Securities & Exchange Board of India - 2025
Click here for Master Circulars / Regulations / Rules
- Relaxation in timeline for disclosure of allocation methodology by Angel Funds
- Minimum information to be provided to the Audit Committee and Shareholders for approval of Related Party Transactions
- Review of Block Deal Framework
- Extension of timeline for implementation of SEBI Circular dated February 04, 2025 on ‘Safer participation of retail investors in Algorithmic trading’
- Compliance Guidelines for Digital Accessibility Circular ‘Rights of Persons with Disabilities Act, 2016 and rules made thereunder
- SEBI (Custodian) (Amendment) Regulations, 2025
- Ease of doing investment - Smooth transmission of securities from Nominee to Legal Heir
- Framework on Social Stock Exchange
- Revised regulatory framework for Angel Funds under AIF Regulations
- Ease of regulatory compliances for FPIs investing only in Government Securities
- SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2025
- SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2025
- SEBI (Employees’ Service) (Amendment) Regulations, 2025
- SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2025
- Framework for AIFs to make co-investment within the AIF structure under SEBI (Alternative Investment Funds) Regulations, 2012
- Format of Disclosure Document for Portfolio Managers
- SEBI (Share Based Employee Benefits and Sweat Equity) (Amendment) Regulations, 2025
- SEBI (Portfolio Managers) (Amendment) Regulations, 2025
- SEBI (Delisting of Equity Shares) (Amendment) Regulations, 2025
- SEBI (Real Estate Investment Trusts) (Second Amendment) Regulations, 2025
- SEBI (Infrastructure Investment Trusts) (Third Amendment) Regulations, 2025
- SEBI (Investor Protection and Education Fund) (Amendment) Regulations, 2025
- Streamlining of the process for surrender of (Know Your Client) Registration Agency (KRA) registration
- Framework for Intraday Position Limits Monitoring for Equity Index Derivatives
- Extension of timelines and Update of reporting authority for IAs and RAs
- Technical Clarifications to Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)
- Relaxation in the timeline to submit net worth certificate by the Stock Brokers to offer margin trading facility to their clients
- Extension of timeline for implementation of SEBI Circular ‘Margin obligations to be given by way of pledge/Re-pledge in the Depository System’ dated June 03, 2025
- Use of liquid mutual funds and overnight mutual funds for compliance with deposit requirement by Investment Advisers and Research Analysts
- SEBI (Investment Advisers) (Amendment) Regulations, 2025
- SEBI (Research Analysts) (Amendment) Regulations, 2025
- Transaction charges paid to Mutual Fund Distributors
- Review of Framework for conversion of Private Listed InvIT into Public InvIT
- Ease of doing business (EODB) - Policy for joint annual inspection by MIIs – information sharing mechanism– action by Lead MII
- Review, Appeal or Waiver of penalty requests emanating out of actions taken by the Member Committee
- Rights of Persons with Disabilities Act, 2016 and rules made thereunder- mandatory compliance by all Regulated Entities
- Extension of timeline for implementation of Phase II & III of Nomination Circular dated January 10, 2025 read with Circular dated February 28, 2025
- Operational Efficiency in Monitoring of Non-Resident Indians (NRIs) Position Limits in Exchange Traded Derivatives Contracts - Ease of Doing Investment
- Extension of timeline for implementation of SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/0000013 dated February 04, 2025
- Monitoring of Minimum Investment Threshold under Specialized Investment Funds (SIF)
- Gazette Notification for renewal of recognition of Multi Commodity Exchange Clearing Corporation Limited (MCXCCL)
- Ease of Doing Investment - Special Window for Re-lodgement of Transfer Requests of Physical Shares
- Extension towards Adoption and Implementation of Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)
- Industry Standards on “Minimum information to be provided to the Audit Committee and Shareholders for approval of Related Party Transactions”
- Timelines for rebalancing of portfolios of mutual fund schemes in cases of all passive breaches
- Investor Charter Infrastructure Investment Trusts (InvITs)
- Investor Charter Real Estate Investment Trusts (REITs)
- Review of provisions relating to Product Advisory Committee (PAC)
- Centralized Fee Collection Mechanism for Investment Advisers and Research Analysts (CeFCoM) – A secure and closed ecosystem for investors to pay fees to registered Investment Advisers and Research Analysts [Press Release]
- SEBI (Alternative Investment Funds) (Amendment) Regulations, 2025
- Adoption of Standardised, Validated and Exclusive UPI IDs for Payment Collection by SEBI Registered Intermediaries from Investors
- Extension of timeline of additional liquidation period for VCFs migrating to SEBI (Alternative Investment Funds) Regulations, 2012
- Framework for Environment, Social and Governance (ESG) Debt Securities (other than green debt securities)
- Limited relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Margin obligations to be given by way of Pledge/Re-pledge in the Depository System
- Investor Charter for Research Analysts
- Investor Charter for Investment Advisers
- Measures for Enhancing Trading Convenience and Strengthening Risk Monitoring in Equity Derivatives
- Final Settlement Day (Expiry Day) for Equity Derivatives Contracts
- Process for appointment, re-appointment, termination or acceptance of resignation of specific KMPs of an MII and Cooling-off period for KMPs of an MII joining a competing MII and provisions relating to re-appointment of PIDs
- Accessibility and Inclusiveness of Digital KYC to Persons with Disabilities
- Norms for Internal Audit Mechanism and composition of the Audit Committee of Market Infrastructure Institutions
- Securities Contracts (Regulation) Amendment Rules, 2025
- Review of provisions pertaining to Electronic Book Provider (EBP) platform to increase its efficacy and utility
- Simplification of operational process and clarifying regarding the cash flow disclosure in Corporate Bond Database pursuant to review of Request for Quote (RFQ) Platform framework
- Extension of timeline for implementation of provisions of SEBI circular dated December 17, 2024 on Measures to address regulatory arbitrage with respect to Offshore Derivative Instruments (ODIs) and FPIs with segregated portfolios vis-à-vis FPIs
- Rating of Municipal Bonds on the Expected Loss (EL) based Rating Scale
- Investor Charter for Registrars to an Issue and Share Transfer Agents (RTAs)
- Composition of the Internal Audit team for CRAs
- Extension of timeline for complying with the certification requirement for the key investment team of the Manager of AIF
- Review of - (a) disclosure of financial information in offer document, and (b) continuous disclosures and compliances by Real Estate Investment Trusts (REITs)
- Review of - (a) disclosure of financial information in offer document / placement memorandum, and (b) continuous disclosures and compliances by Infrastructure Investment Trusts (InvITs)
- Publishing Investor Charter for KYC (Know Your Client) Registration Agencies (KRAs) on their Websites
- SEBI (Issue and Listing of Securitised Debt Instruments and Security Receipts) (Amendment) Regulations, 2025
- Measure for Ease of Doing Business - Facilitation to SEBI registered Stock Brokers to undertake securities market related activities in Gujarat International Finance Tech-city - International Financial Services Centre (GIFT-IFSC) under a Separate Business Unit (SBU)
- Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Third Amendment) Regulations, 2025
- SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2025
- SEBI (Depositories and Participants) (Second Amendment) Regulations, 2025
- Clarifications to Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)
- Clarificatory and Procedural changes to aid and strengthen ESG Rating Providers (ERPs)
- Extension of timeline for implementation of provisions of SEBI Circular dated December 10, 2024, on optional T+0 settlement cycle for Qualified Stock Brokers (QSBs)
- SEBI (Infrastructure Investment Trusts) (Second Amendment) Regulations, 2025
- Timelines for collection of Margins other than Upfront Margins – Alignment to settlement cycle
- The SEBI (Credit Rating Agencies) (Second Amendment) Regulations, 2025
- SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2025
- Change in cut-off timings to determine applicable NAV with respect to repurchase/ redemption of units in overnight schemes of Mutual Funds
- Trading Window closure period under Clause 4 of Schedule B read with Regulation 9 of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) – Extension of automated implementation of trading window closure to Immediate Relatives of Designated Persons, on account of declaration of financial results
- Specialized Investment Funds (‘SIF’) – Application and Investment Strategy Information Document (ISID) formats
- Clarification on Regulatory framework for Specialized Investment Funds (‘SIF’)
- Amendment to Circular for mandating additional disclosures by FPIs that fulfil certain objective criteria
- Standardized format for System and Network audit report of Market Infrastructure Institutions(MIIs)
- Recognition and operationalization of Past Risk and Return Verification Agency (PaRRVA)
- SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2025
- Relaxation of provision of advance fee restrictions in case of Investment Advisers and Research Analysts
- Clarification on the position of Compliance Officer in terms of regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Extension of timeline for formulation of implementation standards pertaining to SEBI Circular on “Safer participation of retail investors in Algorithmic trading”
- Extension towards Adoption and Implementation of Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)
- Amendment to Master Circular for Infrastructure Investment Trusts (InvITs) dated May 15, 2024
- Amendment to Master Circular for Real Estate Investment Trusts (REITs) dated May 15, 2024
- Intraday Monitoring of Position Limits for Index Derivatives
- Measures to facilitate ease of doing business with respect to framework for assurance or assessment, ESG disclosures for value chain, and introduction of voluntary disclosure on green credits
- Extension of timelines for submission of offsite inspection data
- Extension of timelines for submission of offsite inspection data
- Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Second Amendment) Regulations, 2025
- SEBI (Credit Rating Agencies) (Amendment) Regulations, 2025
- SEBI (Intermediaries) (Second Amendment) Regulations, 2025
- Advisory to SEBI Registered Intermediaries- Uploading advertisements on Social Media Platforms (SMPs) [Press Release]
- Industry Standards on “Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction”
- Facilitating ease of doing business relating to the framework on “Alignment of interest of the Designated Employees of the Asset Management Company (AMC) with the interest of the unitholders”
- Disclosure of holding of specified securities and Holding of specified securities in dematerialized form
- Online Filing System for reports filed under Regulation 10(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Harnessing DigiLocker as a Digital Public Infrastructure for reducing Unclaimed Assets in the Indian Securities Market
- Framework on Social Stock Exchange (SSE)
- SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2025
- Faster Rights Issue with a flexibility of allotment to specific investor(s)
- SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2025
- Corrigendum to the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2025
- Relaxation in timeline for reporting of differential rights issued by AIFs
- Notification under Section 2(1)(u) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
- Industry Standards on Key Performance Indicators (“KPIs”) Disclosures in the draft Offer Document and Offer Document
- Amendments and clarifications to Circular dated January 10, 2025 on Revise and Revamp Nomination Facilities in the Indian Securities Market
- Regulatory framework for Specialized Investment Funds (‘SIF’)
- Timelines for deployment of funds collected by Asset Management Companies (AMCs) in New Fund Offer (NFO) as per asset allocation of the scheme
- Launch of ‘Bond Central’ - A Centralised Database Portal for Corporate Bonds [Press Release]
- Industry Standards on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Opening of Demat Account in the name of Association of Persons
- Investor Charter for Stock Brokers
- Clarification regarding Investor Education and Awareness Initiatives
- Most Important Terms and Conditions (MITC) for Research Analysts
- Most Important Terms and Conditions (MITC) for Investment Advisers
- Notification under SEBI (Certification of Associated Persons in the Securities Markets) Regulations, 2007 - Research Analyst (RA) Certification Examination
- SEBI (Mutual Funds) (Amendment) Regulations, 2025
- Industry Standards on “Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction"
- Revised timelines for issuance of Consolidated Account Statement (CAS) by Depositories
- Relaxation in timelines for holding AIFs’ investments in dematerialised form
- SEBI (Investor Charter) (Amendment) Regulations, 2025
- SEBI (Depositories and Participants) (Amendment) Regulations, 2025
- SEBI (Intermediaries) (Amendment) Regulations, 2025
- Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2025
- Service platform for investors to trace inactive and unclaimed Mutual Fund folios- MITRA (Mutual Fund Investment Tracing and Retrieval Assistant)
- Facilitation to SEBI registered Stock Brokers to access Negotiated Dealing System-Order Matching (NDS-OM) for trading in Government Securities- Separate Business Units (SBU)
- Safer participation of retail investors in Algorithmic trading
- Framework for Monitoring and Supervision of System Audit of Stock Brokers (SBs) through Technology based Measures
- Parameters for external evaluation of Performance of Statutory Committees of Market Infrastructure Institutions (MIIs); and Mechanism for internal evaluation of Performance of MIIs and its Statutory Committees
- Details/clarifications on provisions related to association of persons regulated by the Board, MIIs, and their agents with persons engaged in prohibited activities
- Format of Due Diligence Certificate to be given by the Debenture Trustees
- Development of Web-based portal: iSPOT(Integrated SEBI Portal for Technical glitches) for reporting of technical glitches
- Timeline for Review of ESG Rating pursuant to occurrence of ‘Material Events’
- Disclosure of Risk adjusted Return - Information Ratio (IR) for Mutual Fund Schemes
- Circular on Revise and Revamp Nomination Facilities in the Indian Securities Market
- Procedure for seeking waiver or reduction of interest in respect of recovery proceedings initiated for failure to pay penalty
- Guidelines for Research Analysts
- Guidelines for Investment Advisers
- Measures for Ease of Doing Business for Credit Rating Agencies (CRAs) – Timelines
- Measure for ease of doing business - Settlement of Account of Clients who have not traded in the last 30 days
