India: Securities

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Article
Securities And Exchange Board Of India Proposes Review Of Price Discovery Mechanism Through Pre-open Call Auction Session For Initial Public Offering And Re-Listed Scrips
On May 21, 2026, the Securities and Exchange Board of India (“SEBI”) issued a consultation paper proposing changes to the existing price discovery framework applicable to Initial Public Offering (“IPO”) and re-listed scrips during the pre-open call auction session on the date of IPO listing or re-listing.
India Commercial
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JSA
Article
General Newsletter – May 2026
DSK Legal's May 2026 newsletter delivers comprehensive updates across multiple practice areas including capital markets, competition law, dispute resolution, employment law, infrastructure, international trade, media and entertainment, corporate affairs, banking regulations, insolvency, sports and gaming, and white collar crime. The newsletter provides expert analysis and regulatory insights to help legal professionals and businesses navigate the evolving legal landscape across diverse sectors.
India Commercial
DL
DSK Legal
Article
National Company Law Appellate Tribunal Clarifies Financial Creditor Status In Third-party Mortgage Transactions Under The Insolvency And Bankruptcy Code, 2016
The National Company Law Appellate Tribunal, Principal Bench, New Delhi (“NCLAT”), In the case of Vistra ITCL (India) Limited vs. Vithal Madhukar Dahake and Ors.1, has considered whether a third-party mortgagor, which created security over its assets for the debt of another entity, could be treated as giving rise to a ‘financial debt’ under the Insolvency and Bankruptcy Code, 2016 (“IBC”). The appeal arose from an order of the National Company Law Tribunal, Mumbai (“NCLT”).
India Insolvency
J
JSA
Article
SEBI Clarifies AIF's Managed By AMC's Are To Be Broad Based Under The Mutual Fund Regulations
One such condition is that the pooled asset must be "broad based." Under Regulation 2(1)(f) of the MF Regulations, a broad-based fund is defined as one having at least 20 investors, with no single investor holding more than 25% of the corpus of such fund. In practice, this requirement has created interpretational challenges for AMCs that also manage AIFs (whether directly or through subsidiaries).
India Finance
KC
Khaitan & Co LLP
Article
Order In The Markets: SEBI's Regulatory Reset Of Early 2026
Between January and April 2026, the Securities and Exchange Board of India ("SEBI") pushed through a dense cluster of circulars and regulatory amendments – touching everything from merchant banker registration to the way retail investors receive an abridged prospectus. Some of these changes were long overdue; others were triggered by market stress. All of them, taken together, amount to a fairly significant recalibration of how India's capital markets participants will need to conduct themselves going forwa
India Commercial
La
Luthra and Luthra Law Offices India
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