SEBI to Launch Single Filing System and ₹250 SIPs Soon

The Securities and Exchange Board of India (Sebi) is set to implement a single filing system for listed companies, allowing disclosures made on one stock exchange to be automatically uploaded to others. This initiative follows recommendations from a committee led by S K Mohanty, aimed at streamlining disclosure and listing requirements. Sebi chairperson Madhabi Puri Buch announced this development during a CII event, emphasizing the importance of technology adoption in capital markets. In addition to the filing system, Buch revealed plans to introduce Systematic Investment Plans (SIPs) starting at just Rs 250 per month, making investment more accessible to a broader audience. This move is part of Sebi's ongoing efforts to enhance investor participation and awareness in the capital markets. The chairperson also highlighted the need for IPO documents to be available in multiple languages to eliminate language barriers. Buch addressed concerns regarding potential conflicts of interest related to her husband’s association with Blackstone, a major player in the Real Estate Investment Trust (REIT) sector. While she refrained from commenting on REITs directly, she acknowledged that regulations are being simplified for such entities. Sebi has denied allegations that recent amendments to REIT regulations favored specific financial conglomerates. Overall, these initiatives reflect Sebi's commitment to fostering a more inclusive and efficient capital market environment, focusing on wealth creation for citizens and the necessity of co-creation with the industry to serve market needs effectively.