SEBI Establishes New ‘Significant Indices’ Threshold for Market Regulation
The Securities and Exchange Board of India (SEBI) has officially mandated that any stock market index with assets under management (AUM) exceeding ₹20,000 crore will henceforth be classified as a “significant index.” Announced this week, the new regulatory framework aims to enhance transparency and risk management within the domestic capital markets, with the capital market…