Summary of SEBI’s informal guidance to Century Plyboards on insider trading rules, clarifying contra trade for gifts and share transactions, and defining designated persons in the promoter group.
Registrar of Companies penalizes Watai Electronics director ₹1,00,000 for violating Section 184(1) of the Companies Act, 2013. Learn about the order details here.
SEBI clarifies that CFSL, as a Debenture Trustee, may explore new business activities like retail loan marketing, with conditions on compliance and conflict of interest.
SEBI provides interpretive guidance on OneSource’s QIP eligibility under ICDR regulations, addressing the impact of transferor company listing requirements.
SEBI denies Glenmark Life Sciences’ request for no-action relief, stating contra trade restrictions apply to its proposed share sale for minimum public shareholding compliance.
SEBI provides informal guidance to CMS Info Systems on promoter disclosures and nominee shareholder roles under LODR and ICDR regulations.
SEBI clarifies Schedule II of Intermediaries Regulations, distinguishing applicability of fit and proper criteria for corporate entities vs. individuals under clause 3(b).
SEBI advises entities to seek approvals only via formal communication and follow the Informal Guidance Scheme for policy clarifications.
The Ministry of Agriculture announces revised guidelines for the AMI Sub-scheme of ISAM, effective from November 10, 2024, for new term loan projects.
Mumbai Customs’ advisory clarifies Customs Brokers’ liability in interpretative disputes, emphasizing evidence of wrongdoing for penalties.
