Regulatory Update (APR-SEP 2025) - Securities

Updated: 06 Oct, 2025

The Indian securities regulatory landscape in the first half of the FY 2025–26 has continued its trajectory of reform, with a vision to deepen market participation, bolster investor confidence, and reinforce governance across capital markets. A significant thrust has been placed on safeguarding public investors — with updated frameworks for preferential issues, increased scrutiny on related party transactions, and refined timelines for rights issues and buybacks. SEBI has also introduced procedural enhancements for social stock exchanges and ESG disclosures, reflecting India’s commitment to sustainable investing and inclusive growth. Foreign Portfolio Investors (FPIs) witnessed regulatory refinements focused on risk-based KYC norms and beneficial ownership disclosures, aimed at promoting transparency without compromising ease of access. Meanwhile, surveillance mechanisms for algorithmic trading and market abuse have been strengthened, considering the ever evolving technological and operational risks.