On 9 May 2025, IND RBI said it fined bank INR 10mn over shareholding limits. IND RBI said it fined Jana Small Finance Bank Ltd INR 10mn for fails re shareholding limits. Reason for Penalty Breached Banking regulation act, regarding shareholding limits of paid-up share capital. The bank issued compulsory convertible preference shares (CCPS) that […]
On 14 May 2025, the SFC updated its substantial shareholding tables to include the following: substantial shareholding in Ocean One Holding Ltd. (Stock Code: 08476)
On 7 May 2025, UK CIFAS issued Fraudscape report, noting SIM swap fraud. UK CIFAS warned of 1,055% surge in unauthorized SIM swaps due to rising fraud. Warning comes as part of the organization’s annual Fraudscape report, which paints a grim picture of escalating threats across the mobile and telecoms sectors. Summary Nearly 3,000 cases […]
On 7 May 2025, TSE issued plan with respect to short selling balances. TSE said a new data addition to J-Quants API for individuals will be launched soon. Follows TSE November 2021 said it will restructure organization, build subsidiary. Details of Plan This new data addition will provide additional information on short selling balances reported […]
On 6 May 2025, IND SEBI proposed separate carve out for delisting. IND SEBI proposed separate carve out for voluntary delisting of public sector undertakings (PSUs) under SEBI (Delisting of equity shares) regulations, 2021. Applies to PSUs where the promoter group holds 90% or more of the issued shares. Background Under current regulations, delisting is […]
On 6 May 2025, ESMA released an answer to a recent question on the EU Short Selling Regulation (Regulation (EU) 236/2012), via its online Q&A Tool. The Q: “When calculating net short positions in relation to issuers having both listed and non-listed shares, should the issued share capital also include non-listed shares?” The Answer: “Yes, […]