Industry Standards on Key Performance Indicators – Disclosures for Offer Document
This circular shall be applicable for all draft offer documents / offer documents filed with SEBI / Stock Exchanges on or after April 1, 2025.
SEBI Circular Update: Amendments and Clarifications on Nomination Facilities in the Indian Securities Market
These amendments and clarifications by SEBI reflect a forward-thinking approach to ensuring that the nomination process for mutual fund folios and demat accounts is clear, convenient, and accessible to investors. The increased flexibility around opting out, empowering nominees, and the streamlined transmission process will no doubt ease the administrative burden for both investors and regulated entities. As the Indian securities market continues to grow, such regulatory updates are essential for maintaining investor confidence and ensuring a smooth and efficient market experience.
New timeline for public consultation: SEBI proposals on RPT
SEBI had issued a consultation paper on “ Consultation Paper on aspects relating to Secretarial Compliance Report, Appointment of Auditors and Related Party Transactions of a Listed Entity” on February 7, 2025 seeking comments from public and other stakeholders by February 28, 2025. It has been decided to extend the timeline for submission of comments to March 7, 2025.
Government Proposes Stricter Birth Certificate Rules for Passport Applications
The Ministry of External Affairs has released amendments to the Passports Rules, 1980, proposing stricter requirements for birth certificate submissions in passport applications. The changes outlined in the Passports (Amendment) Rules, 2025, aim to standardize and strengthen the verification of birth dates.