Description

Appellate Authority order regarding RTI application concerning SEBI's whistleblower protection policy and handling of corruption complaints against a listed company.

Summary

This is an Appellate Authority order under the Right to Information Act, 2005 in Appeal No. 6654 of 2026 filed by Thomas Kannamangalath Devasia against CPIO, SEBI, Mumbai. The appellant sought information regarding SEBI’s whistleblower protection policies, complaint submission procedures, and actions taken on complaints filed about alleged corruption and fund siphoning in a listed company. The respondent informed that the Office of Informant Protection (OIP) has been established under Chapter IIIA of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations.

Key Points

  • Appellant filed RTI application on November 10, 2025 (received through RTI MIS Portal)
  • CPIO responded on December 02, 2025
  • Appeal filed on December 11, 2025 (Reg. No. SEBIH/A/E/25/00325)
  • Original complaints filed: Complaint No. SEBIE/KN25/BENG/029710/1 dated July 25, 2025 and Complaint No. SEBIE/KN24/BENG/048086/1 dated December 28, 2024
  • Multiple follow-up emails sent on December 06, 2024, July 16, 2025, July 21, 2025, August 19, 2025, and September 11, 2025
  • Office of Informant Protection (OIP) established under Chapter IIIA of SEBI (Prohibition of Insider Trading) Regulations

Regulatory Changes

No new regulatory changes announced. This is an appellate order on an RTI matter.

Compliance Requirements

No new compliance requirements for listed entities or market participants. This is an individual RTI appeal.

Important Dates

  • November 10, 2025: RTI application filed
  • December 02, 2025: CPIO response date
  • December 11, 2025: Appeal filed
  • Original complaints: July 25, 2025 and December 28, 2024

Impact Assessment

This is an individual RTI appeal with no direct market impact. The order addresses procedural questions about SEBI’s whistleblower protection framework and complaint handling mechanisms. No operational or compliance impact on listed companies or market participants.

Impact Justification

Individual RTI appeal concerning procedural matters related to complaint handling and whistleblower protection. No market-wide regulatory changes or compliance requirements for listed entities.