Lower costs for mutual fund investors. Clearer, more concise information for those evaluating IPO opportunities. Better discipline for companies preparing to go public.

These aren’t just regulatory tweaks — they’re steps toward building trust and efficiency in our capital markets.

Views shared by our Partner – Mr. Makarand Joshi!

Read the full article here: https://www.livemint.com/market/stock-market-news/mutual-funds-cheaper-sebi-new-rules-investor-benefits-stock-market/amp-11765887931687.html

The post SEBI Slashes Mutual Fund Brokerage Fees & Simplifies IPO Disclosures first appeared on MMJC.

Makarand Joshi – Partner of MMJC commented – “PIT is applicable to all entities who handle UPSI — this has been clear since the framing of PIT regulations. With this precedent, all entities dealing with listed companies will have to ensure strict compliance with the PIT framework.”

Read the full article here: Click here

The post Sebi to sensitise regulators on insider trading and price-sensitive info post-CERC issue first appeared on MMJC.

Makarand Joshi – Partner of MMJC – Commented –   the PAN freezing mechanism has reduced inadvertent trades during financial results and significantly eased the tracking burden on compliance officers. The next step will be to see if Sebi extends this framework of PAN freezing to cover Unpublished Price Sensitive Information (UPSI) beyond financial results and for fiduciaries DPs and their immediate relatives as well.

Read full article here:

https://www.moneycontrol.com/news/business/markets/starting-october-immediate-relatives-of-company-insiders-to-be-under-trading-window-closure-13592340.html

The post Starting October, immediate relatives of company insiders to be under trading window closure first appeared on MMJC.

Under the new norms, the rights issue should be completed in 23 working days from the date of issuer’s Board meeting approving rights issue, as against present average timelines of 317 days.

“With reduced timelines, corporates can have faster access to funds through rights issue. Revised rights issue timelines would make it a preferred option for fundraising as it gives an opportunity to all existing shareholders to be a part of growth story of company,” said Makarand M Joshi, Founder, MMJC and Associates.

The views of Mr. Makarand Joshi – Partner – have been covered in the Economic Times and can be accessed at the following link:

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The post Sebi board meet: Rights issue to be completed within 23 working days first appeared on MMJC.

This decision is part of SEBI’s effort to make the process more efficient and align it with the existing process for public issues of equity shares and convertibles.

The impact

Makarand M Joshi, Founder of MMJC and Associates, a corporate compliance firm, said “Mandating UPI for bids up to ₹5 lakh will ease the process, potentially drawing more retail investors into the debt segment.”

Joshi added that this comes at a time when UPI transactions have surged to ₹1,669 lakh crore, according to data from the Ministry of Finance.

SEBI has been actively working to make the debt market more appealing.

The view of Mr. Makarand Joshi – Partner – has been captured in the CNBC – 18 and the same can be accessed at the following link:

The post SEBI’s new rules from November 1: UPI now mandatory for bids up to ₹5 lakh in public debt issues first appeared on MMJC.

Makarand M. Joshi, founder MMJC & Associates, a corporate compliance firm, said Sebi’s decision to expand the scope of connected person would increase scope of the prohibition of insider trading regulations. “A lot of awareness would be required amongst these persons also to ensure that amended provisions are effectively implemented”, he said.

The views of Partner – Mr. Makarand Joshi are captured in Mint. The detailed article can be viewed at the following link:

The post Sebi okays new product bridging MF, PMS first appeared on MMJC.