SEBI to overhaul SME IPO framework
SEBI has suggested setting the face value of IPO shares at ₹10 per share and limiting the offer-for-sale (OFS) component to 20-25% of the total issue size.
SEBI has suggested setting the face value of IPO shares at ₹10 per share and limiting the offer-for-sale (OFS) component to 20-25% of the total issue size.
One out of 4 times, listed firms paid royalty exceeding 20% of profits; there were 185 instances of royalty payments worth ₹1,355 cr by 63 firms that made losses
The consultation paper, released on November 13, outlines amendments allowing SEBI to take action in case of lapses in AI/ML usage.
SEBI has introduced a Business Continuity Planning and Disaster Recovery framework, similar to standards for stock brokers, to protect institutional investors who represent significant trading volumes
The latest reforms aim to standardise this system across the market, aligning with the goal of providing investors more control and flexibility over their funds
UPSI refers to non-public information about a company or its securities that, when disclosed, could significantly impact their market price.
The consultation paper also covers eight key areas related to the interests of AMC employees and unit holders, focusing on easing compliance for AMC staff.
Embassy REIT announced CEO Maiya's resignation after SEBI issued a show-cause notice citing his disqualification following a 10-year audit ban. Maiya will now serve as Head of Strategy for the REIT
Effective immediately, this framework is designed to streamline overseas investments and provide greater clarity for investors.
The share price of Elcid Investments, which had been frozen at ₹3.53 apiece since June 21, 2024, touched a high of ₹2,36,250 after relisting on Oct 29.