by SEBI on influencers on stock manipulation from Dr. V K Vijayakumar, Geojit Financial Services
Quote on Regulations announced by SEBI on influencers on stock manipulation from Dr. V K Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services
30/08/2023 11:03:18 AM
India`s inflation to keep steady, growth on track -Finance Minister Indian inflation will remain steady in coming months, despite short-term rises in the prices of certain food items, Finance Minister Nirmala Sitharaman told the Economic Times newspaper in an interview. Food price inflation rose to 11.5% in July, its highest in more than 3-1/2 years, while India is set to receive its sparsest monsoon rains in eight years, adding to Prime Minister Narendra Modi's woes in an election year. But economic growth was likely to be robust at least until the...
India`s inflation to keep steady, growth on track -Finance Minister
India`s inflation to keep steady, growth on track -Finance Minister
Source: Reuters
30/08/2023 10:47:37 AM
DOMS Industries files DRHP with SEBI for Rs 1,200 crore IPO DOMS Industries has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise as much as Rs 1,200 crore through an initial public offering (IPO).   The funds raised through the fresh issue would be utilized for the setting up of a new manufacturing facility to expand the company's production capabilities for a wide range of writing instruments, watercolour pens, markers and highlighters as well as for general co...
DOMS Industries files DRHP with SEBI for Rs 1,200 crore IPO
DOMS Industries files DRHP with SEBI for Rs 1,200 crore IPO
Source: Accord Fintech
23/08/2023 1:57:48 PM
SEBI reduces Listing Timeline from T+6 days to T+3 days by Mr. Mahavir Lunawat, Pantomath Capital Advisors Below the Prespective on SEBI reduces Listing Timeline from T+6 days to T+3 days by Mr. Mahavir Lunawat, Pantomath Capital Advisors   "Indian capital market is increasingly becoming a hallmark for global best standards on all critical parameters such as efficiency, transparency, robustness. Public listing process of just 3 days is yet another significant move by Indian capital market regulator. IPOs get queued up and investors don’t get to participate when mult...
SEBI reduces Listing Timeline from T+6 days to T+3 days by Mr. Mahavir Lunawat, Pantomath Capital Advisors
SEBI reduces Listing Timeline from T+6 days to T+3 days by Mr. Mahavir Lunawat, Pantomath Capital Advisors
Source: PR Agency
10/08/2023 12:46:30 PM
ASK Private Wealth launches Private Credit Fund; seeks to raise up to Rs. 1,000 cr. ASK Private Wealth, the independent wealth advisory and family office arm of ASK Group, announces the launch of its Private Credit Fund aiming to raise up to Rs. 1,000 crores inclusive of a greenshoe option. The new fund has received regulatory approval from SEBI under the Alternative Investment Fund (AIF) category II and is strategically positioned within the Performing Credit space. The firm has hired Shantanu Sahai as Senior Managing Partner and Head of the Fund, who in his previous assign...
ASK Private Wealth launches Private Credit Fund; seeks to raise up to Rs. 1,000 cr.
ASK Private Wealth launches Private Credit Fund; seeks to raise up to Rs. 1,000 cr.
Source: PR Agency
9/08/2023 11:45:10 AM
SEBI, BSE and NSE establish Investor Service Center (ISC) at Lucknow, Uttar Pradesh
SEBI, BSE and NSE establish Investor Service Center (ISC) at Lucknow, Uttar Pradesh
SEBI, BSE and NSE establish Investor Service Center (ISC) at Lucknow, Uttar Pradesh
Source: PR Agency
5/08/2023 5:21:00 PM
Vishnu Prakash R Punglia Ltd gets Sebi nod for IPO Jodhpur-based Vishnu Prakash R Punglia Limited is an integrated Engineering, Procurement and Construction (“EPC”) company, which specializes in water supply projects (WSP) has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).  The company had filed preliminary IPO papers with Sebi on April 12, 2023.  It has experience in major infrastructure pro...
Vishnu Prakash R Punglia Ltd gets Sebi nod for IPO
Vishnu Prakash R Punglia Ltd gets Sebi nod for IPO
Source: PR Agency
4/08/2023 12:33:10 PM
Mumbai based Aeroflex Industries Limited gets SEBI Nod for Rs. 350 crore IPO Mumbai based Aeroflex Industries Limited (‘Aeroflex” or “the Company”) is a manufacturer of environment friendly Metallic Flexible Flow Solution products, catering to global markets. Aeroflex exports its products to more than 80 countries including Europe, USA and others, generating more than 80% of its revenue from exports has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an in...
Mumbai based Aeroflex Industries Limited gets SEBI Nod for Rs. 350 crore IPO
Mumbai based Aeroflex Industries Limited gets SEBI Nod for Rs. 350 crore IPO
Source: PR Agency
2/08/2023 5:40:30 PM
India`s markets regulator to ease proposals on mutual fund fee structures  India’s markets regulator will put forth two options to water down its earlier proposal to levy a standard investor fee on mutual funds, to limit the impact on the profitability of the 44.3 trillion-rupee ($537.75 billion) asset management industry, two sources with direct knowledge of the matter said. The changes, following a push-back from the industry, will be part of a discussion paper likely to be issued in the coming weeks, the sources said. A discussion paper is the firs...
India`s markets regulator to ease proposals on mutual fund fee structures
India`s markets regulator to ease proposals on mutual fund fee structures
Source: Reuters
2/08/2023 11:58:56 AM
No proposal to curb retail participation in derivative markets, says SEBI Markets regulator, SEBI has clarified that there is no proposal to curb retail participation in derivative markets. The clarification came after some media articles speculated that SEBI was seeking to curb retail participation in derivative markets. SEBI said currently, for trading in the derivative segment, SEBI Circular dated December 3, 2009 (now incorporated under Master Circular for Stock Brokers dated May 17, 2023) prescribes that the stock broker shall have documentary evidence o...
No proposal to curb retail participation in derivative markets, says SEBI
No proposal to curb retail participation in derivative markets, says SEBI
Source: IANS
30/07/2023 12:52:16 PM
HDFC AMC announces change in Benchmark Index of Multi-Asset Fund HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC Multi-Asset Fund. As advised by SEBI vide its circular, mutual fund schemes have to adopt uniform benchmarks as notified by AMFI from time to time. Pursuant to framework issued in this regard by SEBI and AMFI, HDFC Mutual Fund has informed that the Benchmark Index of HDFC Multi-Asset Fund (‘the Scheme’) under the scheme category ‘M...
HDFC AMC announces change in Benchmark Index of Multi-Asset Fund
HDFC AMC announces change in Benchmark Index of Multi-Asset Fund
Source: Accord Fintech
27/07/2023 11:20:45 AM
TVS Supply Chain Solutions gets SEBI`s go-ahead to raise funds via IPO TVS Supply Chain Solutions, part of TVS Mobility Group, has received the Securities and Exchange Board of India’s (SEBI's) approval to float an initial public offering (IPO). The IPO comprises a fresh issue of equity shares aggregating up to Rs 750 crore and an Offer for Sale (OFS) of over 2 crore equity shares by promoters and existing shareholders. Proceeds from the fresh issue will be utilised for payment of debt availed by the company and its subsidiaries -- TVS LI UK and TVS...
TVS Supply Chain Solutions gets SEBI`s go-ahead to raise funds via IPO
TVS Supply Chain Solutions gets SEBI`s go-ahead to raise funds via IPO
Source: Accord Fintech
26/07/2023 3:06:37 PM
Baroda BNP Paribas Mutual Fund files offers document for Small Cap Fund Baroda BNP Paribas Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘Baroda BNP Paribas Small Cap Fund’. The New Fund Offer price is Rs 10. Entry load will be nil and Exit load if units of the Scheme are redeemed or switched out up to 10% of the units within 1year from the date of allotment will be Nil, If units of the scheme are redeemed or switched out in excess of the limit within 1year from the date of allotment exit load will be 1% of...
Baroda BNP Paribas Mutual Fund files offers document for Small Cap Fund
Baroda BNP Paribas Mutual Fund files offers document for Small Cap Fund
Source: Accord Fintech
26/07/2023 1:53:18 PM
Tata Motors remains only major listed company with `A` ordinary shares Tata Motors remains the only major listed company with "A" ordinary share capital. In 2008, TML issued "A" ordinary shares at a 10 per cent discount to ordinary with lower voting rights (1/10th) and higher dividend (by 5 per cent). In 2009, SEBI disallowed companies to create new class of shares with differential rights impacting the market for new issuances. Existing "A" ordinary shares were allowed to continue. Tata Motors announced its DVR to get deli...
Tata Motors remains only major listed company with `A` ordinary shares
Tata Motors remains only major listed company with `A` ordinary shares
Source: IANS
26/07/2023 9:13:04 AM
India markets regulator to consider permitting delisting via fixed price India's markets regulator will consider permitting the delisting of companies via fixed price instead of the reverse book-building procedure, Chairperson Madhabi Puri Buch said on Monday. The Securities and Exchange Board of India will issue a discussion paper on the subject by December, the regulator said. In the reverse book-building process to delist a company from stock exchanges, shareholders place offers for the price at which they are willing to sell securities back to the pr...
India markets regulator to consider permitting delisting via fixed price
India markets regulator to consider permitting delisting via fixed price
Source: Reuters
24/07/2023 5:39:42 PM
Flair Writing Industries files DRHP with SEBI Flair Writing Industries has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares aggregating up to Rs 365 crore and an offer-for-sale (OFS) of equity shares worth up to Rs 380 crore by promoters and promoter group entities. The company proposes to utilize the net proceeds of the fresh issue for setting up a manufacturing fac...
Flair Writing Industries files DRHP with SEBI
Flair Writing Industries files DRHP with SEBI
Source: Accord Fintech
20/07/2023 3:50:21 PM
India's Zee Entertainment forms interim committee to run operations Zee Entertainment Enterprises on Monday said it formed an interim committee to run operations after ex-chairman Subhash Chandra and CEO Punit Goenka failed to overturn the market regulator's ban on them holding board positions. The interim committee will be under the supervision of Zee's board, a company spokesperson said. The Securities and Exchange Board of India in June banned Chandra and Goenka from holding board positions in publicly listed companies for a year, alleging th...
India's Zee Entertainment forms interim committee to run operations
India's Zee Entertainment forms interim committee to run operations
Source: Reuters
17/07/2023 4:26:40 PM
Credo Brands Marketing files IPO papers with SEBI Credo Brands Marketing has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO is a complete offer for sale (OFS) of up to 1.96 crore shares by promoters and other existing shareholders. DAM Capital Advisors, ICICI Securities, and Keynote Financial Services are the book-running lead managers to the public issue. The equity shares are proposed to be listed on the BS...
Credo Brands Marketing files IPO papers with SEBI
Credo Brands Marketing files IPO papers with SEBI
Source: Accord Fintech
17/07/2023 1:14:13 PM
NSDL files DRHP with SEBI for IPO National Securities Depository (NSDL) has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).  The IPO is a complete offer-for-sale (OFS) of more than 5.72 crore equity shares by existing shareholders. Under the OFS, IDBI Bank plans to offload 2.22 crore shares, National Stock Exchange (NSE) 1.80 crore shares, Union Bank of India 56.25 lakh shares, State Bank of India...
NSDL files DRHP with SEBI for IPO
NSDL files DRHP with SEBI for IPO
Source: Accord Fintech
11/07/2023 3:59:12 PM
EMS gets SEBI`s go-ahead to raise funds via IPO Sewerage solution provider EMS has received the Securities and Exchange Board of India’s (SEBI) approval to float an initial public offering (IPO). The IPO of EMS comprises a fresh issue of equity shares worth Rs 180 crore and an offer for the sale of 82.94 lakh shares by promoter Ramveer Singh. At present, Singh holds a 97.81 per cent stake in the company.  Proceeds from the fresh issue will be utilised towards funding working capital requirements and other general corporate pu...
EMS gets SEBI`s go-ahead to raise funds via IPO
EMS gets SEBI`s go-ahead to raise funds via IPO
Source: Accord Fintech
11/07/2023 3:53:48 PM
Aditya Birla Sun Life AMC changes risk-o-meter of Financial Planning FOF - Conservative Plan Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Aditya Birla Sun Life Financial Planning FOF - Conservative Plan (the Scheme). In terms with Para 17.4.1.h of SEBI Master Circular on Mutual Funds dated May 19, 2023, the Risk-o-meter of Aditya Birla Sun Life Financial Planning FOF - Conservative Plan (An open-ended fund of fund scheme investing in a portfolio of mutual fund schemes (predominantly in Debt & Liq...
Aditya Birla Sun Life AMC changes risk-o-meter of Financial Planning FOF - Conservative Plan
Aditya Birla Sun Life AMC changes risk-o-meter of Financial Planning FOF - Conservative Plan
Source: Accord Fintech
11/07/2023 3:29:52 PM
Tata AMC announces change in risk-o-meter of the schemes Tata Asset Management Company (AMC) has announced that addendum to the Scheme Information Document (s) (SIDS) / Key Information Memorandum(s) (KIMS) of Specified Scheme(s) and Statement of Additional Information (SAI) of Tata Mutual Fund.   Tata Asset Management Company has announced that pursuant to SEBI Circular No. SEBI/HO/IMO/DF3/CIR/P/2020/197 dated October 05, 2020 on Product Labeling in Mutual Fund, Tata Mutual Fund has evaluated the risk levels for the schemes of the Mutual...
Tata AMC announces change in risk-o-meter of the schemes
Tata AMC announces change in risk-o-meter of the schemes
Source: Accord Fintech
11/07/2023 3:25:08 PM
Canara Robeco AMC announces change in TER for several schemes Canara Robeco Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of the Scheme(s) of Canara Robeco Mutual Fund (CRAMC).   Canara Robeco Mutual Fund informed that in accordance with SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2018/91 dated June 05, 2018, the base Total Expense Ratio (TER) (TER excluding additional expenses provided in Regulation 52(6A) (b), 52(6A) (c) of SEBI (M...
Canara Robeco AMC announces change in TER for several schemes
Canara Robeco AMC announces change in TER for several schemes
Source: Accord Fintech
11/07/2023 3:21:04 PM
Quant Mutual Fund files offer document for Retirement Fund Quant Mutual Fund has filed offer document with SEBI to launch an open-ended retirement solution oriented scheme named ‘Quant Retirement Fund’. The New Fund Offer price is Rs 10. Entry load and Exit load will be nil. The Scheme offers growth and dividend options for investment, and minimum target subscription amount for the Scheme to be raised is Rs 10 crore. The performance of the scheme is benchmarked for 65%  S&P  BSE  200  TRI  +  15% ...
Quant Mutual Fund files offer document for Retirement Fund
Quant Mutual Fund files offer document for Retirement Fund
Source: Accord Fintech
11/07/2023 3:16:22 PM
HDFC AMC announces change in risk-o-meter under Money Market Fund & Nifty G-sec Dec 2026 Index Fund HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund. HDFC Mutual Fund has informed that in compliance with clause 17.4.1.h of the SEBI Master Circular for Mutual Funds dated May 19, 2023, the Risk-o-meters of the below Scheme of HDFC MF stand revised as follows: The Risk-o-meter of HDFC Money Market Fund stands revised from ‘Low to Moderate’ to ‘Moderate&rsquo...
HDFC AMC announces change in risk-o-meter under Money Market Fund & Nifty G-sec Dec 2026 Index Fund
HDFC AMC announces change in risk-o-meter under Money Market Fund & Nifty G-sec Dec 2026 Index Fund
Source: Accord Fintech
7/07/2023 4:06:31 PM
ITI AMC announces change in risk-o-meter ITI Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of ITI Mutual Fund. ITI Mutual Fund had informed that pursuant to SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, the Risk-o-meter of ITI Dynamic Bond Fund (An open ended dynamic debt scheme investing across duration. Relatively High interest rate risk and relatively Low credit risk) has been revised from existing &lsquo...
ITI AMC announces change in risk-o-meter
ITI AMC announces change in risk-o-meter
Source: Accord Fintech
7/07/2023 1:00:05 PM
Aditya Birla Sun Life MF announces revision of time limit for NAV disclosure Aditya Birla Sun Life Mutual Fund has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Aditya Birla Sun Life Financial Planning FOF. Aditya Birla Sun Life Asset Management Company (AMC) informed that pursuant to Para 8.2 of the SEBI Master Circular on Mutual Funds dated May 19, 2023 with respect to ‘Review of time limit for disclosure of NAV of Mutual fund schemes investing overseas’, the timeline for declaration of NAV of Adit...
Aditya Birla Sun Life MF announces revision of time limit for NAV disclosure
Aditya Birla Sun Life MF announces revision of time limit for NAV disclosure
Source: Accord Fintech
7/07/2023 12:49:56 PM
Quant MF announces change in risk-o-meter in Quant Multi Asset Fund Quant Mutual Fund has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) of the schemes of Quant Mutual Fund. Pursuant to SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, risk-o-meter of Quant Multi Asset Fund is revised as ‘Very high’. The above risk-o-meter is based on evaluation of risk level of scheme’s portfolio as on June 30, 2023.    All other details of the Product Labelling and al...
Quant MF announces change in risk-o-meter in Quant Multi Asset Fund
Quant MF announces change in risk-o-meter in Quant Multi Asset Fund
Source: Accord Fintech
6/07/2023 12:53:54 PM
Quant MF announces change in risk-o-meter in Dynamic Asset Allocation Fund Quant Mutual Fund has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) of the schemes of Quant Mutual Fund. Pursuant to SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, risk-o-meter of Quant Dynamic Asset Allocation Fund is revised as ‘Moderately high’. The above risk-o-meter is based on evaluation of risk level of scheme’s portfolio as on June 30, 2023.    All other details of the Produ...
Quant MF announces change in risk-o-meter in Dynamic Asset Allocation Fund
Quant MF announces change in risk-o-meter in Dynamic Asset Allocation Fund
Source: Accord Fintech
6/07/2023 12:50:46 PM
Mirae Asset AMC announces change in risk-o-meter Mirae Asset AMC has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Mirae Asset Mutual Fund (MAMF).    Mirae Asset Investment Managers (India) has informed that in accordance with SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, risk-o-meter of Mirae Asset Cash Management Fund of Mirae Asset Mutual Fund stands revised from existing ‘Moderate’ to...
Mirae Asset AMC announces change in risk-o-meter
Mirae Asset AMC announces change in risk-o-meter
Source: Accord Fintech
6/07/2023 12:42:38 PM
Aditya Birla SL AMC announces revision of time limit for disclosure of NAV of schemes investing overseas Aditya Birla Sun Life AMC has informed that, pursuant to Para 8.2 of the SEBI Master Circular on Mutual Funds dated May 19, 2023 with respect to ‘Review of time limit for disclosure of NAV of Mutual fund schemes investing overseas’, the timeline for declaration of NAV of the following schemes has been revised with effect from Saturday, July 1, 2023 (‘the Effective date’): Aditya Birla Sun Life Global Emerging Opportunities Fund, Aditya Birla Sun Life Global Excellence ...
Aditya Birla SL AMC announces revision of time limit for disclosure of NAV of schemes investing overseas
Aditya Birla SL AMC announces revision of time limit for disclosure of NAV of schemes investing overseas
Source: Accord Fintech
4/07/2023 12:30:13 PM
Elevating SME Investment : SKI Capital gets Green Light from SEBI forINR 600 Crore AIF SKI Capital Services Limited (SKI Capital), a thirty-year-old multifaceted financial services firm, is pleased to announce that it has received registration from the Securities and Exchange Board of India (SEBI) for its SME capital market-focused Alternative Investment Fund (AIF). The fund has a target corpus INR 600 crores and marks a new direction for SKI Capital's investment strategy.   This AIF registration strengthens SKI Capital’s position in the Indian finance sect...
Elevating SME Investment : SKI Capital gets Green Light from SEBI forINR 600 Crore AIF
Elevating SME Investment : SKI Capital gets Green Light from SEBI forINR 600 Crore AIF
Source: PR Agency
27/06/2023 4:16:18 PM
SBFC Finance gets Sebi nod for Rs 1200 cr IPO Mumbai-based SBFC Finance Limited a non-deposit-taking non-banking finance company (“NBFC-ND-SI”) has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). The initial share-sale comprises fresh issuance of equity shares worth Rs 750 crore and an Offer for Sale (OFS) of Rs 450 crore. The company had refiled preliminary IPO papers with Sebi in March 2023. ...
SBFC Finance gets Sebi nod for Rs 1200 cr IPO
SBFC Finance gets Sebi nod for Rs 1200 cr IPO
Source: PR Agency
27/06/2023 2:36:19 PM
Zee Entertainment stock price jumps 5% after Sony Pictures` statement Zee Entertainment stock price jumped 5 per cent on Wednesday after a statement by Sony Pictures Entertainment headquarters on the proposed merger. While the statement seems to be ambiguous, markets have given a thumbs up to Zee Entertainment. A statement by Sony Pictures Entertainment (SPE) Headquarters in Culver City said: "There have been several erroneous press reports recently speculating about the future of ZEE's planned merger with SPNI following SEBI's interim order ...
Zee Entertainment stock price jumps 5% after Sony Pictures` statement
Zee Entertainment stock price jumps 5% after Sony Pictures` statement
Source: IANS
21/06/2023 2:42:35 PM
Mukka Proteins refiles DRHP with SEBI Mukka Proteins has re-filed draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The company had earlier filed its draft papers with the regulator in March 2022. However, the company shelved its IPO plans that time and withdrew its draft papers. The IPO size could be anywhere between Rs 175 crore and Rs 200 crore. Proceeds to the tune of Rs 120 crore will be used towards working capital requirements, up to Rs 10 crore...
Mukka Proteins refiles DRHP with SEBI
Mukka Proteins refiles DRHP with SEBI
Source: Accord Fintech
19/06/2023 3:59:27 PM
Mukka Proteins Limited refiles IPO papers with Sebi Mangaluru-based Mukka Proteins, manufactures fish meal, fish oil and fish soluble paste, an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food) has refiled its draft red herring prospectus (DRHP) with the markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). It had earlier filed its draft papers with the regulator in Mar...
Mukka Proteins Limited refiles IPO papers with Sebi
Mukka Proteins Limited refiles IPO papers with Sebi
Source: PR Agency
19/06/2023 11:15:22 AM
Chairman Emeritus and MD of large listed company diverted public money: SEBI reply to SAT in Zee matter The Securities and Exchange Board of India (SEBI) in its reply in the matter of Zee Enterprises to Securities and Appellate Tribunal (SAT) has pointed out that Chairman Emeritus Subhash Chandra and Managing Director and CEO Punit Goenka of this large listed company have diverted public money to private entities. "In the instant case, we have a situation before us where the Chairman Emeritus and the Managing Director and CEO of this large listed company are involved in a myriad of diff...
Chairman Emeritus and MD of large listed company diverted public money: SEBI reply to SAT in Zee matter
Chairman Emeritus and MD of large listed company diverted public money: SEBI reply to SAT in Zee matter
Source: IANS
18/06/2023 4:10:47 PM
SEBI bans Subhash Chandra, Punit Goenka from holding position of director or key personnel till further orders Markets regulator SEBI has banned Essel Groups Subhash Chandra and Zee Entertainment CEO Punit Goenka from holding position of a director or a key managerial personnel in any listed company or its subsidiaries until further orders on alleged siphoning off funds from Zee Entertainment. SEBI in its order said, "It is apparent that the issuance of LoC to Yes Bank by Mr. Subhash Chandra in support of Associate Entities, the default by associate entities leading to appropriation of ZEEL...
SEBI bans Subhash Chandra, Punit Goenka from holding position of director or key personnel till further orders
SEBI bans Subhash Chandra, Punit Goenka from holding position of director or key personnel till further orders
Source: IANS
13/06/2023 10:33:31 AM
Valiant Laboratories files DRHP with SEBI Valiant Laboratories has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO is an entirely fresh issuance of 1.15 crore equity shares with no offer-for-sale (OFS) component. Proceeds of the issue will be utilised to set-up a manufacturing facility for speciality chemicals in Gujarat through its subsidiary -- Valiant Advanced Sciences (VASPL) and to meet working ca...
Valiant Laboratories files DRHP with SEBI
Valiant Laboratories files DRHP with SEBI
Source: Accord Fintech
9/06/2023 12:52:16 PM
Edelweiss AMC announces revision in risk-o-meter Edelweiss Asset Management (AMC) has addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of Edelweiss Mutual Fund,   Edelweiss Mutual Fund (MF) informed that ‘pursuant to SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020 and its notice dated January 8, 2021 on Product Labeling in Mutual Fund Schemes, Risk–o–meters of ‘Edelweiss Equity Savings Fund’ Scheme of Edelweiss Mutual Fund (the ...
Edelweiss AMC announces revision in risk-o-meter
Edelweiss AMC announces revision in risk-o-meter
Source: IANS
7/06/2023 3:50:13 PM
SBI AMC announces change in risk-o-meter SBI Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of SBI Mutual Fund as amended from time to time.   SBI mutual Fund Mutual Fund informed that in terms of SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, Risk-o-meter of the below mentioned Schemes of SBI Mutual Fund stands revised as under, based on evaluation of risk levels of ...
SBI AMC announces change in risk-o-meter
SBI AMC announces change in risk-o-meter
Source: Accord Fintech
7/06/2023 12:26:06 PM
Karvy Stock Broking pledged securities of clients, diverted funds to group companies  Market regulator, the Securities and Exchange Board of India (SEBI) has cancelled the Certificate of Registration of Karvy Stock Broking (KSBL). SEBI had received a preliminary report dated November 22, 2019, from NSE, containing its observations of the inspection of KSBL. It was observed in the NSE-IR that KSBL was raising funds by pledging client securities and diverting the funds raised to related entities. The SEBI order said that a sample fund trail exercise was undertaken...
Karvy Stock Broking pledged securities of clients, diverted funds to group companies
Karvy Stock Broking pledged securities of clients, diverted funds to group companies
Source: IANS
1/06/2023 2:22:53 PM
Aditya Birla Sun Life AMC announces appointment of additional director Aditya Birla Sun Life AMC has announced that Supratim Bandyopadhyay (DIN: 03558215) will be appointed as an Additional Director (Non-Executive Independent) on the Board of Aditya Birla Sun Life AMC with effective from Thursday, June 1, 2023.  Supratim Bandyopadhyay is the former Chairman of Pension Fund Regulatory Development Authority of India (PFRDA) where he also previously worked as a Whole Time Member (Finance). Prior to that, Bandyopadhyay served around three and half decades at...
Aditya Birla Sun Life AMC announces appointment of additional director
Aditya Birla Sun Life AMC announces appointment of additional director
Source: Accord Fintech
1/06/2023 2:10:22 PM
Quote on SEBIs consultation paper disclosure by FPI from Vinod Nair, Geojit Financial Services Below Quote on Quote SEBIs consultation paper disclosure by FPI from Vinod Nair, Head of Research at Geojit Financial Services. The framework is an extension of the ongoing SEBI FPI regulation, aiming to identify the source of income and control the flow of foreign investment in accordance with FATF (Financial Action Task Force) guidelines. We believe that it will not significantly impact the trend of FII inflows as legitimate qualified foreign investors like sovereigns to pensio...
Quote on SEBIs consultation paper disclosure by FPI from Vinod Nair, Geojit Financial Services
Quote on SEBIs consultation paper disclosure by FPI from Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
31/05/2023 6:07:49 PM
Indian market regulator aims for more disclosures by offshore funds India's market regulator is canvassing opinion on plans to strengthen disclosure requirements for a set of "high-risk" offshore funds investing in the local markets, it said on Wednesday. The move, which could help unravel opaque structures through which some offshore funds invest in Indian listed companies, follows the regulators' investigation of suspected violations by the Adani group of companies, including the flagship company Adani Enterprises. The investigations ha...
Indian market regulator aims for more disclosures by offshore funds
Indian market regulator aims for more disclosures by offshore funds
Source: Reuters
31/05/2023 12:39:08 PM