- Tag results for SEBI
Rationalising the total expense ratio (TER), the fee that mutual funds (MF) collect from investors every year to manage their money, Sebi said the new fee structure would come into force from April 1,
Public retail funds are insurance companies, pension funds and mutual funds or unit trusts that are open for retail subscriptions.
Sebi board relaxes norms for clubbing of investment limits for well-regulated foreign portfolio investors
Public retail funds typically include insurance companies, pension funds and mutual funds or unit trusts that are open for retail subscriptions.
Creation of segregated portfolios is a mechanism to separate distressed, illiquid and hard-to-value assets from other more liquid assets in a portfolio.
Sebi board also approved a proposal to expand the offer-for-sale mechanism for reduction of stake in listed companies.
Indiabulls promoter Sameer Gehlaut and five other promoter entities settled a Sebi probe into the alleged violation of 'takeover regulations' after paying Rs 48 lakh towards settlement fee.
The proposal will allow existing custodians to add commodities as an asset class and provide physical delivery of both securities and commodities.
Globally, capital markets have been quite volatile this year and are likely to remain so due to various factors, Tyagi added.
Appropriate alert mechanisms such as a comprehensive dashboard, tracking of key security metrics and provide cyber threat scorecards should be implemented, Sebi directed.
Sebi observed that warehousing or storage infrastructure and its ancillary services play a critical role in the delivery mechanism of the commodity derivatives markets.
Earlier, Indian companies have to list their shares through depository receipts abroad while foreign companies need to go through the Indian Depository Receipt route for listing of equities.
The last date has been extended after taking into consideration representations from shareholders as the initial deadline was to end on December 5.
The agency has slapped on them charges of cheating, forgery and violation of SEBI guidelines among others.
Xelpmoc Design obtained "observations" from the markets regulator on November 20, while Inventia Healthcare and Metropolis Healthcare received the same on November 22, latest update with Sebi showed.
Besides, the promoter would not be allowed to have any representation on the board of directors or act as a key managerial person in the listed entity.