Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedCyril Amarchand Mangaldas, S&R Associates, and Hogan Lovells advised on Hero Motors' ₹1,000 crore IPO, comprising fresh issue and offer for sale by promoters.
Shardul Amarchand Mangaldas advised lead managers on Bharat Forge’s ₹2,000 crore qualified institutional placement, facilitating swift capital raising via equity issuance.
Khaitan & Co has advised Reliance Industries on a ₹12,000 crore private placement of non-convertible debentures, listed on BSE and NSE, carrying a 7.47% coupon rate.
SEBI has proposed extensive changes to Portfolio Managers Regulations, seeking stakeholder comments by August 13, 2026.
SEBI has implemented a buy-back freeze framework at the ISIN level to embed promoter trading restrictions in market systems, enhancing compliance during buy-back operations.
SEBI has launched the GARUDA mechanism, aiming to expedite the filing of Private Placement Memorandum (PPM) and the launch of Alternative Investment Funds (AIF) schemes. This revision is effective immediately under the amended AIF Regulations.
The Securities and Exchange Board of India (SEBI) has approved a settlement for DMI Income Fund concerning a Foreign Portfolio Investor (FPI) compliance case related to delayed disclosures. The fund will pay ₹27.6 lakh to settle the matter.
SEBI clarifies that Alternative Investment Fund units are not treated as mutual funds and remain subject to prudential limits under Portfolio Managers Regulations.
SEBI has updated the certification norms for specialized investment fund distributors, replacing the Series XIII certification with NISM Series V-D.
SEBI clarifies compliance obligations under Regulation 62A for entities assuming outstanding unlisted NCD obligations after restructuring.
SEBI has revised the securities transmission framework, introducing QTP with standardized documents and streamlined processing timelines effective July 23, 2026.
A detailed guide on the SEBI SCORES authentication process has been released, covering complaint handling, compliance obligations, and timelines for registered intermediaries.