2025-12-05

Securities and Exchange Board of India (Intermediaries) (Third Amendment) Regulations, 2025

The Securities and Exchange Board of India issued the Third Amendment Regulations, 2025, to further amend the Intermediaries Regulations, 2008. The amendment inserts a new clause into Regulation 30A requiring intermediaries to maintain specified minimum net worth, generate minimum revenue from permitted activities, and transfer specified activities to separate business units. These regulations come into force thirty days after their publication in the Official Gazette.

Securities and Exchange Board of India logo

India

Securities and Exchange Board of India

Click to view full text