Stories

SEBI targets November-end rollout for changes to clearing of tender offers, buybacks
M
Moneycontrol•10-10-2026, 18:47
SEBI to Issue Closing Auction Session Guidelines Within a Week, Says Chairman Tuhin Kanta Pandey
  • •SEBI chairman Tuhin Kanta Pandey announced that the market regulator expects to release guidelines on closing auction session changes within a week following public comments.
  • •The upcoming guidelines aim to address industry concerns regarding the settlement price of derivatives on expiry days.
  • •SEBI is reviewing depository regulations to simplify rules, enhance fraud prevention, and explore graded compliance requirements for brokers based on scale and technology.
  • •The regulator plans to issue new guidelines soon on the responsible use of artificial intelligence and machine learning featuring a tiered approach and human oversight.
  • •SEBI is targeting the implementation of changes for transactions like tender offers, buybacks, and offers for sale by the end of November 2026.

Key Questions Answered

SEBI hopes to issue guidelines on changes to the closing auction session in about a week, as stated by Chairman Tuhin Kanta Pandey.

The implementation of the proposed regulatory changes is targeted by the end of November 2026.

SEBI's upcoming guidelines on artificial intelligence and machine learning will adopt a tiered approach featuring clear accountability, data controls, kill switches, and human oversight.