The finance minister introduced the Securities Market Code Bill 2025 in the Lok Sabha.
The Bill will be referred to the department-related standing committee for further discussion.
It merges the Securities and Exchange Board of India Act, 1992; the Depositories Act, 1996; and the Securities Contracts (Regulation) Act, 1956 into one code.
The Bill proposes to increase the number of Securities and Exchange Board of India (SEBI) Board members from 9 to 15.
It aims to reduce compliance burden, improve regulatory governance, and support technology-driven securities markets.
The Bill focuses on strengthening investor protection and improving the ease of doing business in financial markets.