| Prohibition of Insider Trading 16-Aug-2011 | ||
|---|---|---|
| Time | Document | Match |
| Mar 16, 2009 | Allocation of investment limits to FIIs/sub-accounts to invest in Corporate Debt | 3550.00 7 ELARA CAPITAL PLC |
| Jun 26, 2009 | Order against M/s.Neelam Bhatia and Co., Member, Ludhiana Stock Exchange Limited | PR No.209/2009 Order against M/s. Neelam Bhatia & Co., Member, Ludhiana Stock Exchange Limited Dr. K. M. Abraham, Whole Time Member, SEBI vide order dated June 24, 2009, has warned M/s. Neelam Bhatia & Co., Member, Ludhiana Stock Exchange(LSE), for the deviations observed herein from the provisions of SEBI (Prohibition of Insider Trading) RegulationsSEBI (Stock Brokers and Sub-Brokers) Regulations, 1992 and the circulars which regulate its function as a registered intermediary of SEBI. The said stock broker has been further directed to strictly abide by laws, rules and regulations which govern dealings in the securities market. The full text of the order is available on the website: www.sebi.gov.in |
| Nov 19, 2009 | Cease and desist order against Dr. Nalamothu Venkata Krishna | Dr. K.M. Abraham, Whole Time Member, SEBI has passed a cease and desist order dated November 18, 2009 against Dr. Nalamothu Venkata Krishna for solicitation of insider information on his blog "stockmarketguide.in". SEBI had noticed an online offer made by Dr. Nalamothu Venkata Krishna in his blog "stockmarketguide.in" soliciting unpublished price sensitive insider information like those relating to stake sale, mergers, acquisitions or any significant news or events from the people who have access to insider information and promised to reward the person who parted with such insider information by sharing profits with them. Such a solicitation of insider information was observed to be in violation of SEBI (Prohibition of Insider Trading) Regulations, 1992. Dr. Krishna is directed to cease and desist from issuing or continuing to issue online offer soliciting unpublished price sensitive information, communicating directly or indirectly any inside information received, trading directly or indirectly on the basis of inside information received and recommending or counseling trading in scrips for which inside information is received. Investors are also cautioned not to avail of the online offers made by Dr. Krishna in this regard, or any similar proposals contained in advertisements, in print or electronic media. The order shall come into force with immediate effect. The full text of the order is available on the website: www.sebi.gov.in |
| Dec 02, 2009 | Annual Report 2008-2009 | The Hon’ble SAT vide order dated 9th May 2008 dismissed the appeal and upheld the impugned order of Adjudicating officer. While dismissing the appeal, the Hon’ble SAT observed that the appellants being insiders, traded on the basis of unpublished price sensitive information in their possession and thus had violated SEBI (Prohibition of Insider Trading) Regulations, 1992. |
| Dec 02, 2009 | Annual Report 2008-2009 | The Hon’ble SAT vide order dated 9th May 2008 dismissed the appeal and upheld the impugned order of Adjudicating officer. While dismissing the appeal, the Hon’ble SAT observed that the appellants being insiders, traded on the basis of unpublished price sensitive information in their possession and thus had violated SEBI (Prohibition of Insider Trading) Regulations, 1992. |
| Dec 02, 2009 | Annual Report 2008-2009 | The Hon’ble SAT vide order dated 9th May 2008 dismissed the appeal and upheld the impugned order of Adjudicating officer. While dismissing the appeal, the Hon’ble SAT observed that the appellants being insiders, traded on the basis of unpublished price sensitive information in their possession and thus had violated SEBI (Prohibition of Insider Trading) Regulations, 1992. |
| Dec 17, 2009 | Allocation of limits to FIIs/Sub-accounts for investment in Government Debt | 300 12 BARCLAYS CAPITAL MAURITIUS LIMITED |
| Feb 19, 2010 | Report of the Committee on Comprehensive Regulation for Credit Rating Agencies | risk lead to rating migrations. In contrast, PIT approach ensures change in credit rating immediately as |
| Feb 19, 2010 | Report of the Committee on Comprehensive Regulation for Credit Rating Agencies | risk lead to rating migrations. In contrast, PIT approach ensures change in credit rating immediately as |
| Feb 19, 2010 | Report of the Committee on Comprehensive Regulation for Credit Rating Agencies | risk lead to rating migrations. In contrast, PIT approach ensures change in credit rating immediately as |
| Mar 15, 2010 | Half Yearly Reporting by Portfolio Managers | 2 CAPITAL ADEQUACY:- |
| May 05, 2010 | Consent Order in respect of M/s. Mavi Investment Fund Limited in the matter of M/s. Soma Textiles and Industries Limited | A Panel consisting of Whole Time Members, SEBI, Dr. K. M. Abraham and Shri Prashant Saran has passed a consent order dated April 30, 2010 on the application submitted by M/s. Mavi Investment Fund Limited for non-compliance of Regulations 7(1), 7(1)A and 8(1) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and Regulation 13(3) of the SEBI(Prohibition of Insider Trading) Regulations, 1992 within the time specified therein, with regard to the disclosures to be made to the Stock Exchanges for the period 2006-2007 in the matter of acquisition of shares of M/s. Soma Textiles and Industries Limited in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs.10,00,000/- (Rupees ten lakh only) towards the settlement charges, in the matter. |
| May 13, 2010 | Report of Committee on Review of Eligibility Norms (CORE) | • As also explained in the beginning of this document (functions of a custodians), there are very significant differences between DPs and Custodians. Custodians perform a variety of functions over and above what a pure DP does, and take on significantly more operational risk. Hence regulations have to keep all these factors in mind while granting approvals to entities to act as Custodians. Some of these functions are outlined below: – Check for compliance with a number of regulations for client trades, using automated systems and processes. These activities are not performed by DPs, who cater to inherently retail requirements vs. institutional as managed by custodians. E.g., monitoring against various investment limits (like FII limits, PIT, SAST etc), RBI FEMA, SEBI Short sale regulations, FDI reportings (FCGPR and FCTRS) etc. – Custodians also do ongoing asset servicing and track corporate actions which DPs do not perform. This requires sophisticated technology and use of global messaging protocols to ensure there are no errors in the process. o Automated processing of both voluntary (e.g., Tender offers, buy backs, rights etc) and involuntary Corporate action (Bonus, Stock Split, Dividend, Stock consolidation etc). o Automated notification process, adhering o Follow-up of pre-advised voluntary corporate actions o Provide proxy voting services for clients – arranging for casting o Tracking, collecting and posting any income due to clients |
| May 13, 2010 | Report of Committee on Review of Eligibility Norms (CORE) | • As also explained in the beginning of this document (functions of a custodians), there are very significant differences between DPs and Custodians. Custodians perform a variety of functions over and above what a pure DP does, and take on significantly more operational risk. Hence regulations have to keep all these factors in mind while granting approvals to entities to act as Custodians. Some of these functions are outlined below: – Check for compliance with a number of regulations for client trades, using automated systems and processes. These activities are not performed by DPs, who cater to inherently retail requirements vs. institutional as managed by custodians. E.g., monitoring against various investment limits (like FII limits, PIT, SAST etc), RBI FEMA, SEBI Short sale regulations, FDI reportings (FCGPR and FCTRS) etc. – Custodians also do ongoing asset servicing and track corporate actions which DPs do not perform. This requires sophisticated technology and use of global messaging protocols to ensure there are no errors in the process. o Automated processing of both voluntary (e.g., Tender offers, buy backs, rights etc) and involuntary Corporate action (Bonus, Stock Split, Dividend, Stock consolidation etc). o Automated notification process, adhering o Follow-up of pre-advised voluntary corporate actions o Provide proxy voting services for clients – arranging for casting o Tracking, collecting and posting any income due to clients |
| Jul 06, 2010 | Consent Order on the applications submitted by M/s. DISA Holding AG and M/s. DISA India Limited in the matter of M/s. DISA India Limited | (iv) Regulation 13(3) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 for the acquisition made on October 20, 2004. |
| Jul 06, 2010 | Consent Order on the applications submitted by M/s. DISA Holding AG and M/s. DISA India Limited in the matter of M/s. DISA India Limited | (iv) Regulation 13(3) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 for the acquisition made on October 20, 2004. |
| Jul 15, 2010 | Introduction of call auction in Pre-open session | ABB LTD. ACC LIMITED AMBUJA CEMENTS LTD AXIS BANK LIMITED BHARTI AIRTEL LIMITED BHEL BHARAT PETROLEUM CORP LTD CAIRN INDIA LIMITED CIPLA LTD DLF LIMITED GAIL (INDIA) LTD HCL TECHNOLOGIES LTD HDFC LTD HDFC BANK LTD HERO HONDA MOTORS LTD HINDALCO INDUSTRIES LTD HINDUSTAN UNILEVER LTD. ICICI BANK LTD. IDEA CELLULAR LIMITED INFRA. DEV. FIN. CO. LTD INFOSYS TECHNOLOGIES LTD ITC LTD JINDAL STEEL & POWER LTD JAIPRAKASH ASSOCIATES LTD KOTAK MAHINDRA BANK LTD LARSEN & TOUBRO LTD. MAHINDRA & MAHINDRA LTD MARUTI SUZUKI INDIA LTD. NTPC LTD OIL AND NATURAL GAS CORP. PUNJAB NATIONAL BANK POWER GRID CORP. LTD. RANBAXY LABS LTD RELIANCE COMMUNICATIONS LTD. RELIANCE CAPITAL LTD RELIANCE INDUSTRIES LTD RELIANCE INFRASTRUCTURE LTD RELIANCE POWER LTD. STEEL AUTHORITY OF INDIA STATE BANK OF INDIA |
| Aug 26, 2010 | Annual Report 2009-2010 | Services Ltd. Investigation was conducted in the scrip of M/s. KLG Capital Services Ltd, wherein it was observed that Mr. Hemant R. Patel, Mr. Praveen Mohnot and Mr. N. Ravichandran, who are executives of M/s. SKIL Infrastructure Limited (SKIL), and their relatives, namely, Ms. Priyanka Singhvi, daughter of Mr. Praveen Mahnot, and Ms. Anita Ravichandran, wife of Mr. N. Ravichandran, communicated unpublished price sensitive information (UPSI) and/or dealt in the shares of M/s. KLG during February 22-27, 2008 while in possession of UPSI. Therefore, these entities violated various provisions of SEBI Act, 1992 and the SEBI (Prohibition of Insider Trading) Regulations, 1992. |
| Sep 15, 2010 | Establishment of Connectivity with both depositories NSDL and CDSL - Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement | 3. PREMIER CAPITAL SERVICES LIMITED |
| Nov 29, 2010 | Defaulters in Payment of Penalty imposed by SEBI as on September 30,2010 | 219 Monika Financial Services Pvt. Ltd. (Directors Shri Nizarali Satani, Smt. Nilofar Satani) 301, Pratik Apts, Ellora Park, Vadodara - 390 007. Gujarat. MAA LEAFIN & CAPITAL LTD 125000 29 August, 2001 ACMM, 47th Court, Mumbai CC No. 2168/W/03 ID1 |
| Jan 07, 2011 | SEBI passes Consent Order in the matter of irregular trading in the scrip of Anu Laboratories Ltd - Shri Nagesh Sayaji Rao Walimbe | PR No.05/2011 SEBI passes Consent Order in the matter of irregular trading in the scrip of Anu Laboratories Ltd. – Shri Nagesh Sayaji Rao Walimbe A panel consisting of Whole Time Members, SEBI, Dr. K.M. Abraham and Shri Prashant Saran has passed consent order on December 29, 2010 in the matter of irregular trading in the scrip of Anu Laboratories Ltd. on application submitted by Shri Nagesh Sayaji Rao Walimbe. The applicant is one of the promoters/directors of Anu Laboratories Ltd. (‘the company’). As per the company’s Code of Conduct for Prevention of Insider Trading, the trading window of the company is closed from the date of the announcement of the meeting of the Board of Directors for considering price sensitive matters till the elapse of 24 hours from the time when the decision taken by the Board is made public. On May 27, 2009 at 10.45 AM, the company announced that a meeting of its Board of Directors would be held on June 03, 2009 to consider inter alia the issue of bonus shares and raise additional funds. The applicant sold 10, 07,510 shares of the company on May 28, 2009, attracting enforcement action under the SEBI Act,1992 read with regulation 14 (1) of the SEBI (Prohibition of Insider Trading) RegulationsPITPIT Regulations in respect of trading by the applicant in the shares of the company is settled by this order. The full text of the order is available on the website: www.sebi.gov.in |
| Jul 01, 2011 | Establishment of Connectivity with both depositories NSDL and CDSL - Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement | 4 S P CAPITAL FINANCING LIMITED |
| Jul 28, 2011 | SEBI Board meeting | (VIII) Amendment to the SEBI (Prohibition of Insider Trading) RegulationsSEBI (Prohibition of Insider Trading) Regulations, 1992 mandating certain disclosures to be made by promoters and persons who are part of promoter group of a listed company. The amendment relates to initial disclosures relating to their shareholding at the time of becoming promoter or part of promoter group; and also continuous disclosures whenever there is a change in their holdings exceeding Rs. 5 lakh in value or 25,000 shares or 1% of total shareholding or voting rights, whichever is lower. Presently, similar disclosures are required to be made by the directors and officers of the company. (IX) Decentralisation of work to Regional Offices and opening of Local Offices |
| Aug 01, 2011 | Concept Paper On Proposed Alternative Investment Funds Regulation | is WHY COMPREHENSIVE REGULATION FOR PRIVATE POOLS OF CAPITAL/ ALTERNATIVE INVESTMENT FUNDS IS REQUIRED? |
| Aug 01, 2011 | Concept Paper On Proposed Alternative Investment Funds Regulation | is WHY COMPREHENSIVE REGULATION FOR PRIVATE POOLS OF CAPITAL/ ALTERNATIVE INVESTMENT FUNDS IS REQUIRED? |