SEBI Manual | Set of 3 Volumes
SEBI Manual is a definitive, professionally curated compendium of India's securities and capital markets regulatory framework, bringing together, in a single, integrated reference set, the complete body of laws, regulations, and regulatory instruments administered by the Securities and Exchange Board of India (SEBI). It is conceived not as a static collection of statutory texts, but rather as a practical representation of how securities regulation operates in practice.
SEBI law operates through a layered, interdependent structure. Core enabling statutes such as the SEBI Act, the Securities Contracts (Regulation) Act, and the Depositories Act establish the foundation, which is elaborated through detailed regulations governing market participants, products, and transactions. These regulations are continuously operationalised and refined through Master Circulars and amending or clarificatory circulars, supported by prescribed formats, timelines, annexures, and reporting templates. The SEBI Manual captures this entire regulatory continuum in an integrated form, allowing the reader to view the law as a coherent compliance system rather than as fragmented instruments.
This Edition presents the law as amended up to date. It is particularly distinguished by the incorporation of twelve new Master Circulars issued during 2025, reflecting SEBI's accelerated shift towards regulatory consolidation, digitisation, system-driven compliance, and 'ease of doing business' reforms. Structured across three meticulously organised volumes, the Manual serves as a single-point, end-to-end regulatory reference for professionals engaged in interpreting, implementing, auditing, advising on, or litigating securities law in India. A defining editorial strength of the SEBI Manual lies in its treatment of circular-based regulation. Where multiple amending or clarificatory circulars follow a principal circular, the Manual places them together in context, preserving regulatory continuity and enabling the reader to grasp the complete compliance position in one reading flow, this approach transforms the Manual from a conventional law book into a practical compliance navigation reference, enabling readers to understand not only what the law provides, but also how SEBI expects it to be complied with, monitored, reported, audited, and enforced.
The SEBI Manual is specifically designed for professionals and institutions that require absolute regulatory accuracy, contextual completeness, and operational clarity, including:
- Securities & Capital Markets Lawyers – For advisory opinions, enforcement defence, regulatory interpretation, documentation, and Securities Appellate Tribunal (SAT) matters
- Company Secretaries & Listed-Entity Compliance Teams – For continuous compliance under LODR, governance frameworks, disclosures, and audit readiness
- Chartered Accountants & Transaction Professionals – For due diligence, capital market transactions, financial disclosures, and regulatory certifications
- Merchant Bankers, Lead Managers & Issuer Advisors – For ICDR compliance, offer document discipline, KPI disclosures, and issue management
- Stock Brokers, Depositories, RTAs, Portfolio Managers, Investment Advisers, Research Analysts, Trustees, Custodians, and Other Intermediaries – For registration, conduct, AML/KYC, operational compliance, and investor grievance handling
- Regulators, Market Infrastructure Institutions & Quasi-Judicial Authorities – As a consolidated statutory and regulatory reference
- Academicians & Researchers – For structured study of India's securities regulatory architecture
The Present Publication is the 46th Edition | 2026 and amended up to 20th November 2025.
