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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

Long-awaited NSE IPO set to advance; draft papers likely next week

This comes after NSE's board approved the proposed IPO on February 6, following receipt of Sebi's no-objection certificate (NOC)

Updated On: 14 Jun 2026 | 10:41 AM IST

Sebi challenges SAT relief to Sahara managers in ₹14,106 crore OFCD case

Supreme Court to hear regulator's plea on June 18; tribunal had upheld action against SICCL but spared four managers and company secretary

Updated On: 13 Jun 2026 | 4:05 PM IST

How Sebi's exit review may reshape delisting playbook for companies

The review extends Sebi's broader push to make market entry and exit less cumbersome, with startup listings and NRI know-your-customer rules also under focus

Updated On: 13 Jun 2026 | 2:48 PM IST

SAT defers hearing on FPIs' appeal against Sebi proceedings to June 22

The Securities Appellate Tribunal deferred hearing on an appeal by five foreign portfolio investors challenging alleged procedural lapses in Sebi's adjudication proceedings

Updated On: 12 Jun 2026 | 10:32 PM IST

Will review short-selling framework: Sebi chief Tuhin Kanta Pandey

Sebi Chairman Tuhin Kanta Pandey outlined plans to review short-selling norms, introduce bond index derivatives and issue guidelines on the responsible use of AI

Updated On: 12 Jun 2026 | 10:11 PM IST

Reliance Power, Reliance Infra appeal Sebi order blocking fundraising plans

Reliance Power and Reliance Infrastructure have challenged Sebi's refusal to grant relief from restrictions linked to Anil Ambani, citing the impact on capital-raising plans

Updated On: 12 Jun 2026 | 5:57 PM IST

Foreign funds move SAT against Sebi over adjudication procedure dispute

Five FPIs named in Hindenburg Research's Adani report have challenged Sebi's adjudication process, alleging procedural lapses in the handling of show-cause notices

Updated On: 11 Jun 2026 | 11:52 PM IST

Sebi pushes back merchant banker SBU and net worth norms deadlines

The deadline for merchant bankers to intimate Sebi regarding their categorisation as Category I or Category II merchant bankers has also been extended to March 31, 2027, from January 2, 2027

Updated On: 11 Jun 2026 | 10:15 PM IST

Sebi proposes unified stock pricing framework across exchanges

The regulator has proposed a common framework for determining stock base prices and price bands across exchanges to address price divergence in illiquid securities

Updated On: 11 Jun 2026 | 7:05 PM IST

Planning to use algo trading? Key checks retail investors must make

Check back-test and live-trading data, drawdowns, and net-of-cost returns before you adopt an algo

Updated On: 11 Jun 2026 | 5:44 PM IST

Nuvama gets nod for MF biz, eyes SIF foray; CMR Green shares up 29%

Nuvama gets Sebi approval to enter the mutual fund business, while CMR Green Technologies surges 29% on debut after a heavily subscribed IPO

Updated On: 10 Jun 2026 | 10:43 PM IST

Sebi mistook Valcambi's Editda as revenue; all records submitted: REL

The regulator flagged what it called a prima facie misrepresentation of the company's financial position, noting that nearly the entire reported revenue was attributed to overseas subsidiaries

Updated On: 10 Jun 2026 | 9:34 PM IST

Sebi proposes consolidated executive pay disclosures for mutual fund AMCs

Proposes aggregate remuneration reporting in place of individual-level disclosures

Updated On: 10 Jun 2026 | 8:47 PM IST

Rajesh Exports says will cooperate with audit, won't challenge Sebi's order

Rajesh Mehta denied allegations that Rajesh Exports Ltd (REL) had impeded the audit process and said the company had been forthcoming with investigators throughout

Updated On: 10 Jun 2026 | 6:40 PM IST

Nuvama gets Sebi's green light to commence its mutual fund business

The approval paves the way for the company to establish its mutual fund business and expand its asset management offerings

Updated On: 10 Jun 2026 | 5:51 PM IST

Sebi mulls easing executive remuneration disclosure norms for AMCs

Sebi has proposed replacing individual executive pay disclosures at mutual fund AMCs with consolidated figures, citing privacy and competitiveness concerns

Updated On: 10 Jun 2026 | 5:31 PM IST

Best of BS Opinion: Reforming institutions, governance for a changing India

Today's Opinion page examines fertiliser subsidy reform, urban governance failures, market regulation, industrial financing and antibiotic resistance through the lens of institutional accountability

Updated On: 10 Jun 2026 | 6:15 AM IST

Sebi may widen 50% overlap rule to thematic passive mutual fund schemes

Curb on number of smart-beta schemes also likely; move aimed at curbing proliferation in segment

Updated On: 10 Jun 2026 | 12:24 AM IST

Rules for market infrastructure institutions must be subject to oversight

Institutions exercising public regulatory power must not remain outside meaningful oversight

Updated On: 09 Jun 2026 | 10:37 PM IST

Canara Bank's ₹509-crore Rajesh Exports exposure: All you need to know

The Rajesh Exports-Sebi case has renewed attention on Canara Bank's ₹509-crore exposure and the trade-finance transactions that linked the company to its Swiss subsidiary

Updated On: 09 Jun 2026 | 5:05 PM IST