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Core Purpose

The Securities and Exchange Board of India issued the Securities and Exchange Board of India (Investor Protection and Education Fund) (Amendment) Regulations, 2025, to further amend the Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009.

Detailed Summary

The Securities and Exchange Board of India (SEBI) issued the Securities and Exchange Board of India (Investor Protection and Education Fund) (Amendment) Regulations, 2025, on September 1, 2025, under F. No. SEBI/LAD-NRO/GN/2025/256, exercising powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992). These regulations further amend the Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009, and will come into force upon their publication in the Official Gazette. The amendments include the insertion of a new clause "(la)" after clause (l) in sub-regulation (1) of regulation 4, specifying that "monies transferred in accordance with clause (c) of sub-regulation (3) of regulation 38B of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021" shall be part of the Investor Protection and Education Fund. Consequentially, in regulation 5, sub-regulation (3), clause (ii) and its proviso are amended to substitute "and (l)" with ",(l) and (la)" after "clauses (j), (k)". The original 2009 regulations were published on May 19, 2009, vide notification no. LAD-NRO/GN/2009-10/05/163525, and subsequently amended on January 9, 2014, March 6, 2017, February 28, 2023, and October 20, 2023. The notification was signed by Amit Pradhan, Executive Director.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-MH-E-02092025-265899 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 599] NEW DELHI, TUESDAY, SEPTEMBER 2, 2025/BHADRA 11, 1947 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 1st September, 2025 SECURITIES AND EXCHANGE BOARD OF INDIA (INVESTOR PROTECTION AND EDUCATION FUND) (AMENDMENT) REGULATIONS, 2025 F. No. SEBI/LAD-NRO/GN/2025/256.—In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009, namely:- 1. These regulations may be called the Securities and Exchange Board of India (Investor Protection and Education Fund) (Amendment) Regulations, 2025. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009 — I. in regulation 4, in sub-regulation (1), after clause (l), the following clause shall be inserted, namely,- “(la) monies transferred in accordance with clause (c) of sub-regulation (3) of regulation 38B of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021;" II. in regulation 5, in sub-regulation (3), i. in clause ii, the words and symbol “and (l)" appearing after the words and symbol “clauses (j), (k)" and before the words “of sub regulation (1)” shall be substituted with the words and symbol “,(l) and (la)". ii. in the proviso, in clause ii, the words and symbol “and (l)" appearing after the words and symbol "clauses (j), (k)" and before the words "of sub regulation (1)" shall be substituted with the words and symbol ",(l) and (la)". AMIT PRADHAN, Executive Director [ADVT.-III/4/Exty./332/2025-26] Footnotes: 1. The Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009 were published in the Gazette of India on 19th May 2009 vide notification no. LAD-NRO/GN/2009-10/05/163525. 2. The Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009, were subsequently amended on: a) January 9, 2014 by the Securities and Exchange Board of India (Investor Protection and Education Fund) (Amendment) Regulations, 2014 vide notification No. LAD/NRO/GN/2013-14/38/49. b) March 6, 2017 by the Securities and Exchange Board of India (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017 vide notification No. SEBI/LAD/NRO/GN/2016-17/037. c) February 28, 2023 by the Securities and Exchange Board of India (Investor Protection and Education Fund) (Amendment) Regulations, 2023 vide notification No. SEBI/LAD- NRO/GN/2023/126. d) October 20, 2023 by the Securities and Exchange Board of India (Investor Protection and Education Fund) (Second Amendment) Regulations, 2023 vide notification No. SEBI/LAD-NRO/GN/2023/157. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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