Taxmann SEBI Manual Set of 3 Volumes 46th Edition January 2026

Taxmann SEBI Manual Set of 3 Volumes 46th Edition January 2026

Taxmann SEBI Manual Set of 3 Volumes 46th Edition January 2026

A Compendium of Acts/Rules & Updated/Amended Circulars/Master Circulars on SEBI & Securities Laws

Description –

The Present Publication is the 46th Edition | 2026 and amended up to 20th November 2025. This book is edited by Taxmann’s Editorial Board, with the following noteworthy features:

• [Master Circular–driven Regulatory Presentation] SEBI increasingly regulates through Master Circulars, which consolidate dozens of circulars into a single operative instrument, specify supersessions, and preserve prior actions. The Manual mirrors this regulatory philosophy by:
  • Reproducing Master Circulars in full
  • Retaining a chapter-wise and annexure-wise structure
  • Ensuring traceability of underlying circulars
  • This is critical for professionals who must demonstrate compliance continuity during inspections, audits, and enforcement proceedings
• [Deep Integration of Listing & Disclosure Frameworks (LODR)] A major strength of this Edition is its comprehensive treatment of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, including:
  • Continuous disclosure obligations
  • Regulation 30–based material event disclosures and Industry Standards
  • Related party transaction governance
  • Compliance frameworks for equity, debt, and structured instruments
  • Unclaimed amounts and investor protection mechanisms
  • Master Circulars applicable to listed entities and issuers of non-convertible securities
  • This makes the Manual indispensable for listed-company compliance and governance functions
• [Embedded Operational Intelligence] Unlike bare statutory texts, the Manual includes:
  • Indicative timelines (e.g., rights issues, listing processes)
  • Reporting and disclosure formats
  • Annexures and procedural checklists
  • Audit and certification requirements
  • This transforms the publication into a day-to-day working reference, especially valuable during transaction execution and regulatory audits
• [Coverage of Emerging & Evolving Regulatory Domains] The Manual captures SEBI’s expansion into newer regulatory areas, including:
  • ESG Rating Providers
  • Index Providers
  • Social Stock Exchange
  • Electronic Gold Receipts (EGRs)
  • Vault Managers
  • MF Lite and Specialised Investment Funds (SIFs)
  • Technology-driven compliance and surveillance frameworks

The coverage of the book is as follows:

• Volume 1 – Foundational Statutes & Capital Formation Framework | This Volume lays the statutory and regulatory foundation of securities law, covering:
  • SEBI Act 1992
  • Securities Contracts (Regulation) Act 1956
  • SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018
  • It further integrates regulations and circulars relating to:
    • Accredited Investors
    • Alternative Investment Funds (AIFs)
    • Buy-back of securities
    • Bankers to an Issue
    • Collective Investment Schemes
    • Credit Rating Agencies and ESG Rating Providers
    • Custodians and Debenture Trustees
    • Delisting of securities
    • Depositories and dematerialisation
  • This Volume is critical for issuers, fund managers, and transaction advisors
• Volume 2 – Intermediaries, Funds & Market Operations | This Volume represents the operational core of securities regulation, covering:
  • Derivatives (equity, interest rate, commodity)
  • Employee Stock Options, Sweat Equity, and share-based benefits
  • Foreign Portfolio Investors (FPIs) and FVCIs
  • Infrastructure Investment Trusts (InvITs)
  • Insider Trading and Market Surveillance
  • Merchant bankers, lead managers, and market makers
  • Mutual Funds, including MF Lite and SIF frameworks
  • Municipal and green debt securities
  • Portfolio Managers
  • AML/CFT and KYC frameworks
  • This Volume is indispensable for intermediaries and compliance-heavy market participants
• Volume 3 – Listing, Enforcement, Dispute Resolution & Investor Protection | This Volume addresses post-issuance regulation and enforcement, including:
  • Real Estate Investment Trusts (REITs)
  • Stock brokers and stock exchanges
  • Unfair trade practices and market abuse
  • Securities Appellate Tribunal (SAT) rules and procedures
  • Securities lending and borrowing
  • Securitised debt instruments and security receipts
  • Registrars to an Issue and Share Transfer Agents
  • Refund to Investors mechanisms
  • Online Resolution of Disputes (ODR) framework
  • ASBA process and banking integration
  • This Volume is particularly relevant for enforcement, appellate practice, and grievance redressal.