Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SEBI’s board approved comprehensive reforms across portfolio management, settlements, REITs, InvITs, FPIs, AIFs, and accredited investors, aiming to boost market depth and compliance efficiency.
SEBI has disposed of adjudication proceedings against five Adani Group companies for disclosure and corporate governance lapses, accepting settlements totalling over ₹1.5 crore without admission of guilt.
SEBI extends the Samuhik Prativedan Manch to Clearing Members, consolidating 14 compliance reports to reduce duplication starting September 30, 2026.
SEBI clarified that a person need not be 'connected' to a company to qualify as an insider if they possess or access Unpublished Price Sensitive Information (UPSI).
SEBI has streamlined the nomination process for demat accounts and mutual fund folios by introducing default nominations, opt-out options, and reduced documentation requirements.
SEBI proposes changes to base prices and dummy bands in pre-open auctions for IPOs and re-listed securities to enhance price discovery and reduce market distortions.
RBI releases indicative issuance calendar for Government of India dated securities, including Sovereign Green Bonds, for H2 FY2026-27.
The Draft Red Herring Prospectus (DRHP) is central to IPO compliance, detailing risks, financials, and management plans, with auditors certifying financial statements.
SEBI examines whether an InvIT's Investment Manager, through director appointment powers, becomes a holding company of SPVs, triggering consolidation and disclosure requirements.
SEBI SAST regulations require open offers upon acquisition of 25% voting rights, creeping acquisition beyond 5%, or change in control, with strict pricing and disclosure norms.
SEBI extends unified reporting platform SPM to clearing members, consolidating 14 reports from September 30, 2026, to eliminate duplication and streamline compliance.
SEBI proposes to refine base price and dummy band mechanisms in pre-open sessions for IPOs and relisted stocks to improve price discovery and reduce manipulation risks.