Top firms face hurdles as a result of SEBI’s new ESG reporting standards
Top Indian companies are struggling to compile ESG-related data as mandated by SEBI. The non-financial data is scattered across various internal systems thus its aggregation and compilation pose a challenge.
SAT overturns SEBI’s punishment of NSE and former CEOs in the Co-location case
The Securities Appellate Tribunal (SAT) has overturned market regulator SEBI’s order of February 2021. The Securities and Exchange Board of India (SEBI) had imposed a penalty of Rs 1 Cr on the NSE and a separate penalty of Rs 25 lakh each on the exchange’s former chiefs Ravi Narain and Chitra Ra
Sebi establishes a regulatory framework for listed companies’ value chain ESG reporting
SEBI's recently released legal framework for listed firms regarding ESG (Environment, Social, and Governance) disclosures on supply chain and assurance would also include upstream and downstream partners.
Companies preparing to go public are advised to give up their director nominating rights
The Securities and Exchange Board of India (Sebi) has asked the companies seeking Initial Public Offerings (IPOs) to give up their director nominating rights.
SEBI to established a panel to review SCRA
The Securities Contract Regulation Act (SCRA), which has been in effect for 67 years, will be modified, according to plans by the Securities and Exchange Board of India (Sebi).
Promoters are required to reveal familial pacts: Sebi
Promoters will no longer be able to conduct such transactions legally after July 15 if they fail to declare to exchanges any family settlement agreements or other arrangements that affect the management control of listed firms.
SAT denies Subhash Chandra and Punit Goenka a temporary relief
The Securities Appellate Tribunal (SAT) declined Subhash Chandra and his son Punit Goenka any temporary relief in response to the Securities & Exchange Board of India (SEBI) judgment.
Sebi issues a notification to the NSE over alleged trading programme usage
The Securities and Exchange Board (SEBI) of India has asked the National Stock Exchange(NSE) to explain an accusation that certain high-frequency traders hacked its software to fire hundreds of orders without being detected, squeezing out other users from the system.
Sebi seeks investment information from AIF custodians
The Securities and Exchange Board of India (SEBI) ordered the custodians of AIFs on Monday to indicate, among other things, the names of investee firms, the quantum of each investment, the investable surpluses on that particular day of the investment, and if the investee company is an 'affiliate' of
FPIs may be given three months to reduce concentrated exposure
Foreign portfolio investors (FPIs) who want to avoid making additional public disclosures will probably be given a less lengthy deadline to reduce their interests than the capital market regulator had initially anticipated.