Rajesh Exports Allegedly Misrepresented 99.8% Of Consolidated Revenue: SEBI In Interim Order Continuing Curbs

The Securities and Exchange Board of India (SEBI) on Wednesday continued interim restrictions on Rajesh Exports Limited and its promoter Rajesh Mehta, over alleged misrepresentation of the company's financial statements, undisclosed related-party transactions and concerns over the use of company funds. In its October 14 order, SEBI Whole-Time Member Kamlesh C. Varshney found that the company had failed to rebut several prima facie findings recorded in the interim order, including the alleged...

SEBI Proposes Freezing Promoters' Demat Accounts Over Failure To Disclose Use Of IPO Funds

The Securities and Exchange Board of India (SEBI) has proposed a graduated enforcement mechanism under which stock exchanges would intimate depositories to initiate the freezing of promoters' demat accounts if listed companies fail to cooperate with agencies monitoring the utilisation of funds raised through securities issues. Under the proposal, stock exchanges would first issue notices to non-compliant listed companies. If the monitoring agency fails to submit a subsequent complete report...

SEBI Introduces Six Tier Colour-Coded Credit Risk Indicator For Debt Securities

The Securities and Exchange Board of India (SEBI) has introduced a 'Credit Risk-o-Meter' to help investors assess the credit risk of debt securities through a colour-coded visual indicator.Under a circular dated October 7, 2026, the Credit Risk-o-Meter will be mandatory in offer documents, abridged prospectuses, private placement memorandums, advertisements and the web and mobile platforms of Online Bond Platform Providers (OBPPs). The framework maps existing credit ratings into six risk...

SEBI Launches 'Samajh Se Investing Simple' Campaign, MUST Initiative Under Project Jagrook

The Securities and Exchange Board of India (SEBI) has launched the 'Samajh Se Investing Simple' investor awareness campaign and the 'Mentoring of University/College Students by Trainers (MUST)' initiative under Project Jagrook, aimed at strengthening financial literacy and promoting informed investment practices. The campaign was launched at Panjab University, Chandigarh, as part of World Investor Week 2026, being observed in India from October 5 to 11, 2026 on the theme 'Samajh Se Investing...

SEBI Opens Local Office In Chandigarh For Investor Grievance Redressal, Financial Education

The Securities and Exchange Board of India (SEBI) has inaugurated a Local Office in Chandigarh to facilitate investor grievance redressal, promote financial literacy and engage with securities market participants in Punjab, Haryana and the Union Territory of Chandigarh.SEBI's Chairman Tuhin Kanta Pandey inaugurated the office on October 5, 2026. The office is located at SCO No. 20-25, 2nd Floor, Jeevan Prakash Building, Sector 17B, Chandigarh.The Chandigarh office will function under the...

SEBI Revamps Document Verification System To Verify Letters, Notices Issued By Regulator

The Securities and Exchange Board of India (SEBI) has revamped its Document Number Verification System (DNVS), allowing recipients to check whether a letter or notice was issued by the regulator.The regulator had launched the system in April 2025. The revamped version now requires the subject matter of a SEBI letter as a mandatory detail when verifying a physical letter or notice. It has also been aligned with the Outward Number format generated through the outward module of SEBI's E-Office...

SEBI Directs Stock Brokers To Display Investor Awareness Messages On Websites, Trading Apps

The Securities and Exchange Board of India (SEBI) has directed stock brokers to display investor awareness messages on their websites and trading applications as part of its Project Jagrook, aimed at promoting investor safety and awareness.Under the circular issued on October 1, 2026, SEBI said that stock brokers must display the investor awareness messages provided by it on their websites and trading apps in the manner specified.For websites, brokers must display the investor awareness messages...

Lloyds Enterprises, Executives Settle SEBI Proceedings For ₹4.16 Crore

Lloyds Enterprises Limited has settled proceedings with the Securities and Exchange Board of India by paying ₹1.28 crore over alleged violations of securities market regulations. Its Managing Director Rajesh Rajnarayan Gupta and Chief Financial Officer Viresh Shankar Sohoni also settled the proceedings. They paid ₹1.44 crore each, taking the total settlement amount to ₹4.16 crore. The settlement order was passed by Whole Time Member Sandip Pradhan and Whole Time Member K.V.R. Murthy. The...

SEBI Imposes ₹5 Lakh Penalty On Madhukar Dubey, Magnum Industrial Corporation Over CNE IPO

The Securities and Exchange Board of India (SEBI) on 28 September imposed a Rs. 5 lakh penalty on Madhukar Dubey and his proprietorship concern, Magnum Industrial Corporation, in connection with the alleged fraudulent funding of the initial public offering (IPO) of Channel Nine Entertainment Limited (CNE). Adjudicating Officer Medha Sonparote passed the order, holding Dubey liable as one of eight entities that funded CNE IPO applicants as part of the alleged fraudulent scheme. She observed: “I...

SEBI Clears Vinod Adani, Others Of MPS, PFUTP Allegations In Four Adani Entities Case

The Securities and Exchange Board of India (SEBI) has cleared Vinod Adani and other parties of allegations that they violated minimum public shareholding (MPS) norms in relation to four Adani Group companies, holding that the allegations were not established.The regulator also found that the allegations of fraudulent and unfair trade practices did not survive.Separately, proceedings against four Adani Group companies and 14 individual directors, including group Chairman Gautam S. Adani, had been...

Four Adani Group Companies Settle SEBI Proceedings Over MPS Non-Compliance

Four Adani Group companies have settled SEBI proceedings over alleged non-compliance with Minimum Public Shareholding requirements by paying ₹37.05 lakh each along with their respective directors. The companies are Adani Enterprises Limited, Adani Power Limited, Adani Ports and Special Economic Zone Limited, and Adani Transmission Limited (now known as Adani Energy Solutions Limited).SEBI's Whole Time Member Kamlesh Chandra Varshney passed the order. SEBI received several complaints...

Five Adani Group Companies Settle SEBI Proceedings Over Hindenburg-Highlighted Issues For ₹1.5 Crore

Five Adani Group companies have settled SEBI adjudication proceedings arising from an examination into issues highlighted in the Hindenburg Report by paying combined settlement amounts of ₹1.508 crore.SEBI Adjudicating Officer Jai Sebastian passed the settlement order on Tuesday (September 22)The proceedings concerned Adani Enterprises Limited, Adani Total Gas Limited, AWL Agri Business Limited, Adani Green Energy Limited, and Adani Energy Solutions Limited. AWL Agri Business was formerly known...