PR No.163/2008 Order in the matter of M/s Shree Yaax Pharma and Cosmetics Limited Dr. T. C. Nair, Whole Time Member, SEBI has passed an order dated August 26, 2008 in the matter of M/s. Shree Yaax Pharma and Cosmetics Ltd. directing M/s. Ess Ess Intermediaries Pvt Ltd, broker of Ahmedabad Stock Exchange, to be careful in future and exercise due care and diligence in the conduct of its affairs as a capital market intermediary. The full text of the order is available on the website http://www.sebi.gov.in/. Mumbai August 29, 2008 Source: SEBI Date: 2008-08-30
PR No. 164/2008 Re-allocation of debt investment limits The enhanced debt limits were allocated to entities on June 20, 2008 . The unutilized limits were re-allocated to the entities on August 05, 2008. After assessment of the utilization, the unutilised debt limits are being re-allocated to entities lower down in the list. The list of the entities and the allocated limits is given in Annexure. In terms of the SEBI circular dated January 31, 2008, in case the allocated limits are not utilised by the entities by September 13, 2008 the same shall be withdrawn and allocated to the entities lower down in the list of requests received by SEBI on June 17, 2008. Mumbai, August 29, 2008 Source: SEBI Date: 2008-08-30
PR. No. 162/2008 SEBI amends DIP guidelines SEBI amends Disclosure and Investor Protection (DIP) guidelines to inter-alia reduce the timelines involved in rights issue process, modify pricing and eligibility provisions for Qualified Institutions Placement (QIP), modify pricing provisions for preferential allotment to Qualified Institutional Buyers (QIBs), to exclude sub-accounts in the category of �foreign corporate� and �foreign individuals� from QIB category and to allow filing of draft offer documents of issue size up to Rs.50 crore with SEBI Regional Offices. The circular issued today amending DIP guidelines is available on the website http://www.sebi.gov.in/ Mumbai, August 28, 2008 Source: SEBI Date: 2008-08-29
PR. No. 161/2008 Self Certified Syndicate Banks (SCSBs) under Applications Supported by Blocked Amount (ASBA) process made effective by SEBI SEBI, vide a circular dated July 30, 2008, introduced a new mode of payment in public issues wherein the application money remains in the bank account till allotment in the public issue. The application forms for this payment mode are to be submitted to banks whose names appear in the list of Self Certified Syndicate Banks (SCSBs) on the website http://www.sebi.gov.in/ As on date, SEBI has received the aforesaid self certification from three banks : (i) Corporation Bank,(ii) Union Bank of India and (iii) HDFC Bank. Names of these banks have been included in the list of SCSBs on the website http://www.sebi.gov.in/ Details of the branches of these banks where the public issue application forms from the customers of the respective banks, can be accepted, are also available on http://www.sebi.gov.in/. These banks are eligible to act as an SCSB in public issues which open on or after September 1, 2008 onwards. Mumbai August 28, 2008 Source: SEBI Date: 2008-08-29
PR No. 164/2008 Re-allocation of debt investment limits The enhanced debt limits were allocated to entities on June 20, 2008 . The unutilized limits were re-allocated to the entities on August 05, 2008. After assessment of the utilization, the unutilised debt limits are being re-allocated to entities lower down in the list. The list of the entities and the allocated limits is given in Annexure. In terms of the SEBI circular dated January 31, 2008, in case the allocated limits are not utilised by the entities by September 13, 2008 the same shall be withdrawn and allocated to the entities lower down in the list of requests received by SEBI on June 17, 2008. Mumbai, August 29, 2008 Source: SEBI Date: 2008-08-30
PR. No. 162/2008 SEBI amends DIP guidelines SEBI amends Disclosure and Investor Protection (DIP) guidelines to inter-alia reduce the timelines involved in rights issue process, modify pricing and eligibility provisions for Qualified Institutions Placement (QIP), modify pricing provisions for preferential allotment to Qualified Institutional Buyers (QIBs), to exclude sub-accounts in the category of �foreign corporate� and �foreign individuals� from QIB category and to allow filing of draft offer documents of issue size up to Rs.50 crore with SEBI Regional Offices. The circular issued today amending DIP guidelines is available on the website http://www.sebi.gov.in/ Mumbai, August 28, 2008 Source: SEBI Date: 2008-08-29
PR. No. 161/2008 Self Certified Syndicate Banks (SCSBs) under Applications Supported by Blocked Amount (ASBA) process made effective by SEBI SEBI, vide a circular dated July 30, 2008, introduced a new mode of payment in public issues wherein the application money remains in the bank account till allotment in the public issue. The application forms for this payment mode are to be submitted to banks whose names appear in the list of Self Certified Syndicate Banks (SCSBs) on the website http://www.sebi.gov.in/ As on date, SEBI has received the aforesaid self certification from three banks : (i) Corporation Bank,(ii) Union Bank of India and (iii) HDFC Bank. Names of these banks have been included in the list of SCSBs on the website http://www.sebi.gov.in/ Details of the branches of these banks where the public issue application forms from the customers of the respective banks, can be accepted, are also available on http://www.sebi.gov.in/. These banks are eligible to act as an SCSB in public issues which open on or after September 1, 2008 onwards. Mumbai August 28, 2008 Source: SEBI Date: 2008-08-29
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