SEBI Reviewing LODR, Delisting, KYC & AI-Related Norms As Part Of Market Reforms: Chairman Tuhin K. Pandey

Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has said the regulator is reviewing several market regulations as part of efforts to strengthen Corporate Governance, improve market efficiency, and enhance investor confidence.

Among the frameworks under review are the Listing Obligations and Disclosure Requirements (LODR) regulations, delisting norms, rules governing Independent Directors, derivatives markets, short-selling mechanisms, and KYC requirements for foreign investors and non-resident Indians (NRIs).

Pandey said the LODR framework is being examined to ensure it remains aligned with evolving governance standards and disclosure expectations. The review is expected to assess whether existing provisions adequately address changing market requirements and stakeholder expectations.

SEBI is also evaluating the delisting framework, with a focus on ensuring balanced mechanisms for companies seeking to exit public markets while safeguarding investor interests. According to Pandey, an effective capital market should provide both fair opportunities for listing and transparent avenues for delisting.

The regulator is also examining emerging areas, including artificial intelligence-related governance issues, as part of its broader reform agenda aimed at supporting the development of India’s capital markets and strengthening regulatory oversight.