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SEBI

About SEBI

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What is SEBI?

Securities and Exchange Board of India (Sebi)

SEBI is a statutory body and a market regulator, which controls the securities market in India. The basic functions of Sebi is to protect the interests of investors in securities and to promote and regulate the securities market.  Sebi is run by its board of members. The board consists of a Chairman and several other whole time and part time members. The chairman is nominated by the union government. The others include two members from the finance ministry, one member from Reserve Bank of India and five other members are also nominated by the Centre. The headquarters of Sebi is situated in Mumbai and the regional offices are located in Ahmedabad, Kolkata, Chennai and Delhi.

History of Sebi

Before Sebi came into existence, Controller of Capital Issues was the regulatory authority; it derived authority from the Capital Issues (Control) Act, 1947. In 1988, Sebi was constituted as the regulator of capital markets in India. Initially, Sebi was a non-statutory body without any statutory power. Following the passage of the Sebi Act by Parliament in 1992, it was given autonomous and statutory powers.

What is Securities Appellate Tribunal (SAT)

Sebi also appoints various committees, whenever required to look into the pressing issues of that time. Further, a Securities Appellate Tribunal (SAT) has been constituted to protect the interest of entities that feel aggrieved by Sebi’s decision. SAT consists of a presiding officer and two other members.

Functions and powers of Sebi

Sebi controls activities of stock exchanges, safeguards the rights of shareholders and also guarantees the security of their investment. It also aims to check fraudulence by harmonising its statutory regulations and self-regulating business. The regulator also enables a competitive professional market for intermediaries
Apart from the above functions, Sebi provides a marketplace in which the issuers can increase finance properly. It also ensures safety and supply of precise and accurate information from the investors. Sebi analyses the trading of stocks and safes the security market from the malpractices. It controls the stockbrokers and sub- stockbrokers. It provides education regarding the market to the investors to enhance their knowledge.

Latest Updates on SEBI

Sebi rejects Bajaj Hindusthan's jurisdiction plea in fund diversion probe

Market regulator says forensic audits cited by Bajaj Hindusthan did not examine accounts through which alleged fund diversion was carried out

Updated On: 13 May 2026 | 10:42 PM IST

Sebi orders Rashmi Saluja to disgorge Rs 2 crore in insider trading case

Market regulator imposes Rs 40 lakh penalty on former Religare Enterprises chairperson in insider trading case linked to Burman Group's open offer

Updated On: 13 May 2026 | 10:33 PM IST

Sebi weighs specialised distributors for debt mkt: WTM Amarjeet Singh

Move aims to widen retail participation in bond investments

Updated On: 13 May 2026 | 8:58 PM IST

Sebi moots overhaul of municipal debt securities framework, ESG bond norms

Securities and Exchange Board of India has proposed easing and tightening norms for municipal bonds to deepen investor participation and improve disclosure standards

Updated On: 13 May 2026 | 8:53 PM IST

Brokers seek Sebi clarity on payout freezes in fraud-linked cases

Move comes after recent withholding of Rs 80 crore that impacted more than 160 brokers

Updated On: 13 May 2026 | 4:43 PM IST

Sebi proposes doubling position limits for agri commodity derivatives

The regulator has proposed higher client-level position limits and revised penalties for breaches to improve liquidity and deepen agricultural commodity markets

Updated On: 12 May 2026 | 6:50 PM IST

Sebi proposes phased physical settlement in select agri derivatives

The regulator has proposed allowing select agricultural derivatives contracts to begin with financial settlement before transitioning to compulsory physical delivery

Updated On: 12 May 2026 | 6:45 PM IST

The legal price of State failure: Accountability must bind all authorities

It is now routine for MIIs to face monetary consequences for regulatory failures, through settlement or adjudication, occasionally accompanied by non-monetary sanctions

Updated On: 11 May 2026 | 10:59 PM IST

Sebi mulls allowing depositories to use IPF income for specific expenses

Market regulator says excess expenses beyond the proposed limit must continue to be borne by depositories and unused amounts returned to the IPF corpus

Updated On: 11 May 2026 | 8:16 PM IST

BofA Securities India settles alleged insider trading matter with Sebi

BofA Securities India has settled alleged violations related to insider trading and merchant banking regulations with Sebi after paying ₹58.5 lakh

Updated On: 11 May 2026 | 7:58 PM IST

Sebi proposes green-channel route to speed up AIF scheme launches

Sebi has proposed easing filing norms and reducing timelines for alternative investment fund scheme launches under a green-channel mechanism

Updated On: 11 May 2026 | 6:55 PM IST

Fintech firms form SRO to boost trust in digital precious metals market

Digital gold and silver platforms have formed a self-regulatory body to improve governance, transparency and consumer protection amid regulatory uncertainty

Updated On: 11 May 2026 | 6:49 PM IST

Sebi proposes 'GARUDA' mechanism to speed up AIF scheme launches

The regulator noted that the number of registered AIFs has risen to 1,849 as of March 31, 2026, from 732 five years ago

Updated On: 11 May 2026 | 4:25 PM IST

Treat these novel strategies as diversifiers, not as core holdings

Treat SIFs as satellite holdings, not replacements for core mutual fund holdings, as management and threshold compliance risks remain

Updated On: 10 May 2026 | 9:50 PM IST

Sebi clarifies trading window norms for pledged share transactions

Sebi said designated persons may pledge shares during trading window closure for bona fide purposes such as raising funds, subject to prior approval and compliance checks

Updated On: 09 May 2026 | 9:25 AM IST

Sebi proposes additional measures to strengthen buyback framework

Recommendations follow earlier proposal to re-introduce open market buyback through stock exchange

Updated On: 09 May 2026 | 8:30 AM IST

Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPO

These companies, which filed their preliminary IPO papers between October and February, obtained Sebi's observations during May 4-8

Updated On: 08 May 2026 | 11:13 PM IST

Sebi allows 30-day lag for use of market data in educational content

The framework was further tightened in January 2025, when the regulator stipulated that entities engaged solely in education could use market data only with a three-month lag

Updated On: 08 May 2026 | 9:45 PM IST

Indiabulls Real Estate entities settle matter with Sebi for ₹10.5 crore

Sebi settled proceedings against four entities linked to Indiabulls Real Estate after they collectively paid Rs 10.5 crore in a fund diversion case

Updated On: 07 May 2026 | 11:12 PM IST

Retail trading is becoming more disciplined, says Upstox CEO Ravi Kumar

Upstox CEO Ravi Kumar says retail investors are becoming more discerning and risk-aware, with trading behaviour shifting from momentum-driven bets to more disciplined strategies

Updated On: 07 May 2026 | 7:07 PM IST