Finance Minister Nirmala Sitharaman on Thursday tabled the Securities Markets Code, 2025, in the Lok Sabha to consolidate and amend the laws relating to the securities markets.
The Bill seeks to simplify the Indian securities markets laws, replacing three decades-old Acts — the SEBI Act, 1992, the Depositories Act, 1996, and the Securities Contracts (Regulation) Act, 1956 — and proposing a single legislative framework.
The Securities Markets Code, 2025 also seeks to provide a “modern regulatory framework” that will prioritise investor protection and capital mobilisation “at a scale commensurate with the emerging needs of the fast-growing Indian economy”.
Sitharaman further proposed that the Bill be sent to the Parliamentary Standing Committee on Finance for a review.
