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Securities / Derivatives
India: Small Cap Fund Investors Would Face Redemption Delays
By Ajoy K Das | 21/03/2024
Mutual fund stress tests reveal delays of up to 30 days in liquidating a quarter of a small-cap portfolio and up to 17 days in the case of a mid-cap portfolio.

Securities / Derivatives
SEBI to Require ‘Audio-Visual’ Disclosures With IPO Offer Documents
By Ajoy K Das | 21/03/2024
Audio-visual representations of disclosures made in IPO offer documents will help investors better understand the features of the offer, SEBI said.

Securities / Derivatives
SEBI Approves Proposal to Allow AIFs to Pledge Equity Shares
By Ajoy K Das | 20/03/2024
SEBI also approved a proposal to require AIFs to carry out specific due diligence of their investors and investments, to enhance trust in the AIF system.

Securities / Derivatives
SEBI Approves Rule Changes to Lower Burden on Listed Companies
By Ajoy K Das | 20/03/2024
Companies will no longer have to maintain a 1% security deposit for public or rights issues of equity shares. They will also have more time to fill KMP vacancies.

Securities / Derivatives
SEBI to Scale Back Launch of Optional T+0 Settlement Cycle
By Ajoy K Das | 18/03/2024
SEBI said the “beta version” of the optional T+0 settlement system has been approved by its board, but only for a “limited set of 25 scrips” and “with a limited set of brokers”.

Securities / Derivatives
SEBI Exempts Certain FPIs from Additional Disclosure Requirements
By Ajoy K Das | 16/03/2024
SEBI also approved two other proposals, one to relax the timelines for disclosures of material changes, and the other to allow FPIs to reactivate an expired registration.

Securities / Derivatives
India: Five PSBs Required to Dilute Government Stake by August
By Ajoy K Das | 15/03/2024
Out of 12 public sector banks, five have not yet complied with India’s minimum public float requirements, which is required by August 2024.

Securities / Derivatives
SEBI Flags Manipulation, Bubble Risks in SME Segment
By Ajoy K Das | 15/03/2024
SEBI is working to introduce more disclosures for SME listings and seeking stress test results from fund managers in the segment.

Securities / Derivatives
New Regulatory Framework for Index Providers Takes Effect in India
By Ajoy K Das | 14/03/2024
Index providers that administer significant indices consisting of India-listed securities for use in the Indian market have six months to register.

Securities / Derivatives
SEBI to Require More Stock Brokers to Meet Enhanced Obligations
By Ajoy K Das | 14/03/2024
SEBI is expanding the ‘Qualified Stock Brokers’ framework introduced last year to capture more brokers under “enhanced obligations”.
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