Evolving Landscape of Capital Markets - Regulatory Framework, Trends & Challenges

Full View

14th Annual Legal Era India Conclave 2025 | Panel On Evolving Landscape of Capital Markets - Regulatory Framework, Trends & Challenges

The session provides a comprehensive overview of the transformative evolution in India’s capital markets, driven by regulatory innovation, technological advancements, and increasing global integration. Against the backdrop of India surpassing USD 5 trillion in market capitalization, the discussion captures the perspectives of regulators, intermediaries, and listed companies on the challenges, reforms, and future pathways of capital market growth.

Key Highlights:

Historic Market Growth: India crosses the USD 5 trillion mark in market cap, with a 2.5x surge in public equity fundraising and a record number of IPOs.

SEBI’s Reform Agenda:

• Nearly 150 regulatory updates across primary and secondary markets and asset management.
• Move toward T+0 settlement to enhance market efficiency.
• Stricter controls on derivatives, thematic funds, and corporate governance.

IPO Market Oversight: Use of AI/ML tools to screen IPO disclosures.

• Enhanced scrutiny on promoters, RPTs, and capital usage.
• Mandatory document repository from April 2025 for transparency.

Listed Company Compliance:

• Surge in disclosure obligations managed through compliance tech.
• Emphasis on board training, independent director accountability, and legal manuals.

Investor Protection & Enforcement:

• Aggressive SEBI action against pump-and-dump schemes, influencer malpractices, and deep fake market manipulation.
• Real-time action capability with 10-hour takedown mandate for fake content.

AI & Market Infrastructure:

• Regulated use of AI for trading, with strict compliance, investor risk disclosures, and liability safeguards.

ESG & Sustainability Reporting:

• Mandatory BRSR for top 1000 companies.
• ESG metrics now core to strategy and investor engagement.

GIFT City as a Financial Hub:

• Progressive regulatory environment under IFSA.
• Flexibility for fund managers and foreign flows.
• Talent acquisition remains a bottleneck.

Featured Panelists:

• Amber Gupta, SVP-Head Legal, National Stock Exchange of India Limited (NSE)
• Nehal Shah, Executive Director and Group Head Legal & Compliance, Ambit Pvt. Ltd.
• Tushar Gunderia, Sr. Vice President: Head (Legal & Compliance) & Company Secretary, Blue Dart Express Limited

Moderator:

• Abhimanyu Bhattacharya, Partner, Khaitan & Co

Session Partner: Khaitan & Co

#14thAnnualLegalEra #LegalEraConclave2024 #MarketRegulation #InvestorProtection #legalera #legaleraconclave #indiaconclave #CapitalMarkets #IndiaFinance #SEBI #IPO #AIinFinance #ESG #BRSR #GiftCity