Tag Archives: Sebi

Essel Finance gets SEBI nod for Peerless General Finance acquisition

MUMBAI, AUGUST 11:   Essel Finance Management LLP’s (EFM) subsidiary Essel Finance Wealthzone has received SEBI approval to acquire the entire shareholding of the Peerless General Finance and Investment Co. Ltd and others, in Peerless Funds Management Co. Ltd and Peerless Trust Management Co. Ltd. Essel Finance Management is the financial services arm of Subhash Chandra-promoted Essel Group. At present, EFM ... Read More »

Essel Finance gets SEBI nod for Peerless General Finance acquisition

Essel Finance Management LLP’s (EFM) subsidiary Essel Finance Wealthzone has received SEBI approval to acquire the entire shareholding of the Peerless General Finance and Investment Co. Ltd and others, in Peerless Funds Management Co. Ltd and Peerless Trust Management Co. Ltd. Essel Finance Management is the financial services arm of Subhash Chandra-promoted Essel Group. At present, EFM offers a range ... Read More »

BSE IPO: Issue size estimated at Rs. 1,200 to Rs. 1300 crore; Asia’s oldest stock exchange files documents with Sebi

The Bombay Stock Exchange (BSE) on Friday filed documents with capital markets regulator Securities and Exchange Board of India (Sebi) for its upcoming initial public offering (IPO). Shareholders of the BSE will be partially selling their stake via the offer for sale (OFS) route for a sum in the range of Rs. 1,200 to Rs. 1,300 crore. The 141-year-old stock ... Read More »

Sebi mulls ways to make commodity markets ‘deeper and safer’

To deepen commodities derivative markets, regulator Sebi is mulling allowing new products and institutional players while an integrated database is in the works for agriculture as well as non-agri products to better understand the domestic and international trends. Through this database, Sebi intends to become a “timely input provider” to the government in commodity market-related matters as any volatility and ... Read More »

Sebi to engage with BSE on avenues to increase F&O volume

Markets regulator Sebi plans to engage with leading stock exchange BSE to explore avenues for increasing the F&O (futures and options) trade volume on its platform. Taking note of the low F&O volumes at the BSE, the board of Sebi has suggested the regulator to engage with the exchange to “explore ways for increasing the volume”. The suggestion was made ... Read More »