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Latest Articles


Disgorgement vs. Penalties: SAT Ruling on Tax Adjustments in Alpesh Vasanji Furiya v. SEBI

SEBI : The SAT's ruling in Alpesh Vasanji Furiya v. SEBI is a significant clarification of the relationship between securities enforcem...

June 8, 2026 162 Views 0 comment Print

Gold on Paper, Nothing in the Vault: The Making of a ₹4 Lakh Crore Business That Didn’t Exist

SEBI : SEBI flagged alleged revenue misrepresentation, undisclosed fund transfers, and accounting irregularities, raising concerns over d...

June 7, 2026 2838 Views 0 comment Print

Can SEBI Regulate AI-Generated Investment Advice? The Next Big Compliance Challenge in India

SEBI : SEBI is increasingly focusing on AI-powered investment advisory and research platforms in India. The article explains why fintech ...

May 25, 2026 423 Views 0 comment Print

How to Determine Material Subsidiary Under SEBI LODR When Net Worth Is Negative

SEBI : Negative net worth creates major interpretational challenges under Regulation 16 of SEBI LODR Regulations. This article explains t...

May 20, 2026 372 Views 0 comment Print

SEBI LODR Website Disclosure Rules Every Listed Company Must Know

SEBI : This article explains mandatory website disclosure requirements under Regulations 46 and 62 of SEBI LODR Regulations, 2015. It hig...

May 20, 2026 1386 Views 0 comment Print


Latest News


SEBI Proposes Consolidated AMC Pay Disclosures to Balance Transparency & Privacy

SEBI : SEBI has proposed replacing name-wise executive remuneration disclosures with consolidated disclosures for AMCs. The move seeks to...

June 10, 2026 60 Views 0 comment Print

SEBI Proposes Review of Framework for Calculation of Net Distributable Cash Flows for InvITs

SEBI : Following representations from the Bharat InvITs Association, SEBI has proposed amendments to NDCF computation rules. The draft in...

June 1, 2026 1011 Views 0 comment Print

SEBI Proposes New Framework for strike prices of options contracts

SEBI : SEBI has proposed a framework for managing strike prices of options contracts to address issues arising from sharp intraday market...

May 25, 2026 381 Views 0 comment Print

SEBI Proposes New IPO & Re-listed Scrip Price Discovery Rules to Prevent Artificial Price Suppression

SEBI : SEBI has proposed major reforms to the Pre-open Call Auction mechanism after concerns over artificially suppressed prices in IPO a...

May 21, 2026 438 Views 0 comment Print

Household Savings through Indian Securities Market: SEBI Study

SEBI : SEBI revised the methodology for computing household savings through the securities market by incorporating actual granular data a...

May 21, 2026 342 Views 0 comment Print


Latest Judiciary


Large futures positions alone cannot establish Share Price manipulation/Fraud: SC

SEBI : The Supreme Court held that SEBI failed to establish fraud and market manipulation in RPL futures transactions. While disgorgement...

June 2, 2026 411 Views 0 comment Print

From Clean Chit to Crores in Penalty: SEBI Reopens Suzlon Case and Strikes Hard

SEBI : SEBI overturned an earlier order that had exonerated the company, holding that key transactions allegedly created a misleading pic...

June 1, 2026 888 Views 0 comment Print

Non-Refund of Investor Money is Continuing Offence, Small Amount Not a Defence: Calcutta HC

SEBI : The issue was whether failure to refund investor funds is time-barred. The Court held it is a continuing offence, rejecting the li...

April 10, 2026 363 Views 0 comment Print

SEBI directed to Accept Payment Despite One-Day Delay; Writ Petition Allowed

SEBI : Calcutta High Court directs SEBI to accept Priya Ranjan Sah's payment, citing a one-day delay as not warranting prolonged litigati...

August 8, 2025 453 Views 0 comment Print

SEBI provisions doesn’t mandate issuance of separate demand notice before recovery

SEBI : The adjudication is conducted as per the mechanism outlined under SEBI Act and the rules framed thereunder. Notably, the provision...

July 28, 2025 747 Views 0 comment Print


Latest Notifications


Prima Facie Revenue Misrepresentation by Rajesh Exports Limited: SEBI (Read Order)

SEBI : SEBIs investigation found that a substantial portion of reported consolidated revenues was unsupported by verifiable subsidiary re...

June 5, 2026 486 Views 0 comment Print

SEBI Issues New AIF Master Circular as Multiple Regulations Needed Consolidation

SEBI : SEBI has consolidated all AIF-related circulars issued up to May 31, 2026 into a single Master Circular. The key takeaway is a uni...

June 4, 2026 348 Views 0 comment Print

PPIRP Resolution Plans Cannot Avail SEBI Relaxations as They Fall Under Section 54L

SEBI : NSE has clarified that regulatory exemptions available for Section 31 IBC resolution plans do not extend to plans approved under S...

June 2, 2026 240 Views 0 comment Print

Cousin Can Be Independent Director as Cousins Are Not ‘Relatives’ Under LODR Rules

SEBI : SEBI clarified that a cousin does not fall within the statutory definition of a relative under the Companies Act and LODR Regulati...

June 2, 2026 2622 Views 0 comment Print

SEBI Modifies Norms for Nomination in Demat Accounts & Mutual Fund Folios

SEBI : SEBI modified nomination norms for demat accounts and mutual fund folios after receiving stakeholder feedback on implementation is...

May 29, 2026 609 Views 0 comment Print


Clarification on dealings between a client and a stock broker

March 31, 2010 753 Views 0 comment Print

This is with reference to SEBI circular No. MIRSD/SE/Cir-19/2009 dated December 3, 2009 in terms of which the stock brokers were directed to take necessary steps to implement the circular immediately and ensure its full compliance in respect of all clients – existing and new – latest by March 31, 2010.

Initial Public offer – Issues, Pricing and Capital Market

March 24, 2010 6993 Views 0 comment Print

Issue Price – Final Price at which Equity Shares are issued and allotted in terms of the Red Herring Prospectus. Issue Price is decided by the Company in consultation with the Book Running Lead Manager on the Pricing Date.

SEBI (Credit Rating Agencies)(Amendment) Regulations, 2010

March 19, 2010 637 Views 0 comment Print

In exercise of the powers conferred by section 30 read with section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, namely

Will rights issues be more favoured to QIPs in 2010?

March 19, 2010 495 Views 0 comment Print

Rights Issues (RIs) were out of favour with corporate India in 2009. Reason for such situation was due to depressed sentiments in the capital market. In 2008 ,companies raised Rs 29,786 Cr through RIs which reduced in 2009 to Rs 2,525 Cr . Reduction was to the extent of Rs 27,261 Cr over the previous year. Promoters prefer RI route to raise fund as it is a cheaper mode of obtaining fund from the market without disturbing the shareholding pattern.

QIP – Stock Exchange requirement & compliance by issuer

March 17, 2010 5618 Views 0 comment Print

Placement document is to be as per the requirements of Chapter VIII of ICDR with a disclaimer in bold capital letters that “the placement is meant only for QIBs on a private placement basis and is not an offer to the public or to any other class of investors.”

Master Circular on Oversight of Members (Stock Brokers/Trading Members/Clearing Members of any Segment of Stock Exchanges and Clearing Corporations)

March 17, 2010 918 Views 0 comment Print

This master circular consolidates and updates the requirements/obligations with regard to oversight of members (Inspection by Stock Exchanges/Clearing Corporations, Internal Audit and Default) prescribed by the following circulars:

Guideline for Public Issue of Insurance Companies likely in April 2010

March 16, 2010 447 Views 0 comment Print

The initial public offer guidelines for the insurance sector is likely to announced next month, the Insurance Regulatory & Development Authority (Irda) said on Monday. “The guidelines could take a month time and Sebi will take the final call,” Irda chairman J Harinarayan said.

Putting you out of business is not a penalty, says Supreme Court

March 16, 2010 1137 Views 0 comment Print

The Securities and Exchange Board of India (SEBI) has never been armed with stronger draconian powers over the fate of Indian citizens. A recent opinion of the Supreme Court has held SEBI to be a social welfare organisation, and its powers under Sections 11(4) and 11B of the SEBI Act, 1992 (the Act) as not being “penal” in nature. Consequently, SEBI can issue directions to any person using these powers, even in relation to matters that occurred when these powers did not exist in the Act.

More power to SEBI to monitor end use of IPO money

March 16, 2010 477 Views 0 comment Print

Market regulator Securities and Exchange Board of India (Sebi) could soon get more teeth to monitor the end-use of money raised through initial public offerings by companies. The ministry of corporate affairs (MCA), which currently performs this role through the registrar of companies, wants Sebi to be roped in for this task, since companies divert funds through complex mechanisms that require expert hands to track.

Sebi panel may raise open offer trigger to 25%

March 16, 2010 807 Views 0 comment Print

Sources said the Sebi committee was comprehensively reviewing open offers and may raise the open offer trigger to 25 per cent from 15 per cent now — the reason being that 26 per cent shareholding in India gives acquirers the power to block special resolutions for important decisions during shareholder meetings.

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