Rights issues will need to be completed in 23 working days from the date of issuer’s board meeting approving the issue, as against present average timelines of 317 days
Caste census: Siddaramaiah’s latest weapon to take attention away from his own woes (30-09-2024)
Chief Minister Siddaramaiah is set to present the caste census report to the Cabinet and implement its recommendations, seeking to highlight the socio-economic disparities in Karnataka. This move comes amid opposition from key community leaders and internal political challenges within the Congress party.
Sebi board meet: Rights issue to be completed within 23 working days (30-09-2024)
Sebi has approved new norms for a faster rights issue process. The timeline is now reduced to 23 working days, compared to the current average of 317 days. The changes allow flexibility for allotment to specific investors and give an opportunity to existing shareholders. The discontinuation of certain requirements aims to streamline the process.
SEBI board gives nod to new asset class, MF lite; decision on F&O norms deferrred (30-09-2024)
Increases scrips for T+0 settlement
DELHIVERY – One stop solution for shipping and parcel delivery (30-09-2024)
While Mutual funds have bought, Softbank has been exiting the stock in mini sizes since 6 months.
My portfolio updates and investment journey (30-09-2024)
Sir can you please share your latest portfolio… Its always interesting to read about your stocks…
Sebi enhances scope of T+0 settlement cycle, approves eligible scrips to top 500 companies (30-09-2024)
Sebi reviewed the performance of the Beta version of T+0 settlement cycle and will increase the eligible trading scrips to the top 500 companies. This will be done in phases. FPIs and Mutual Funds will have access. An optional block deal window mechanism will be introduced. The current T+1 settlement cycle will continue.
Govt extends I-T audit report filing date to Oct 7 (30-09-2024)
The income tax department has extended the date for filing audit report for 2023-24 by 7 days till October 7. In a circular, the I-T department said considering the difficulties faced by taxpayers in electronic filing of various audit reports under the Income Tax Act, the deadline is being extended from September 30 to October 7.