The Securities and Exchange Board of India (SEBI) is actively developing a plan to implement same-day settlement of trades by March 2024, with an optional system for instantaneous settlement, as stated by SEBI chief Madhabi Puri. During a press conference in Mumbai following a SEBI Board Continue Reading
According to officials, 45 people and businesses have been prohibited by the Securities and Exchange Board of India (SEBI) from taking part in the stocks market, including well-known Bollywood actor Arshad Warsi and his wife Maria Goretti. The choice was made following an examination into claims that two companies, Sharpline Broadcast Ltd. and Sadhna Broadcast […]Continue Reading
Madhabi Puri Buch has been appointed as the Chairperson of SEBI. Madhabi Puri Buch is the first woman chairperson in the history of SEBI. Their appointment is for three years. Madhabi Puri Buch has been appointed as the current chairman Ajay Tyagi, whose term expires today. Despite some hints that Ajay Tyagi might be re-appointed, […]Continue Reading
In place of “promoter-driven” companies, Sebi plans to create the idea of “controlling shareholders-driven companies” to enable companies, particularly startups without promoters, to get listed on stock markets and access public financing. This was stated by Sebi Chairman Ajay Tyagi during a capital market summit conducted by industry body Ficci on Continue Reading
Acording to the SEBI guidelines, it is compulsory for the listed entities to declare their quarterly financial results. There is a prescribed format in which financial performance of the company is to be updated to the exchanges. Over the years, SEBI has made many improvisations in making it simple and inclusive. While it is a […]Continue Reading