SEBI Postpones Implementing Intraday Borrowing Norms For Mutual Funds To 15 July Amid AMC Challenges

Today, the Securities and Exchange Board of India (SEBI) deferred the implementation of guidelines on intraday borrowing by mutual funds to 15 July 2026, citing operational challenges faced by asset management companies. The circular, issued as an addendum to SEBI's earlier circular dated 13 March 2026 on borrowing by mutual funds, noted that intraday borrowing norms were specified under clause 5.9.1 of the Master Circular. To address operational difficulties raised by AMCs, SEBI has postponed...

SEBI Proposes Introduction Of Gift Cards For Mutual Fund Subscriptions To Boost Investor Participation

The Securities and Exchange Board of India (SEBI) has proposed allowing Gift Card and Gift Prepaid Payment Instruments (PPIs) to be used for subscribing to mutual fund units. In a consultation paper dated 23 March 2026, it stated that “Gift Card/ Gift PPI is expected to improve financial inclusion through onboarding of new investors in the mutual fund space.” SEBI explained that a purchaser can gift a Gift Card or Gift PPI to a recipient, who can then use it to subscribe to mutual fund units....

SEBI Board Approves Key Reforms For AIFs, Reduces Social Impact Fund Investment Threshold To ₹1000

In a recent press release, the Securities and Exchange Board of India (SEBI) stated that in a meeting held on 23 March 2026, its Board approved multiple measures to enhance ease of doing business, strengthen regulatory frameworks, and improve governance. The Board approved proposals to amend the SEBI (Alternative Investment Funds) Regulations, 2012 to allow alternative investment funds (AIFs) to retain liquidation proceeds beyond the completion of their tenure. It permits tagging certain AIFs...

SEBI Relaxes Reporting Norms For Stock Brokers, Removes Requirement To Report Demat Accounts

The Securities and Exchange Board of India (SEBI) on Monday issued a circular introducing ease of doing business measures by relaxing reporting requirements for stock brokers, including doing away with the requirement for brokers to report their own demat accounts to stock exchanges The circular amends provisions relating to enhanced supervision of stock brokers and depository participants under para 15 of the Master Circular for Stock Brokers dated June 17, 2025. Under the existing framework,...

SEBI Amends ICDR Regulations, Revises Disclosure Requirements For Abridged Prospectus

The Securities and Exchange Board of India (SEBI) has amended the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, by notifying the SEBI (ICDR) (Amendment) Regulations, 2026, on 16 March.Under the amended regulations, a draft abridged prospectus must be submitted along with the offer documents and filed with SEBI and the stock exchanges. The abridged prospectus is required to be made available on the websites of the issuer, SEBI, stock exchanges, and lead managers, and must...

SEBI Allows Processing Of Vishvaraj Environment IPO Documents After RBI Regularises Violations

The Securities and Exchange Board of India (SEBI) on Friday disposed of proceedings initiated in relation to the proposed Initial Public Offering (IPO) of Vishvaraj Environment Limited, observing that the regulatory violations flagged by the Reserve Bank of India had been subsequently regularized.SEBI's Whole Time Member Kamlesh Chandra Varshney passed the order.“The department is advised to process the offer documents in regular course and carry out their due diligence as done in any other...

JP Morgan Chase Bank Settles SEBI Proceedings Over FPI Regulation Violations For ₹34.42 Lakh

US-based banking major J.P. Morgan Chase Bank on Friday settled proceedings that may be initiated with the Securities and Exchange Board of India in relation to alleged violations of Foreign Portfolio Investor (FPI) regulations upon payment of Rs 34.42 lakh as a settlement amount.The order was passed by Whole Time Members Kamlesh Chandra Varshney and Amarjeet Singh in exercise of powers under the SEBI Settlement Regulations.JP Morgan Chase Bank had filed a suo motu settlement application under...

SEBI Penalises 18 Entities ₹2.8 Crore For Manipulating RGRL Scrip Through Telegram Stock Tips

The Securities and Exchange Board of India has imposed penalties totalling Rs 2.8 crore on 18 noticees in the matter of Retro Green Revolution Limited (RGRL), in proceedings involving 21 noticees accused of manipulating the company's shares through Telegram stock tips and synchronized trading. SEBI also barred eight noticees from accessing the securities market and ordered disgorgement of Rs 2.94 crore with interest from two noticees linked to the Choksi group, who were found to be the ultimate...

SEBI Proposes To Simplify Nomination Rules For Demat, Mutual Funds; Suggests Cutting Nominee Limit To 4

The Securities and Exchange Board of India (SEBI) has recently issued a consultation paper proposing to simplify nomination norms for demat accounts and mutual fund folios after operational difficulties were reported in implementing its January 10, 2025 circular that had revamped the nomination framework. In the January circular, SEBI had made nomination mandatory for single holders, allowed up to ten nominees, required detailed nominee information, and introduced a facility enabling a nominee...

Standard Chartered Bank Settles SEBI Proceedings, Pays ₹57.20 Lakh Over FPI Lapses

Standard Chartered Bank has settled adjudication proceedings with SEBI after paying Rs 57.20 lakh to resolve alleged lapses as a Designated Depository Participant relating to Foreign Portfolio Investors (FPIs).SEBI's Adjudicating Officer Sudeep Mishra passed the settlement order, disposing of the proceedings in terms of SEBI Act, 1992 and SEBI (Settlement Proceedings) Regulations, 2018.SEBI alleged that the bank failed to timely report material changes relating to beneficial ownership of FPIs,...

SEBI Revises Core Settlement Guarantee Fund Coverage Norms For Commodity Derivatives Segment

The Securities and Exchange Board of India (SEBI) on Monday issued a circular revising the norms related to Core Settlement Guarantee Fund (Core SGF) in the commodity derivatives segment.Under the revised framework, clearing corporations must calculate credit exposure assuming the simultaneous default of at least three clearing members (and their associates) causing the highest credit exposure. Earlier, the framework required credit exposure assuming simultaneous default of at least 2 clearing...

Dr Sadanand Date Takes Charge As SEBI Executive Director, Will Oversee Investigations Department

Dr. Sadanand Date, a 2007-batch IPS officer of the Uttarakhand cadre, took charge as Executive Director of the Securities and Exchange Board of India (SEBI) in Mumbai on March 4, 2026, and will oversee the investigations department, the regulator said in a press release dated March 13. Date was earlier on central deputation to the Central Bureau of Investigation (CBI), where he served in various capacities, including as SP ACB/BSFC, and headed the Economic Offences Branch, Special Crime Branch,...