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TREND | 17 May 2025, 08:34PM

Sebi resolves 4,239 investor complaints via SCORES platform in April

Business Standard

Capital markets regulator Sebi disposed of 4,239 complaints through grievance redressal mechanism SCORES platform in April. The markets watchdog received 4,341 fresh complaints in the month and a total of 4,263 complaints remained unresolved at the end of April, slightly higher than the 4,161 complaints that were pending as of March 31, according to a public notice by the Securities and Exchange Board of India (Sebi). The regulator also highlighted that the average resolution time taken by the entities to submit the Action Taken Reports (ATR) in April was eight days, while the average time taken for complaints under First Level Review was four days, it added. SCORES, or Sebi Complaint Redressal System, is an online platform which facilitates investors in lodging and tracking complaints against listed companies and registered intermediaries. Under the upgraded SCORES 2.0 framework, complaints are automatically forwarded to the entities, which are given 21 days to submit an ATR to th

SEBI disposes of over 4,200 complaints in April via SCORES

Business Line | 17 May 2025, 08:09PM 1 more

India Policy and Reforms

TREND | 16 May 2025, 07:11PM

Sebi urges Karvy investors to file claims before June 2 deadline approaches

Business Standard

Markets regulator Sebi on Friday asked investors of defaulted broker Karvy Stock Broking Ltd (KSBL) to file their claims, as the deadline of June 2 is approaching. KSBL was declared a defaulter by the National Stock Exchange (NSE) on November 23, 2020. Following this, investors were invited to submit claims against the defaulting broker, with the final date for submission set as June 2, 2025. Highlighting the urgency, Sebi, in its statement, said, "As the deadline for submitting investors' claims against default broker Karvy Stock Broking Ltd is approaching shortly, investors are advised to take note of the above deadline and are urged to file their claims before the deadline, if not lodged already." For assistance, investors can reach out to NSE by calling its toll-free number 1800 266 0050 (select IVR option 5) or by emailing at defaultisc@nse.co.in, it added. In April 2023, Sebi barred KSBL and its CMD C Parthasarathy from the securities market for seven years and also imposed a

India Policy and Reforms

TREND | 16 May 2025, 10:44AM

Jindal Family Trust to sell 1,200 cr JSW Infra stake to meet Sebi norms

Business Standard

Sajjan Jindal Family Trust to offload up to 1200 crore in JSW Infra shares via block deal to comply with Sebi's minimum 25 per cent public shareholding regulations

India Policy and Reforms

TREND | 16 May 2025, 06:09AM

SEBI Introduces Expected Loss-Based Ratings Scale For Municipal Bonds

NDTV Profit

The EL-based rating framework is a combination of the probability of default and the loss-given default

SEBI Bans SME Firm Varyaa Creations From Securities Market Over IPO Proceeds Diversion

NDTV Profit | 16 May 2025, 06:08AM 2 more

India Policy and Reforms

TREND | 15 May 2025

Gensol Engineering hit 5% upper circuit for third day in row; Details here

Business Standard

In April, the Securities and Exchange Board of India (SEBI) issued an interim order against Anmol Singh Jaggi and Puneet Singh Jaggi over alleged fund diversion and fraudulent practices

Gensol Engineering shares hit 5% upper circuit for 3rd day. Here's why

Economic Times | 15 May 2025 8 more

India Policy and Reforms

TREND | 14 May 2025

Securities Appellate Tribunal Allows Gensol Engineering To Respond To SEBI's Interim Order

NDTV Profit

In a regulatory filing, the company said the appeal filed by it before the SAT has been disposed of, granting it an opportunity to file its response to SEBI's interim order within two weeks.

India Policy and Reforms

TREND | 14 May 2025

Gameskraft to pause Pocket52 poker operations from May 30 for review

Business Standard

Gameskraft will suspend its online poker platform Pocket52 from May 30, citing a need to reassess long-term strategy, amid industry pressure from the 28% GST regime

India Policy and Reforms

TREND | 14 May 2025

Sebi updates investor charter for RTAs to enhance protection, literacy

Business Standard

To strengthen investor protection and promote financial inclusion and literacy, especially with new developments like the Online Dispute Resolution (ODR) platform and SCORES 2.0, markets regulator Sebi on Wednesday updated the Investor Charter for RTAs. Under this, all RTAs (Registrars to an Issue and Share Transfer Agent) are required to share the updated Investor Charter on their websites and via email to existing and new shareholders. Also, they need to display the charter prominently at their offices. Further, the Registrar Association of India (RAIN) are required to publish the Investor Charter on its website. The investor charter provides details about the activities of registrars to an issue and share transfer agents (RTAs). Additionally, these investor charters should outline the Dos and Don'ts for investors engaging with RTAs. The investor charter for RTAs outlines services such as KYC updates, transmission of shares, dividend processing, and corporate actions like ESOPs

Groww Invest Tech pays Rs 47.85L to Sebi, settles regulatory lapses case

Business Standard | 14 May 2025 2 more

India Policy and Reforms

TREND | 14 May 2025

Why arecanut sector wants GST reduction for copper sulphate

Business Line

The chemical attracts 18% GST as it is classified as an industrial produce Copper sulphate used in the Bordeaux mixture is categorised as an industrial product instead of a fertilizer. As a result, it is taxed at 18 percent GST, whereas fertilizers attract a lower tax rate of 5 percent.

India Policy and Reforms

TREND | 13 May 2025

SEBI Mulls Relaxation In Regulatory Compliance For FPIs Investing Only In Government Bonds

NDTV Profit

SEBI suggested that certain compliance requirements like investor group disclosure and investment caps will not apply to IGB-FPIs