SEBI | Page 2

20 fund officials received an email from the capital markets regulator last week asking for suggestions on how to lighten the burden of compliance.

The proposed reduction in timelines for listing and trading of shares will reportedly benefit both issuers as well as investors

The market value of the total sale was not declared in the company's regulatory filing, but reports said that it could be worth around $120 million

The proceeds from the IPO will be used towards funding repayment or prepayment of loans taken from banks and financial institutions, estimated at INR 170 crore

These entities have also reportedly been asked to 'cease and desist' from engaging in any fraudulent, manipulative or unfair trade practice, including front-running

Sebi Chairperson Madhabi Puri Buch said that the regulator has decided to set up an independent, government - sponsored backstop fund for corporate debt market

The informant reward committee will give its recommendations to the competent authority on the matters pertaining to eligibility of informants for reward and determination of the amount of reward payable to informants

The provisions of Income-tax Act, 1961, make it mandatory for every person who has been allotted a Permanent Account Number (PAN) to intimate his/her Aadhaar Number to the prescribed authority so that the Aadhaar and PAN can be linked

The report stated that the Social Stock Exchange segment will provide new avenue for social enterprises to finance social initiatives, provide them visibility and bring in increased transparency in fund mobilisation and utilisation by social enterprises

Earlier, the regulator had reportedly given similar relaxations to listed companies till December 2022

According to the filing showed to Sebi, the firm's revenues in the first half (April-September) of FY23 grew 24% year-on-year to INR 2905 crore

The framework is to strengthen the transparency and accountability in governance and administration of the financial benchmark indices in the Indian securities market

The network, which is sector agnostic, will build the war chest over the coming months to invest across sectors in early-stage pre-Seed to Series A technology companies

The fund will reserve 50 per cent to make follow-on investments into top performing portfolio companies

As per the report, the aim is set out best practices for determining fair value AIF investments, especially in unlisted startups, real estate, infrastructure and the credit space

As per reports, to give this effect, the regulator has amended listing obligations and disclosure requirements (LODR) norms

The 20-member committee on review takeover regulations will be chaired by former Chief Justice of Punjab and Haryana High Court, Shiavax Jal Vazifdar

The settlement scheme shall commence on December 19, 2022, and end on January 19, 2023, (both days inclusive) or such other date as approved by the competent authority

As per reports, the framework will come into effect from 1st April 2023

The move comes after the increasing number of social media influencers on multiple social media platforms that advise and recommend trades without a license

The move comes at a time when the Competition Commission of India (CCI) imposed penalty on the hospitality and travel-tech firm for unfair business practices