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SEBI through its notification dated 11th March 2025 (reference number: SEBI/LAD-NRO/GN/2025/235) has significantly amended the SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”), broadening the definition of Unpublished Price Sensitive Information (“UPSI”) and refining rules  for trading window closure – steps aimed at strengthening India’s insider trading compliance framework. Why this matters SEBI’s amendments … Read more

In a strong signal reinforcing disclosure discipline, SEBI has passed an Adjudication Order dated July 4, 2025, in the matter of LCC Infotech Limited (“LCC”), imposing a monetary penalty of INR 1,00,000/- for violations of Regulation 31(1)(b) read with Regulation 4(1)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”). The adjudication … Read more

The regulatory context: One frequently encountered compliance question in corporate governance practice is whether a listed company’s loan to its wholly owned subsidiary requires prior Audit Committee or shareholder approval under  SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”). Definitional clarity: Under Regulation 2 (zc) of the SEBI LODR, any loan advanced by … Read more

In a continued push for transparency and good governance, SEBI has issued a circular dated 26th June, 2025 (SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/93), titled “Industry Standards on Minimum Information to be Provided to the Audit Committee and Shareholders for Approval of Related Party Transactions” which will come into effect from 1st September, 2025. This circular modifies Section III-B of … Read more

Regulation 17 (1D) of the SEBI LODR Regulations, 2015 (inserted by the SEBI LODR (Second Amendment) Regulations, 2023) states that on and from 01.04.2024, the “continuation of a director of a listed entity as on March 31, 2024, without the approval of the shareholders for the last five years or more shall be subject to … Read more

With digital payments becoming a primary mode of investor contribution, SEBI has introduced a new mechanism which seeks to eliminate impersonation and misrouting risks. On 11th June 2025, SEBI vide a press release bearing reference number PR No: 31/2025 announced a new framework to enhance investor protection and tackle the growing issue of unauthorised fund collection … Read more

Ideas.Com India Pvt. Ltd. (“Querist”), a promoter group entity of Pritish Nandy Communications Ltd. acquired 7,05,000 equity shares (4.87%) during March 26–28, 2025. In relation to the said trades, while the Querist made payment for the trades on the dates mentioned above, a significant portion of the shares (6,23,950) acquired on March 28, 2025, was … Read more

In a parallel move, SEBI has also issued a circular dated June 2, 2025 bearing reference SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/81, updating the Investor Charter for Research Analysts (“RAs”). This revised charter supersedes the earlier circular dated December 13, 2021 and amends Clause 5 of the Master Circular for Research Analysts dated May 21, 2024. a. Revised Investor Charter … Read more

SEBI continues its regulatory tightening by empowering investors and pushing for AI transparency. On June 2, 2025, SEBI issued a circular bearing reference number SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/80 which sets out an updated ‘Investor Charter’ for Investment Advisers (“RIAs”). This revised framework replaces the earlier version issued through Circular No. SEBI/HO/IMD/IMD-II CIS/P/CIR/2021/0686 dated December 13, 2021 and amends … Read more

Authored by Ammu Brigit The medical field witnessed major ramifications in its regulatory structure in the recent times. Age-old laws were repealed, and new laws were introduced in the field of medical education system, Indian system of medicine and allied healthcare profession. The National Medical Commission Act 2019, National Commission for Indian System of Medicine … Read more