SEBI Chairman Tuhin Kanta Pandey says the regulator is working to make India’s capital markets more accessible, efficient and resilient, while placing investor protection at the centre. Speaking in Kolkata at a Bharat Chamber of Commerce Investors Forum, he links reforms for businesses with measures aimed at safeguarding investors.

Across outlets, the reported context is continued growth in market participation and fundraising. Pandey points to expansion in market capitalisation over the past decade, alongside rising investor numbers in West Bengal—from about 12 lakh in 2014-15 to over 90 lakh today—and growing activity from listed companies and MSMEs. He also highlights reforms to reduce compliance costs and improve operational efficiency, including streamlining IPO processes, shortening rights-issue timelines, and rationalising listing requirements for large issuers.

Some details vary by coverage. One outlet mentions allowing certain employee stock options after listing, easing merchant banking requirements for eligible private placements, and enabling debt securities with lower face values. Another similarly frames the package around easier fundraising, resilience during stress, and sustained investor education. Overall, the outlets broadly agree on the goals and the emphasis on both capital formation and investor safeguards.