Sebi defers implementation of amended norms for royalty payment
5 years, 9 months ago

Sebi defers implementation of amended norms for royalty payment

Live Mint  

Regulator Sebi on Wednesday deferred implementation of revised norms pertaining to royalty payment by listed companies to related parties by three months. Following the decision taken at the Sebi's board meeting here, the implementation of a provision of the amended norms would has been deferred till June 30, 2019. Shareholders' approval would be needed for making royalty or brand payments to related parties exceeding 2% of the particular listed entity's consolidated turnover. As per the revised norms, payments made to related parties towards brand usage or royalty are to be considered material if the transaction is more than two per cent of the listed entity's annual consolidated turnover during a financial year.

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History of this topic

Sebi proposes revisions to custodian regulations
2 months ago

Sebi proposes revisions to custodian regulations

Live Mint  

The Securities and Exchange Board of India has issued a consultation paper seeking feedback on proposed updates to the Sebi Regulations, which govern the operations of custodians in the Indian securities market. Given the importance of custodians in ensuring smooth market operations, especially for institutional investors, the consultation paper proposes several changes to enhance regulatory oversight and operational resilience. Sebi …

SEBI pushes for ease of doing business, approves relaxations for FPIs, AIFs, fund-raising entities
9 months, 4 weeks ago

SEBI pushes for ease of doing business, approves relaxations for FPIs, AIFs, fund-raising entities

India TV News  

Business news: Regulator Securities and Exchange Board of India on Friday approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. "Verifiable compliance with such due-diligence requirements would provide the regulatory comfort necessary for the …

Sebi extends timeline for verification of market rumours by listed entities
1 year, 3 months ago

Sebi extends timeline for verification of market rumours by listed entities

Live Mint  

The Securities and Exchange Board of India has extended the timeline for verification of market rumours by listed entities. “It has been decided to extend the effective date of implementation of the proviso to regulation 30 of the LODR Regulations for top 100 listed entities by market capitalization, to February 1, 2024 and for top 250 listed entities by market …

SEBI (Settlement Proceedings) Amendment Regulations, 2023 | SEBI Empowers Panel Of Whole Time Members For Settlement Proceedings
1 year, 5 months ago

SEBI (Settlement Proceedings) Amendment Regulations, 2023 | SEBI Empowers Panel Of Whole Time Members For Settlement Proceedings

Live Law  

In a significant development, the Securities and Exchange Board of India has introduced an amendment to the Securities and Exchange Board of India Regulations, 2018, via the Securities and Exchange Board of India Regulations, 2023. The Securities and Exchange Board of India has exercised its powers under Section 15JB of the Securities and Exchange Board of India Act, 1992, Section …

SEBI Amends Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2018
1 year, 5 months ago

SEBI Amends Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2018

Live Law  

Securities and Exchange Board of India has issued a notification on July 24, 2023, introducing amendments to the Securities Contracts Regulations, 2018. The newly introduced regulations, titled the "Securities Contracts Regulations, 2023," have been formulated by SEBI in exercise of the powers conferred by sections 4, 8A, and 31 of the Securities Contracts Act, 1956, read with sections 11 and …

SEBI Introduces Alternate Dispute Resolution Amendment Regulations 2023
1 year, 6 months ago

SEBI Introduces Alternate Dispute Resolution Amendment Regulations 2023

Live Law  

The Securities and Exchange Board of India issued a notification on July 3, 2023, introducing amendments to the Alternative Dispute Resolution Mechanism Regulations. Amendments to the Securities and Exchange Board of India Regulations, 1996: A new regulation, 17A, is inserted, stating that all claims, differences, or disputes between a custodian and its client shall be submitted to a dispute resolution …

Sebi holds ‘fit and proper’ rule
1 year, 6 months ago

Sebi holds ‘fit and proper’ rule

Live Mint  

Mumbai: The Securities and Exchange Board of India, which set forth the ‘fit and proper’ person criteria for intermediaries, said in a statement before Bombay High Court on Thursday that it will not insist on compliance with notice until 2 August. A division bench led by Justices Gautam Patel and Neela Gokhale asked Sebi to file its affidavit in reply …

Sebi amends regulations; provides more relaxation for companies to raise funds
4 years, 6 months ago

Sebi amends regulations; provides more relaxation for companies to raise funds

India TV News  

Markets watchdog Sebi has amended regulations to provide more leeway for companies to raise funds, including reducing the time gap between two qualified institutional placements to two weeks, amid the coronavirus pandemic. This is especially important as companies are finding it difficult to access alternate methods of funding such as debt financing or access equity funding from third party investors," …

SEBI tightens disclosure norms on loan defaults, reduces time for rights issue to bolster capital markets
5 years, 1 month ago

SEBI tightens disclosure norms on loan defaults, reduces time for rights issue to bolster capital markets

Firstpost  

Sebi has made it compulsory for the top 1,000 listed companies to prepare annual business responsibility reports covering their activities related to environment and stakeholder relationships Mumbai: In significant steps to bolster capital markets, Sebi on 20 November decided to put in place stricter disclosure norms for loan defaults, ease time taken for rights issue to 31 days and hike …

Sebi provides new format for compliance report on corporate governance
5 years, 5 months ago

Sebi provides new format for compliance report on corporate governance

India TV News  

Markets regulator Sebi Tuesday came out with a new format for compliance report on corporate governance to be submitted by listed companies to stock exchanges. In a circular, the regulator prescribed a new format for disclosures to be made on a quarterly basis, the annual basis for the whole of financial year and within six months from the end of …

Sebi’s plan to restrict royalty payments to 2% runs into hurdles
5 years, 8 months ago

Sebi’s plan to restrict royalty payments to 2% runs into hurdles

Live Mint  

Mumbai: Based on the recommendations of the Kotak panel, the Securities and Exchange Board of India had decided to restrict royalty payments to 2%. A lowdown on what is amiss in Sebi's plans: Contrary to Kotak committee's recommendations The governance panel had proposed seeking shareholder approval for royalty payment of more than 5% of the consolidated turnover of a listed …

Sebi plans amending norms pertaining to corporate debt rejig
5 years, 10 months ago

Sebi plans amending norms pertaining to corporate debt rejig

Live Mint  

Regulator Sebi plans to put in place a stricter framework for providing exemption from open offer requirements with respect to corporate debt restructuring activities, a senior official said. The open offer exemptions under Issue of Capital and Disclosure Requirements regulations as well as under takeover norms could be continued for allotment of shares to lenders pursuant to debt conversion in …

SEBI revises share buyback norms; provides clarity on public announcement
6 years, 3 months ago

SEBI revises share buyback norms; provides clarity on public announcement

Firstpost  

Markets regulator SEBI has revised the regulations for share buyback to provide more clarity on the requirement to make public announcements. New Delhi: Markets regulator SEBI has revised the regulations for share buyback to provide more clarity on the requirement to make public announcements. In a notification issued on 11 September, Securities and Exchange Board of India said, definition of …

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