Sebi Chief Emphasizes Streamlined Disclosure and Investment Opportunities

Sebi Chief Madhabi Puri Buch announced upcoming changes that will streamline disclosure practices between stock exchanges and make SIPs more accessible with a minimum of Rs 250 per month. She also addressed conflicts of interest allegations and highlighted the importance of technology adoption and language inclusivity in IPO documents.

In a significant move for capital markets, Sebi Chief Madhabi Puri Buch revealed plans for streamlined disclosure processes, where a single filing by a listed company on one stock exchange will automatically be mirrored on the other. This comes as part of a series of proposed changes influenced by recommendations from a committee led by former Sebi member S K Mohanty.

Speaking at a CII event, Buch disclosed that investors will soon be able to start SIPs with as low as Rs 250 per month. However, she abstained from commenting on Real Estate Investment Trusts (REITs) due to potential conflict of interest allegations involving her husband's association with private equity major Blackstone.

Additionally, Buch emphasized the need for technological advancements in the market and announced plans to make IPO documents available in multiple languages to eliminate language barriers and enhance investor awareness. She reiterated the regulator's focus on industry capital creation and wealth generation for citizens.

(With inputs from agencies.)