SEBI’s chairperson announced that the regulator is in the final stages of approving the National Stock Exchange’s long‑awaited public offering, with a no‑objection certificate expected very soon.
SEBI’s Update on the NSE IPO
During a conversation with a news agency, SEBI chairman Tuhin Kanta Pandey said the agency is "at a very advanced stage" of issuing the NOC for the NSE IPO, possibly within the month. While he did not give a firm date, the comment signals a clear move toward green‑lighting the listing.
Steps NSE Took to Address Regulatory Concerns
- Changed senior management and restructured its board.
- Strengthened compliance systems and settled past regulatory cases.
- Paid a Rs 643 crore penalty in October 2024 to resolve the Trading Access Point (TAP) issue.
These actions were taken after the exchange’s earlier draft prospectus in 2016 was stalled due to alleged misuse of its algorithmic trading platform.
SEBI’s Wider Market Safeguards
The regulator is also tightening oversight of digital platforms. More than 100,000 pieces of misleading content have been taken down from social media in recent months, using an AI‑driven tool called AI Sudarshan that spots illegal market‑related posts.
New Tools for Investor Protection
- SEBICheck: A quick verification service that lets investors confirm whether a bank account, UPI handle or QR code is authorized for securities transactions.
- Multilingual awareness campaigns: SEBI will roll out education material in several languages and formats, including short videos and reels, to reach younger investors.
Investors are urged to use SEBICheck before sending money, as fraudsters often misuse SEBI’s name and logo.
Regulatory Stance on Derivatives and Gold Products
SEBI does not plan immediate changes to derivatives rules. The regulator is reviewing data from measures introduced between October 2024 and December 2025 before deciding on any next steps.
Gold exchange‑traded funds (ETFs) continue to operate smoothly, whereas electronic gold receipts (EGRs) have faced some operational hiccups.
Disclaimer
Remember, this is perspective, not a prediction. Do your own research and consider your personal financial situation before making any investment decisions.