Follow Us:

Makarand M Joshi & Co., Company Secretaries - Mmjc

Latest Posts by Makarand M Joshi & Co., Company Secretaries - Mmjc

Trustee–Investment Manager Relationship in InvITs: An Agent Principal Perspective

February 3, 2026 279 Views 0 comment Print

Explains how delegation, supervision, and accountability under InvIT regulations align the trustee–IM relationship with classic principal–agent principles.

A Listing Without an IPO: Piramal Finance & Piramal Enterprises Merger

January 1, 2026 1116 Views 0 comment Print

The case shows how regulatory-driven restructuring can lead to stock-market listing without fresh capital raising. It highlights a compliant alternative to traditional IPOs.

Role of Unit Holders in InvITs: Learning from Shareholder Principles

December 18, 2025 321 Views 0 comment Print

Explains the role of unit holders in InvIT governance and how their rights closely resemble shareholder powers in companies.

SEBI’s LODR: 10 Years of Enhancing Market Integrity

December 17, 2025 438 Views 0 comment Print

A decade of LODR has transformed listing compliance through principles-based regulation and technology. The key takeaway is stronger transparency without dampening capital market growth.

SME IPO Rules 2025: SEBI’s New ₹1-Crore EBITDA Test Explained (ICDR)

December 7, 2025 903 Views 0 comment Print

SEBI now requires SMEs to show ₹1 crore EBITDA in two of the last three years before listing. The rule strengthens IPO quality and improves investor confidence.

Guardrails of Governance: Why INVITs Can’t Act Beyond Their Trust Deed

November 29, 2025 354 Views 0 comment Print

INVITs must operate strictly within their trust deed. Any investment or transaction outside its scope is void, with trustees liable for legal consequences.

SEBI’s Demat Mandate Expanded: What ICDR Amendment Means for IPO-Bound Companies

October 31, 2025 723 Views 0 comment Print

SEBI’s September 2025 ICDR amendment mandates demat holdings for promoters, KMPs, and senior management before an IPO. Learn the impact on cap tables and foreign employees.

Grey Market Premium vs. Offer Price: How ICDR Disclosures Shape Investor Sentiment

October 31, 2025 3069 Views 0 comment Print

Learn how mandatory disclosures under SEBI’s ICDR Regulations, including valuation basis and KPI standards, drive investor sentiment and impact an IPO’s Grey Market Premium (GMP).

SEBI InvIT Regulations 2025: Key Amendments with Remarks & Actionable

September 18, 2025 2049 Views 0 comment Print

SEBI’s new amendments to InvIT regulations aim to simplify business operations and increase investor participation, with key changes to reporting timelines and valuation disclosures.

Applicability of Corporate Governance Provisions to Non-Convertible Debt Listed Entities

August 14, 2025 663 Views 0 comment Print

SEBI has different corporate governance requirements for companies with listed debt securities. The rules vary based on whether equity is also listed and the value of the outstanding debt.

Search Post by Date
March 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031