Page 4 - Sebi

From trades to balance sheets: Sebi to widen AI surveillance net

The market regulator plans to use a dedicated AI model to track quarterly results and flag financial misstatements and manipulation without waiting for investor complaints

Sebi to introduce IT Resilience Index for market infra institutions

Markets regulator Sebi on Monday decided to introduce an IT Resilience Index (ITRI) to assess the functioning and resilience of information technology systems of market infrastructure institutions (MIIs), including stock exchanges, depositories and clearing corporations. The move is aimed at strengthening oversight of the resilience of IT systems and identifying emerging weaknesses at an early stage, so that timely corrective measures can be taken. Under the framework, the ITRI will be computed using a uniform set of nine parameters, each carrying a specific weightage to ensure comparability across MIIs, Sebi said in its circular. Availability and security will carry the highest weightage of 20 per cent each, followed by integrity, governance, reliability and monitoring, business continuity, and modularity and flexibility at 10 per cent each. Scalability and other aspects, including incident handling, will account for the remaining 5 per cent each. Sebi said MIIs will also develop

Sebi rejects settlement applications by 13 foreign funds in Adani probe

Some of the funds were unwilling to provide information the regulator considered necessary to settle the case, while others resisted demands to disgorge money sought by Sebi

Street signs: Sebi to bring out clearer RPT and disclosure framework

Sebi is looking to clarify related-party transaction and disclosure norms, while NSE has tightened timelines for brokers to act on non-compliant authorised persons

A losing proposition

Indian households at the net level lost more than ₹2 trillion in the equity derivatives segment of the stock market over the past two years

Derivatives market gets Gen Z twist, but losses cast a long shadow: Sebi

The country's equity derivatives market has taken on a notably younger profile, with traders under 30 making up 43 per cent of individual participants in FY26, a sharp rise from 31 per cent four years earlier, according to a study. However, the younger cohort also recorded a higher incidence of losses, the study by the Securities and Exchange Board of India (Sebi) revealed. Around 89 per cent of traders below 30 were loss-makers in FY26 compared to 81 per cent of participants above 60. The changing age profile is part of a wider transformation in the retail derivatives market, which has increasingly drawn investors outside India's largest cities and from relatively lower-income groups. About three-fourths of individual derivatives traders belonged to the annual income category of below Rs 5 lakh. This group accounted for 43 per cent of turnover, but 53 per cent of aggregate losses, the regulator said. Around 88 per cent of traders in this income category incurred losses, compared

Sebi proposes channel partners to expand retail access to bonds in India

Market regulator Sebi has proposed introducing a framework for Fixed Income Channel Partners to broaden retail participation in fixed-income securities through online bond platform providers (OBPPs). The proposal aims to improve access to fixed-income products in Tier-II, Tier-III cities and rural areas, according to a consultation paper issued by Sebi on Friday. Under the proposed framework, individuals and non-individual entities listed on stock exchanges could act as Fixed Income Channel Partners (FICPs) and facilitate the distribution of permitted fixed-income securities through OBPPs. Individuals would need to be Indian citizens, be at least 18 years of age, have passed Class 12, and hold a valid NISM Series: Fixed Income Securities certification, among other requirements. Mutual fund distributors registered with AMFI would also be eligible to apply for FICP status without paying the applicable enlistment fee, subject to passing the relevant NISM certification. Sebi said ...

Sebi proposes tighter curbs on promotional claims by online bond platforms

Sebi has proposed tighter advertising norms for online bond platform providers, including restrictions on promotional claims that could encourage investors to make decisions without adequate due diligence. The proposed revised advertisement code seeks to address the growing use of digital advertising, social media and influencer-led promotions by online bond platforms, according to a consultation paper issued by the regulator on Friday. The regulator has proposed restrictions on advertisements that use urgency, behavioural prompts, and fear-of-missing-out messaging, which may encourage investors to act without adequate due diligence. For advertisements featuring specific securities, OBPPs would be required to provide standardised information, including the issuer, tenor, credit rating, nature of the security, clean and dirty prices, yield to maturity and the Credit Risk-o-meter. The regulator has also proposed guidelines governing the use of terms such as "fixed returns", "predicta

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

Sebi proposes distribution model to deepen corporate bond reach

This follows recent proposals to ease fundraising and improve risk disclosure to support debt mkt

Online Instruments India gets Sebi approval to float IPO worth ₹750 cr

Online Instruments has secured Sebi's approval to raise funds through an initial public offering, an update with the market regulator showed on Friday. The Bengaluru-based Online Instruments had filed its draft papers in May. After this, Sebi issued its observations on August 18, 2026, the data showed. In Sebi's parlance, obtaining observations is equivalent to securing approval to float a public offering. Online Instruments (India) Ltd's maiden public offering will be a fresh issue of equity shares worth Rs 750 crore and an offer for sale of up to 57.10 lakh equity shares by promoters Anita Mahesh Bellad and Rajeshwari Shivanand Mahashetti. The company may also undertake a pre-IPO placement of up to Rs 150 crore. If such placement is completed, the size of the fresh issue will be reduced accordingly. Proceeds from the fresh issue to the extent of Rs 160 crore will be used for repayment or prepayment of certain borrowings, Rs 330 crore for funding working capital requirements, bes

Sebi cancels registration of 15 investment advisers, 25 research analysts

Capital markets regulator Sebi on Friday cancelled the registration certificates of 15 investment advisers after they failed to pay the mandatory renewal fees. Under the Sebi (Investment Advisers) Regulations, 2013, registered investment advisers are required to pay a renewal fee every five years to keep their registration valid. Sebi found that the 15 advisers had failed to pay the renewal fees within the stipulated period. The regulator issued notices to these entities in June, asking them to explain why their registrations should not be suspended or cancelled. However, no replies were received within the prescribed time. The Securities and Exchange Board of India (Sebi) said the registrations had ceased to remain in force due to non-payment of renewal fees and, therefore, cancelled their certificates with immediate effect. The regulator clarified that cancellation of registration does not absolve the entities of liabilities arising from their past activities as registered ...

Sebi's swift action against JPMorgan unit seen as warning to traders

The crackdown underscores the regulator's determination to ensure the success of the so-called Closing Auction System, one of the biggest reforms to India's stock market in recent years

Active derivatives traders fall 18% in FY26 to 8.75 million: Sebi study

Individual traders' aggregate net losses declined 18 per cent to Rs 91,685 crore, but the average net loss per trader rose 2.4 per cent to Rs 1.17 lakh in FY26

Behind CAS spikes: Copthall's aggressive buys, Mansi's sell orders

Sebi alleges the two entities independently placed and cancelled aggressive orders in Sensex constituents to influence closing prices and benefit their derivatives positions

Sebi permits digitally signed power of attorney to ease FPI onboarding

Sebi eases FPI onboarding with digital powers of attorney, while Gaja Capital's IPO gains traction and NSE weighs allowing its shares to trade on its own platform

Sebi permits IFSCA-regulated entities to access KRA records for KYC

Markets regulator Sebi on Thursday allowed entities regulated by the IFSCA to access the systems of registered KYC registration agencies, facilitating seamless sharing of client information for financial services. The markets watchdog said the step will enable interoperability and facilitate sharing of information between Sebi-registered KRAs and entities regulated by IFSCA. Under the move, the International Financial Services Centres Authority (IFSCA) regulated entities can access KYC Registration Agencies (KRAs) records for carrying out KYC of clients who engage them for financial services, Sebi said. A KYC Registration Agency (KRA) is an agency that maintains investors' KYC (Know Your Customer) records. KYC is the process through which financial institutions verify the identity and other required details of their clients. The Securities and Exchange Board of India (Sebi) has included IFSCA-regulated entities under Regulation 16A(1) of the KYC Registration Agency Regulations, 201

Sebi to test bond tokenisation, eyes deeper corporate bond repo market

The pilot, being taken forward with the RBI, will test shared-ledger technology for faster settlement, automated coupon payments and other bond-servicing events

Sebi bets on trading reforms to reverse outflow of foreign capital

The proposed changes include lower collateral requirements in cash equities and measures to encourage longer-dated derivatives as foreign ownership hits a 17-year low

Nifty makes history; fails to cross previous day's high for 12 straight sessions

While Nifty may be struggling to make new highs, history, analysts said, suggests such extended periods of failing to cross the previous day's high have often been followed by a meaningful upside.