6 days ago

SEBI Chief Urges Entrepreneurs to See Public Markets as Partners

SEBI Chief Urges Entrepreneurs to See Public Markets as Partners
Capital raising not just a fund-raising event or an exit route: Tuhin Kanta Pandey · financialexpress.com

Tuhin Kanta Pandey, the head of SEBI, spoke to entrepreneurs in Mumbai.

He said companies should not use public markets only to raise money or let early investors sell their shares.

Instead, companies should see public investors as long-term partners.

Listed companies must be responsible to many shareholders, including families investing their savings.

Pandey said good boards and strong corporate governance can help businesses grow.

He also said companies should protect minority shareholders and build trust.

Businesses need to prepare for technology risks such as cyber incidents and data breaches.

He encouraged companies to invest patiently in research and development and expand beyond big cities.

Key facts

Speaker
Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India
Event
Fortune 40 Under 40 awards
Location
Mumbai
Public-market responsibility
Listed companies are accountable to a wider shareholder base, including people investing household savings.
Board planning
New-age companies should build boards capable of supporting them over five to 10 years.
Technology risks
Pandey cited cyber incidents, data breaches and technology dependencies as risks requiring board attention.
Economic inclusion
Expansion into tier-II and tier-III cities could improve smaller businesses’ access to jobs, technology, finance and markets.

Sources

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