Archive · 4 Sep 2025
SEBI to Implement New Governance Rules and Appoint Member
SEBI, the stock market regulator, is changing some rules.
They're going to make sure important people at market companies have clear jobs.
They also need to hire another Whole-Time Member, like a board member.
The government is looking for people to apply by early October.
These changes aim to improve how the market works and is run.
They also impact how funds are managed and how information is shared.
One current board member's term ends in October.
SEBI will introduce tighter governance rules for Market Infrastructure Institutions (MIIs).
The board will consider modifications to client codes and related transactions.
The Department of Economic Affairs is taking applications for a second Whole-Time Member (WTM).
Ananth Narayan's tenure as WTM is set to end in October.
The new WTM will serve up to five years or until age 65, with re-appointment possible.
- Who
- SEBI
- What
- Is set to introduce new governance rules and fill a Whole-Time Member position.
- When
- Applications are being accepted with an October 6 deadline and board meeting on September 12.
- Where
- Securities and Exchange Board of India (SEBI)
- Why
- To strengthen governance and fill vacant positions.
- Organization
- Securities and Exchange Board of India (SEBI)
- SEBI Board Meeting Date
- September 12
- WTM Application Deadline
- October 6
- Current WTMs
- Ananth Narayan G, Amarjeet Singh, Kamlesh Chandra Varshney
- New WTM Tenure
- Up to 5 years, until age 65
- New WTM Salary
- ₹5,00,000 per month
- Existing WTM
- Ananth Narayan
- Narayan's Tenure End
- October