Securities Appellate Tribunal

Securities Appellate Tribunal allows PNB Housing Finance to withdraw its plea against SEBI

The Tribunal in an order passed on 16 November, allowed the housing finance company to withdraw the petition, PNB Housing Finance informed the exchanges.

published on : 18th November 2021

Securities Appellate Tribunal quashes Sebi ban on Yashovardhan Birla, others from securities market

The regulator, in its order, said that the company made misstatements in the prospectus in respect of the objects of the IPO.

published on : 30th August 2021

PNB Housing Finance plans Rs 35,000 crore debt capital as Carlyle deal hangs fire

PNB Housing Finance said in a regulatory filing on Wednesday that the company will seek shareholders' nod in its AGM on September 3, 2021.

published on : 11th August 2021

PNB Housing Finance-Carlyle deal in limbo as SAT delivers split verdict

Sebi ought to stop the voting at the EGM, saying it was necessary for shareholders to get the correct valuation at which investors led by the Carlyle Group would acquire shares and management control.

published on : 10th August 2021

LIC Housing waiting for bourses response on Rs 2,334 crore preferential issue

BSE and NSE sought clarifications on why the valuation report of a registered value had not been considered while determining the price of such shares on allotment to LIC.

published on : 1st August 2021

LIC Housing Finance approaches SAT to settle issue on preference shares with stock exchanges

LIC Housing Finance told BSE and NSE that it was in compliance with relevant provisions under AOA for deciding the issue price.

published on : 20th July 2021

Sebi moves SC against SAT order on Franklin Templeton's new debt schemes

SAT had asked Franklin Templeton to deposit Rs 250 crore in an escrow account instead of Rs 512 crore as directed by Sebi.

published on : 15th July 2021

Carlyle deal: PNB Housing Finance holds extraordinary general meeting

When contacted, the company said it will inform about the outcome of the meeting through stock exchange filings.

published on : 23rd June 2021

Securities Appellate Tribunal​ upholds SEBI's fines on Rana Kapoor, two other entities

SEBI, in September 2020, had imposed a fine of Rs 1 crore on Kapoor for not making disclosures regarding the Morgan Credits transaction.

published on : 22nd June 2021

Carlyle deal: SAT sets aside Sebi direction; allows PNB Housing Finance to hold EGM on Tuesday

However, results of the shareholders' voting will not be disclosed till further directions from the tribunal.

published on : 21st June 2021

SAT reduces Sebi's penalty on CARE Ratings to Rs 10 lakh in Reliance Communications case

The tribunal has affirmed the regulator's order with regard to the violation by CARE Ratings under the provisions of the Sebi Act and the CRA (Credit Rating Agency) rule.

published on : 15th June 2021

Franklin Templeton disagrees with Sebi order; to move SAT

Sebi, on Monday, barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms.

published on : 8th June 2021