SEBI Seeks Major Changes to Unpopular Auction System in India's Stock Market The Securities and Exchange Board of India (SEBI) has long been a key regulator in India's stock market, ensuring fair trade practices and maintaining market stability.
However, its auction system – the mechanism through which companies list on public exchanges – has come under scrutiny for inefficiencies and biases.
In recent months, SEBI has sought major changes to this unpopular system, sparking heated debates among market participants.