India’s Motilal Oswal Alternate Investment Advisors Pvt Ltd. has applied to the Securities and Exchange Board of India to raise as much as 30 billion rupees ($336 million) for its maiden private credit fund. The company, which is a unit of Motilal Oswal Financial Services, will start raising the money in 2026, pending regulatory approval,…
Markets regulator Sebi has relaxed the educational qualification criteria for Investment Advisers (IAs) and Research Analysts (RAs), allowing graduates from any discipline to apply for registration. However, passing the NISM certification exam will remain mandatory to ensure domain knowledge and professional preparedness, Sebi said in two separate notifications on Tuesday. Currently, applicants are required to…
Mumbai: A Securities and Exchange Board of India (Sebi) panel focused on primary market reforms is considering changes to the way in which promoters are defined for companies looking to launch initial public offerings (IPOs). The committee is proposing that companies must show the basis on which they have identified promoters in their draft offer…
Mumbai: The Securities and Exchange Board of India (Sebi) has proposed introducing a separate offer document summary containing concise information about the issuer company, along with streamlining the process for pre-IPO pledged shares. “The voluminous nature of the offer document may deter retail investors from reviewing such documents, thereby leading to a lack of engagement…
Mumbai: A high-level committee set up to examine conflict-of-interest rules and disclosure norms for top officials of the Securities and Exchange Board of India (Sebi) has proposed that the chairman and its whole-time members must be termed as ‘insiders’ under the insider trading rules. The six-member panel, headed by former chief vigilance commissioner Pratyush Sinha,…
India’s markets regulator is planning more reforms to woo foreign investors, including speeding up registration, reducing the cost of trading in the cash equities market and making it easier to short-sell, its chief said on Wednesday. Chairman Tuhin Kanta Pandey took over as head of the Securities and Exchange Board of India in March, and…