Category

SEBI & Regulation

SEBI & Regulation

SEBI Closing Auction Session: What Changes on 7 December 2026, and What It Means for Open Offer and Buyback Pricing

SEBI's final Closing Auction Session circular moves the auction to 3:30-3:40 pm and settles expiring derivatives on a 30-minute continuous-trading VWAP from 7 December 2026. F&O stocks will close at one price and settle at another on expiry day. The ICDR, SAST and delisting VWAP floors don't change; closing-price tests for QIPs, buy-backs and ESOPs still use the auction close.

12 min read
SEBI & Regulation

SEBI Board Meeting 24 September 2026: What Listed Companies Must Do

Three weeks after SEBI's 24 September 2026 board meeting, the Settlement Regulations, 2026 and the Portfolio Managers Regulations, 2026 are notified, and the vault manager and research analyst amendments are on the books. Regulation 62A relief and the REIT/InvIT changes are still waiting. Here's the item-by-item tracker, status checked 18 October 2026.

11 min read
SEBI & Regulation

SEBI LODR Amendment Regulations 2026: Regulations 39 and 40 Rewritten

The SEBI LODR (Amendment) Regulations, 2026 quietly rewrote Regulations 39 and 40: the Letter of Confirmation is gone, and transfer deeds executed before 1 April 2019 can be registered again through a SEBI special window that runs to 4 February 2027. Here is the clause-level change and the document set that now reads against the wrong baseline.

12 min read