Indian Stock Market Daily Updates
The Bombay Stock Exchange (BSE) has issued new guidelines for small and medium enterprises (SMEs) seeking to migrate from the SME platform to the main board. The new guidelines, which will come into effect on January 1, 2024, are designed to make it more difficult for SMEs to list on the main board, in an … Read more
The Securities and Exchange Board of India (SEBI) is planning to introduce a regulatory framework for index providers. This framework is expected to improve the quality, transparency, and accountability of indices in India. What is an index? An index is a measure of a specific market or sector. It is used to track the performance … Read more
The Securities and Exchange Board of India (Sebi) has amended the rules for Alternative Investment Funds (AIFs), mandating that all fresh investments made by AIFs after September 2023 must be held in dematerialized form. This means that AIF units will now need to be held in electronic form, rather than in physical form. What is … Read more
The Securities and Exchange Board of India (Sebi) has reduced the minimum issue size for Social Stock Exchanges (SSEs) from Rs 1 crore to Rs 50 lakh. This is a significant move that is expected to make it easier for social enterprises to raise capital through SSEs. Social enterprises are organizations that use their profits … Read more
2. SEBI says more examination of data is required for delisting norms consideration 3. Will move to T+0 settlement by March, Instantaneous settlement can be implemented after one year 4. Progress on instantaneous settlement implementation going well 5. SEBI approves amendments for investor protection in AIFs 6. Any investment made by AIFs beyond September 2024 … Read more
The Securities and Exchange Board of India (SEBI) issued an administrative warning to Infosys on August 5, 2023 for delaying the submission of its Statement of Directors’ Responsibility (SDD) for the quarter ended March 31, 2023. The SDD is a statutory document that is required to be submitted by all listed companies to SEBI. The … Read more
The Securities and Exchange Board of India (SEBI) on Monday rejected the Securities Appellate Tribunal’s (SAT) interim relief to Subhash Chandra, the chairman of Essel Group, and Punit Goenka, the managing director and CEO of Zee Entertainment Enterprises Ltd (ZEEL). The SAT had on June 24 granted interim relief to Chandra and Goenka, barring them … Read more
The Securities and Exchange Board of India (SEBI) has proposed changes to the price bands for equity derivatives. The changes are aimed at curbing excessive price volatility in the market. Under the current rules, there are two types of price bands for equity derivatives: Dynamic price bands: These bands are based on the previous day’s … Read more
The Securities and Exchange Board of India (SEBI) has proposed to cut the listing time for initial public offerings (IPOs) from six days to three days. The move is aimed at making the IPO process more efficient and reducing the cost for companies. Under the current rules, companies have to wait for six days after … Read more