Business · Companies · 1 hr ago
SEBI proposes Rs 50,000 fine for firms that do not cooperate with monitors
SEBI has proposed a Rs 50,000 fine for firms that do not cooperate with monitors.
The proposal concerns firms and their cooperation with monitors.
The stated penalty is Rs 50,000.
The information available does not explain what the monitors oversee or how they work.
It also does not say whether the proposal has been approved or when it might take effect.
The proposal is not described as a rule already in force.
SEBI has proposed a ₹50,000 fine for each instance in which a listed company does not cooperate with monitoring the use of funds raised through a public issue.
The regulator has also proposed requiring a monitoring agency for all public issues, regardless of size.
Monitoring agencies could submit reports directly to stock exchanges when companies do not cooperate.
SEBI’s proposals form part of a review of its Listing Obligations and Disclosure Requirements regulations.
The regulator is seeking public comments on the proposals until November 3.
- Who
- The Securities and Exchange Board of India (SEBI) proposed the measures. They apply to listed companies and monitoring agencies.
- What
- SEBI proposed a ₹50,000 fine for each instance of non-cooperation and mandatory monitoring agencies for all public issues.
- When
- SEBI announced the proposals on Tuesday, October 13, 2026. Public comments are due by November 3.
- Where
- India.
- Why
- The proposals aim to strengthen transparency and accountability in the use of funds raised through public issues.
This story does not have two clearly opposing sides.
SEBI proposed mandatory monitoring agencies for all public issues and a fine for listed companies that do not cooperate.
The deadline for public comments on the proposals.
- Fine
- ₹50,000 for each instance of non-cooperation
- Scope
- Monitoring agencies proposed for all public issues, regardless of size
- Reporting
- Agencies could send reports directly to stock exchanges if companies do not cooperate
- Deadline
- November 3 for public comments
2 sources
Related
Hyundai Motor Group plans $15.5 billion investment in India over seven years
1 hr ago · 4 sources
Zoho freezes annual pay increases as AI and server costs rise
1 hr ago · 4 sources
Indian stocks rise after finance minister says she is open to LTCG tax debate
2 hrs ago · 2 sources
Bond yields expected to slow Indian banks’ September-quarter profit growth
43 mins ago
What people are saying
mandatory appointment of monitoring agency, for all issuances irrespective of the size of the issue (excluding size of offer for sale)
In the event of non-cooperation by listed entity, during the process of monitoring, the report directly submitted by monitoring agency to stock exchanges shall be based on best available information and accompanied by ‘statement of non- cooperation’