New Delhi: Markets regulator Sebi on Tuesday came out with revised formats for filing financial information by entities that have listed their non-convertible securities on stock exchanges. In September, the regulator had notified corporate governance rules for listed entities which have listed their debt securities. It had mandated that such entities should disclose financial results on a quarterly basis, including assets and liabilities, and cash flows. Now, Sebi has come out with formats for reporting […]

Capital markets regulator Sebi has put in place certification requirements for associated persons engaged by portfolio managers as distributors or employees having decision-making authority related to fund management. These persons need to obtain certification from the National Institute of Securities Markets (NISM), the regulator said in two separate notifications dated September 7. The associated persons, engaged by a portfolio manager as a distributor of the PMS, and associated persons functioning as principal officers of a […]

Markets regulator SEBI on Friday extended relaxations for companies with regard to compliance with procedural norms on rights issues opening till March 31, 2022. As per Issue of Capital and Disclosure Requirements norms, an application for a rights issue shall be made only through the ASBA facility. However, because of the COVID-19 pandemic and to ensure that all eligible shareholders can apply to rights issues during such times Sebi had in May 2020 said that […]

Markets regulator Sebi on Friday extended relaxations for companies with regard to compliance with procedural norms on rights issues opening till March 31, 2022. As per Issue of Capital and Disclosure Requirements norms, an application for a rights issue shall be made only through the ASBA facility. However, because of the COVID-19 pandemic and to ensure that all eligible shareholders can apply to rights issues during such times Sebi had in May 2020 said that […]

Markets regulator Sebi on Thursday extended the deadline for investment advisers to conduct the annual compliance audit for the financial year ended March 31. The timeline for compliance with the requirements has been extended by three months, Sebi said in a circular. For the financial year ending March 31, 2021, the investment advisers (IA) are now required to conduct the annual compliance audit by December 31, 2021, and submit the adverse findings of the audit, […]