Prof. (Dr.) Pradeep Bhardwaj’s Post

SEBI Circular on Optional T+0 Rolling Settlement Cycle Expansion The Securities and Exchange Board of India (SEBI) has issued a new circular (dated December 10, 2024) enhancing the scope of the optional T+0 rolling settlement cycle in the Equity Cash Markets. Key updates include: 1. Expansion to the top 500 market-cap scrips by January 31, 2025, in phased batches. 2. Inclusion of all stock brokers and Qualified Stock Brokers (QSBs) for seamless investor participation. 3. Introduction of a block deal window for T+0 settlement (optional for investors). 4. Provisions for institutional investors with updated systems and processes. Implementation Dates: General Provisions: January 31, 2025 QSB & Institutional Investor Provisions: May 1, 2025 This move aims to enhance market efficiency, offering faster settlement options for participants while ensuring robust systems for smooth implementation. #SEBI #TPlusZero #StockMarket #SettlementCycle #FinancialInnovation

SEBI Capital Market and Securities Laws Update: SMS and E-mail alerts to investors by stock exchanges (December 03, 2024) Stock Brokers shall ensure that separate mobile number/email address is uploaded for each client. Based on the representation received from Brokers’ Industry Standards Forum (ISF), SEBI vide this circular has clarified that, under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number/Email address for more than one client provided such client belong to one family (in case of individual clients) or such client is the authorised person of an HUF, Corporate, Partnership or Trust (in case of non-individual clients). For details: https://lnkd.in/g2vnfnwB

SEBI Capital Market and Securities Laws Update: SMS and E-mail alerts to investors by stock exchanges (December 03, 2024) Stock Brokers shall ensure that separate mobile number/email address is uploaded for each client. Based on the representation received from Brokers’ Industry Standards Forum (ISF), SEBI vide this circular has clarified that, under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number/Email address for more than one client provided such client belong to one family (in case of individual clients) or such client is the authorised person of an HUF, Corporate, Partnership or Trust (in case of non-individual clients). For details: https://lnkd.in/g2vnfnwB

T+0 Settlement Cycle Expansion by SEBI SEBI is expanding its optional T+0 rolling settlement cycle to the top 500 companies by market capitalization starting January 31, 2025. This move aims to enhance liquidity and efficiency in equity cash markets! #SEBIUpdates #StockMarketReforms #T0SettlementCycle #MarketLiquidity

Master Circular for Commodity Derivatives Segment consolidates rules for stock exchanges. Ensure compliance for investor protection.: The Master Circular for Commodity Derivatives Segment issued by SEBI consolidates circulars up to March 31, 2023. It replaces previous circulars and applies to stock exchanges with commodity derivatives segments. Existing actions under repealed circulars are deemed valid under the new Master Circular. SEBI's authority u/s 11(1) of the SEBI Act, 1992 is invoked to protect investor interests and regulate the securities market. Compliance by stock exchanges and clearing corporations is mandatory. http://dlvr.it/T7Rp6v #SEBI #CommodityDerivatives #StockExchanges #Regulations

SEBI: INTRODUCES FRAMEWORK TO MONITOR SHAREHOLDING OF MARKET INFRASTRUCTURE INSTITUTIONS   SEBI introduces a framework to monitor shareholding limits, public shareholding requirements, and the "fit & proper" criteria for Market Infrastructure Institutions (MIIs), which include stock exchanges, clearing corporations and depositories, w.e.f. January 12, 2025; Outlines that - (i) each MII shall appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits, while for depositories, the other depository will act as their DD, (ii) both listed and unlisted MIIs shall disclose their shareholding patterns quarterly on their websites as per LODR norms, and (iii) the DD will monitor breaches of the threshold limit of 5% or 15% as applicable under Stock Exchanges and Clearing Corporation Regulations and Depositories and Participants Regulations respectively and take necessary actions.

SEBI Update: Faster Bonus Shares Trading! 🚀 SEBI has rolled out a significant update to streamline the issuance of bonus shares with its latest circular (CIR/CFD/PoD/2024/122), applicable for all bonus issues announced on or after 01 October, 2024. This new framework is set to make trading of bonus shares quicker and more efficient. Here's what you need to know 💡 🔹 T+2 Trading Timeline: Bonus shares will now be available for trading just two days after the record date (T+2). This acceleration will enhance liquidity and reduce the waiting period for investors. 🔹 Streamlined Procedures: ✔ Approval Process: Issuers must seek in-principle approval within 5 working days from the board meeting that approves the bonus issue. ✔ Record Date and Allotment: When setting the record date (T Day), issuers must also record the deemed date of allotment (T+1 day) for faster processing. ✔ Document Submission: To ensure timely crediting of bonus shares, issuers need to submit the necessary documents to Depositories latest by 12 P.M. on the T+1 day. 🔹 Direct Credit to Permanent ISIN: The new guidelines allow bonus shares to be credited directly to the permanent ISIN, eliminating the need for temporary ISINs. This simplification is expected to reduce administrative burdens and processing delays. 🔹 Regulatory Compliance: Exchanges and Depositories are advised to update their bye-laws and regulations accordingly. Any delays in adhering to these new timelines will attract penalties as per SEBI’s directives. This update reflects SEBI’s commitment to enhancing market efficiency and investor experience. For detailed information, you can access the full circular on the SEBI website. Let’s embrace these changes to make the market more dynamic and responsive! 📈💼 - CS Siddhant Dhyani #SEBI #BonusShares #StockMarketUpdate #FinancialRegulation #Trading #Investment #MarketEfficiency #SEBICircular #EquityShares

Let's see how much success will be achieved.

SEBI's New F&O Trading Rules: 🚨 Minimum Contract Size: ₹15 Lakhs for index derivatives 📊 Contract Value: Between ₹15 Lakhs and ₹20 Lakhs 🎯 Purpose: To make trading safer and more suitable for investors What it Means: The minimum investment for F&O trading has been increased, so smaller investors may find it harder to participate. This move is aimed at protecting investors from market volatility. 💡 Stay informed before investing! For more details, visit SEBI’s official website. #SEBI #TradingUpdates #FandO #InvestSmart #MarketChanges

Important Update :- Yesterday at 11:30 pm SEBI Came up with 2 special developments 1. Consultation paper - In the money options that should be converted into futures before one day of its expiry . Reason is the out of the options suddenly at expiry becomes in the money options and physical delivery issue that can be mitigated 2. Usually a sharp moves between 3:00 pm - 3:30 pm , so they are planning to come up with a plan to extend it till 3:30 pm to 3:45 pm , a post closing session , just like a pre-open session Note : This is still in process , not yet official #stockmarket #sebi #regulator #options #futures #call #put