The Securities and Exchange Board of India (SEBI) marked its 38th Foundation Day in Mumbai, with Union Minister of Finance and Corporate Affairs Nirmala Sitharaman as chief guest. The event included the inauguration of ‘Jagrook’, a nationwide investor awareness campaign, and SEBI’s launch of official social media presence on LinkedIn, Instagram and Facebook alongside its existing presence on X. Project Jagrook is positioned as a comprehensive media campaign combining physical and digital initiatives with 360-degree reach, delivered as a unified mission under SEBI and Securities Market Partners including exchanges, depositories, the Association of Mutual Funds in India and the National Institute of Securities Markets. In her remarks, the Finance Minister highlighted SEBI’s role in reforms such as the T+1 settlement cycle, the Application Supported by Blocked Amount process and enabling IPO applications through the Unified Payments Interface, and cited SEBI’s litigation outcomes of over 90% in the Supreme Court, 73% at the Securities Appellate Tribunal and 92% at Civil Courts and the National Company Law Tribunal. She stressed investor protection alongside retail participation, pointed to SEBI’s actions against unregistered “fin-fluencers”, and urged further consultative and principles-based regulation, cross-sector KYC simplification and portability, deeper bond markets including stronger credit enhancement and greater focus on municipal bonds, and heightened vigilance on cyber risks building on SEBI’s cybersecurity and cyber resilience framework effective April 2025, its analytics and digital forensics capabilities, and the “SEBI Check” verification tool.

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