SEBI celebrated its 38th Foundation Day on April 25, 2026, in Mumbai. Hon’ble Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman was the Chief Guest. SEBI Chairman Shri Tuhin Kanta Pandey delivered a welcome address themed ‘38 Years of Trust, Transformation and Tomorrow,’ and senior SEBI officials along with heads of Market Infrastructure Institutions attended the event.

Key Points

• SEBI’s 38th Foundation Day was held in Mumbai on April 25, 2026, with Finance Minister Nirmala Sitharaman as Chief Guest.
• Chairman SEBI highlighted the resilience of Indian markets amid global uncertainty, crediting institution-building, sound regulation, and stakeholder collaboration.
• Finance Minister noted landmark SEBI achievements: T+1 settlement cycle, ASBA eliminating refund cycles, and India being the first jurisdiction to enable IPO applications via UPI.
• SEBI’s legal enforcement success rates cited: over 90% in the Supreme Court, 73% at SAT, and 92% at Civil Courts/NCLT.
• FM emphasized that investor trust and market integrity are public goods, and SEBI must remain uncompromising in enforcement.
• SEBI’s actions against unregistered ‘fin-fluencers’ were appreciated as a signal of regulatory seriousness toward unlicensed financial advice.
• ‘Niveshak Shivir’ programmes by SEBI and IEPFA to reduce unclaimed financial assets and raise investor awareness were highlighted for continuation.
• FM called for soft-touch regulation, public consultation, and principles-based regulatory approaches.

Regulatory Changes

No new regulatory changes were announced. The event was ceremonial in nature, with policy direction signals rather than binding directives.

Compliance Requirements

No new compliance requirements were introduced as part of this press release.

Important Dates

• April 25, 2026: SEBI’s 38th Foundation Day event held in Mumbai.

Impact Assessment

This is an informational press release with no direct market or operational impact. The policy signals — emphasis on enforcement against fin-fluencers, principles-based regulation, and investor education — may inform future regulatory actions but impose no immediate obligations on market participants.