India’s markets regulator SEBI has announced a special window to ease transfer and dematerialisation of physical securities, including those sold or purchased before April 1, 2019. Additionally, SEBI issued an adjudication order in the matter of three-way reversals executed by certain entities in the illiquid stock options segment on NSE.
The Securities and Exchange Board of India (SEBI) has introduced new measures aimed at improving ease of doing investment and strengthening market transparency. A special window will be opened for investors to transfer and dematerialise physical securities, particularly those transacted before April 1, 2019. This initiative is expected to streamline compliance and enhance investor convenience.
In parallel, SEBI has issued an adjudication order concerning irregularities in the illiquid stock options segment of the National Stock Exchange (NSE). The order addresses three-way reversal trades executed by certain entities, reinforcing SEBI’s commitment to curbing manipulative practices and ensuring fair market conduct.
Key Highlights:
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Ease of Investment: Special window for transfer/dematerialisation of physical securities.
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Coverage: Includes securities sold/purchased before April 1, 2019.
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Regulatory Action: Adjudication order issued on three-way reversals in NSE’s illiquid stock options segment.
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Objective: Enhance transparency, investor protection, and market integrity.
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Impact: Greater compliance ease for investors and stronger deterrence against market manipulation.
Sources: Securities and Exchange Board of India (SEBI), Reuters, Business Standard.