Things you Must Know About SEBI

The Securities and Exchange Board of India, which is commonly known as SEBI, is one of the most important regulatory bodies in India. Its roles and responsibilities are akin to America’s Security Exchange Commission (SEC), which are to promote the growth of securities markets and protect the interest of the investors.

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When disputes arise between investors and the listed companies in India, they can be solved directly through communication and appropriate action between the two parties. However, if a resolution is not achieved because the investor is not happy with the response or due to some other reason, then SEBI acts as an authority to address such problems.

SEBI allows the investors to file grievances in the case of non-receipt of:

• Dividends from listed companies
• Rights offer letter
• Share certificate after transfer from a listed company
• Allotment advise or refund order in investments in FPOs, IPOs, and right issues.
• Debentures after transfer
• Interest or principal on redemption or delayed payments

A person can approach SEBI for other problems too, which cover areas like acquisitions, compliance problems, corporate restructuring and governance, buybacks, etc. To seek help from SEBI, a person can take the following steps:

• File a complaint through SEBI’s official website
• Note down the complaint registration number and track the status of the complaint
• SEBI verifies the complaint and takes it up with the concerned authority to get resolution.

SEBI is probably the biggest regulatory body in India set up for regulating the securities markets and checking unfair practices in the industry. It was established in 1988 and has been operational since.