The Securities and Exchange Board of India (SEBI) is currently evaluating whether listed debt securities should be subject to disclosure requirements equivalent to those of listed equities, as stated by Chairman Tuhin Kanta Pandey during an event on Tuesday. This review aims to enhance transparency and investor protection within the debt markets.
This initiative aligns with broader efforts by policymakers to develop India’s corporate bond market, which is perceived as underdeveloped compared to its equity counterpart. As part of these modernization efforts, SEBI is also piloting the tokenization of corporate bonds, with an anticipated rollout in six to nine months, according to Pandey.
The implementation of digital ledger technology is expected to facilitate near-instant settlements within the corporate bond market. Tokenization involves the conversion of securities such as bonds into digital tokens on a shared ledger, promoting quicker, cost-effective, and more transparent trading practices.
Published on May 26, 2026.
