1 week ago
SEBI Reviews Issue-Proceeds Disclosures and Corporate Compliance Rules
SEBI is checking whether companies clearly explain how they use money raised from investors.
The regulator wants this information to reach investors on time.
It also wants companies to face fewer complicated reporting requirements.
SEBI Chairman Tuhin Kanta Pandey said that sharing lots of information does not always mean being transparent.
He said information should be useful, accurate and timely.
SEBI plans to make rules for related-party transactions clearer.
These rules are meant to ensure that possible conflicts receive proper scrutiny while investors remain protected.
The regulator also wants to prevent different exchanges from imposing duplicate fines for the same issue.
SEBI is reviewing how companies monitor and disclose the use of funds raised through public issues.
Chairman Tuhin Kanta Pandey said transparency depends on information quality, timeliness and usefulness, not disclosure volume.
SEBI plans to clarify related-party transaction rules while preserving safeguards for investors.
The regulator is proposing a framework to avoid duplicate fines from multiple exchanges for the same matter.
Material-event disclosure rules have been strengthened through materiality thresholds and specified timelines.
- Who
- The Securities and Exchange Board of India and its Chairman Tuhin Kanta Pandey.
- What
- SEBI is reviewing rules for issue-proceeds disclosures, related-party transactions and duplicate exchange fines.
- Where
- The Institute of Directors’ Annual Directors’ Conclave 2026 in New Delhi.
- When
- Pandey discussed the proposals on Saturday; the articles were published on August 23, 2026.
- Why
- To improve the quality and timeliness of disclosures, clarify compliance requirements and reduce unnecessary duplication while protecting investors.
Regulatory Simplification
Investor Protection
Issue-proceeds reporting
Regulatory Simplification
SEBI wants disclosures to be more timely while reducing compliance complexity for companies.
Investor Protection
Disclosures should remain sufficiently detailed and useful for investors to make informed decisions.
Related-party transactions
Regulatory Simplification
Requirements should be clearer and more workable for issuers.
Investor Protection
The framework must retain safeguards and appropriate scrutiny for transactions involving potential conflicts.
Exchange fines
Regulatory Simplification
Companies listed on multiple exchanges should not face duplicate fines for the same matter.
Investor Protection
The articles do not report a specific opposing response, but any reduction in enforcement duplication is intended to preserve the purpose of regulation.
Key facts
- Regulator
- Securities and Exchange Board of India (SEBI)
- Chairman
- Tuhin Kanta Pandey
- Main review
- Monitoring and disclosure of funds raised through public issues
- Transparency standard
- Information should be useful, timely and high quality rather than simply voluminous
- Related-party transactions
- SEBI plans clearer, more workable requirements while retaining investor safeguards
- Multiple listings
- A proposed framework would avoid duplicate fines by multiple exchanges for the same matter
- Material-event disclosures
- Rules include materiality thresholds and specified timelines
Quotes
Tuhin Kanta Pandey
SEBI Chairman
“We propose to further clarify the framework on related-party transactions, so that the requirements are clear and workable for issuers while retaining the necessary safeguards for investors.”
thehindubusinessline.com
“For entities listed on multiple exchanges, for example, we are proposing a framework to avoid duplication of fines levied by multiple exchanges for the same matter.”
thehindubusinessline.com







