Securities and Exchange Board of India chief Tuhin Kanta Pandey said guidelines for the CAS review are likely to be issued within a week.
Part of Wider Cash-Market Effort
The review forms part of Sebi’s broader work to deepen India’s cash markets. The regulator is also seeking to improve price discovery and enhance overall market efficiency.
The expected timeline places the guidelines at the centre of Sebi’s current market-development agenda. Their release would provide a formal framework for the CAS review, although the available information does not specify the measures the guidelines will contain.
Why the Review Matters
Sebi’s stated objectives link the review to the functioning of India’s cash markets. Improving price discovery and market efficiency can support a more effective market environment, while deeper cash markets would broaden the role of this segment.
Further details on the guidelines, including their scope and implementation, were not provided.