The Securities and Exchange Board of India (Sebi) has asked all listed companies to disseminate the cumulative impact of all audit qualifications in a separate format.

This is to ensure the information is available to investors. An audit qualification is typically a statement written upon the front page of any check done by a professional auditor. The management of the listed entity will have the option to explain its views on the audit qualifications.

Mumbai: Market regulator Sebi on Thursday notified rules aimed at banning wilful defaulters from raising money from the markets. The rules will impact companies and individuals categorized as 'wilful defaulter' by the RBI. The entities who could be banned include promoters and directors of a company, as well as the company.

A recent order by the Securities Appellate Tribunal (SAT) has brought to the fore the issue of lack of uniformity in actions taken by the Securities and Exchange Board of India (SEBI) in similar offences by different market participants.

Hearing an appeal filed by Almondz Global Securities Ltd, the tribunal quashed the remaining punishment against the merchant banker after highlighting the fact that similar offences by other entities saw a much lenient penal action by SEBI officials.

The Primary Markets Advisory Committee (PMAC) of the Securities and Exchange Board of India (Sebi) is scheduled to meet on May 30 to discuss changes to the regulations relating to fund raising by start-ups.

Sources said changes that PMAC may approve, include decreasing the minimum lot size to Rs2.5 lakh from Rs10 lakh and reducing the minimum ticket size for participation in start-up initial public offerings (IPOs) to

The latest amendments to the holding structure of Infrastructure Investment Trusts (InvIts) is likely to make the instrument more lucrative for the sponsors of the infrastructure assets to be put under business trust.

Stock markets regulator SEBI on Thursday allowed mandatory sponsor holding in InvIT to be reduced to 10% from current requirement of 25%, subject to certain conditions. SEBI also increased the number of sponsors from 3 to 5.

The board of directors of market regulator Securities Exchange Board of India (Sebi) will meet today to discuss changes to the participatory notes (P-notes) framework. Ahead of the board meet Sebi chief U K Sinha gave sneak peek into what the market regulator might do today.

Speaking on the sidelines of the Asia Pacific Real Estate Association Summit, Sinha said, “SIT made some suggestion for us to make out some improvement in P-notes. We had our series of discussion and decision will be taken soon on this. Suggestion is there to get more information on P notes besides KYC norms which is already there in our present regulation.”

Markets regulator Sebi has ordered SPNJ Land Project and Developers India as well as its directors to refund the money raised from investors through illegal schemes in three months.

The company and its directors — Raj Kumar Banerjee, Dolly Banerjee and Mausami Banerjee — have also been barred from the capital markets for four years.

Amid concerns over companies refusing to share extra profit with investors, regulator Sebi has readied a new regulation mandating listed firms to put in place a 'dividend distribution policy'.

The new regulatory framework will be applicable to the top 500 listed companies based on their market valuation initially and would be later expanded to others.

Chennai: Market regulator Sebi has said that it will re-investigate insider trading charges against Murugappa Group executive chairman A Vellayan. The regulator had initiated a preliminary examination and charged Vellayan along with three others for insider trading in May last year.

Acting upon recommendations of the Special Investigation Team on black money, market watchdog Sebi plans to tighten due diligence requirements for issuance and transfer of controversy-ridden P-Notes and put the onus on investors to ensure compliance with anti-money laundering law.

While Sebi (Securities and Exchange Board of India) has been of the view that the regulations have already been strengthened to check any misuse of this route for money laundering like activities, it has decided to put in place additional safeguards as suggested by the SIT.

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