Sebi Norms

Market reforms: The unfinished agenda

Consistent publication of dispute rulings, standardised document requirements for claims and a name-based search facility could help families trace unclaimed mutual fund investments

Sebi mulls automatic approval for investments, activities by exchanges

Sebi has proposed an automatic approval route for certain activities and investments by market infrastructure institutions, subject to financial limits and governance safeguards.

Sebi allows margin relief on subsequent trades against early pay-in

Sebi has allowed margin relief on subsequent cash-market trades against accepted early pay-in of securities, easing margin requirements for clients with net sell obligations.

Sebi's CAS rollback may offer new lifeline to Indian derivatives market

The reversal could provide a much-needed boost to a market grappling with regulatory curbs aimed at reining in speculative trading

CAS review: Sebi announces last 30-minute VWAP method for settlement

Sebi has revised the closing auction session framework, adopting the last 30-minute VWAP for derivatives settlement and changing trading hours from December 7, 2026.

Flexibility for AIFs is not relaxation but more responsibility: Sebi WTM

Sebi whole-time member Sandip Pradhan said regulation of private markets will increasingly need to be proportionate, data-driven and risk-based as the sector expands

Sebi confirms Rajesh Exports curbs, flags incomplete information in probe

Rajesh Mehta remains barred from dealing in Rajesh Exports securities as Sebi examines financial disclosures, subsidiary consolidation and alleged related-party fund routing.

Sebi shares trade data with Jane Street, seeks response to allegations

The Securities and Exchange Board of India has provided time, quantity and pricing details of actual trades

Sebi CAS review draws over 20K responses; traders resist VWAP shift

FIA, a global body of traders and exchanges, favours the 30-minute CTS-VWAP option and continuous trading till 3:30 pm

Sebi to soon issue framework on CAS; receives over 3,500 comments

Market regulator Sebi will soon issue a framework on proposed changes to the Closing Auction Session (CAS) mechanism after receiving more than 3,500 comments on its consultation paper, its Chairman Tuhin Kanta Pandey said on Saturday. The Securities and Exchange Board of India (Sebi) had sought public comments on its proposal to review certain aspects of the CAS, market timings and the settlement methodology for derivative contracts. The deadline for submitting comments is October 3. Asked when the final framework or circular on CAS can be expected, Pandey said the regulator would quickly examine the responses and move ahead with the process. "Today is the last date, and we will actually quickly look at all these comments and go ahead, because I think our proposals are quite clear," Pandey said at an event organised by CPAI (Commodity & Capital Market Participants Association of India). The regulator would not require much time to compile and analyse the responses as the proposals

Pioneer Fil-Med, Tonbo Imaging among 3 firms to get Sebi nod for IPOs

Pioneer Fil-Med, Tonbo Imaging India and Functional & Innovative Foods have secured approval from capital markets regulator Sebi for their proposed initial public offerings (IPOs), paving the way for the three companies to proceed with their public issue plans. The draft offer documents of the three companies were received by Sebi between April and August. After reviewing the documents, the regulator gave its observations during September 21-25, an update with the markets watchdog showed on Monday. The regulator's observations are a key regulatory step that enables companies to proceed with their IPOs, subject to applicable laws and other requirements. Railway components maker Pioneer Fil-Med's proposed Rs 500 crore IPO comprises a fresh issue of equity shares worth Rs 250 crore and an Offer for Sale (OFS) of shares worth Rs 250 crore, according to its draft papers. The OFS will comprise stake sales by promoter Pioneer Facor IT Infradevelopers and promoter group entity Aztech ...

Sebi's settlement norms overhaul: Rejig may aid diverted funds' recovery

The regulator's approved settlement framework includes changes on settlement amount calculation, wrongful gains, fast-track cases and wider access to settlement

Sebi taps AI in growing fight against market manipulation and fraud

India's markets regulator is using AI and machine learning to scan trading data, social media and derivatives activity for anomalies as complex markets challenge traditional surveillance methods

Sebi may take up PMS regulation overhaul at September 24 board meeting

Reforms for debt segment and accredited investors are also on cards; gift cards for MFs may not be approved

India's ₹86 trillion urban infrastructure push may spur municipal bonds

Sebi's proposal seeks to lower entry barriers for smaller towns as India faces an estimated ₹82-86 trillion funding requirement for urban infrastructure by FY31

Sebi proposes stronger tech resilience norms for exchanges, depositories

The proposed framework seeks to shorten disaster recovery drills to at least four hours while strengthening operational resilience and data recovery requirements

Sebi proposes changes to derivatives settlement, closing auction timings

The regulator has floated two expiry-day settlement methodologies, two alternatives for market timings and changes to order cancellation and Iceberg orders during CAS

Sebi proposes net settlement of cash market trades for mutual funds

The proposal would extend to domestic mutual funds a facility that the Sebi already permitted for foreign portfolio investors earlier this year

Sebi plans bigger institutional role in public offers by small firms

The regulator is also mulling raising the limit on the size of ​companies that can list on platforms dedicated to small firms and mandating larger operating profit requirements before listing

Framework for monitoring utilisation of issue proceeds under review: Sebi

Market regulator Sebi is reviewing the framework for monitoring and disclosing utilisation of issue proceeds to improve timely disclosures and streamline the compliance process, Sebi Chairman Tuhin Kanta Pandey said on Saturday. Addressing the Institute of Directors' Annual Directors' Conclave 2026, Pandey said transparency is not merely about the volume of information disclosed by a company but about whether the information helps investors understand what matters. "We are reviewing the framework for monitoring and disclosure of utilisation of issue proceeds, with the objective of improving timely disclosures and streamlining the compliance process," Pandey said. He said a company making a disclosure does not necessarily mean it has become transparent. "True transparency is not the volume of information. It is the quality, timeliness and usefulness of information," the Sebi chairman said. Pandey said the regulator has progressively strengthened the framework for disclosure of mate