The Securities and Exchange Board of India (SEBI) has acknowledged the significant role its employees have played in developing India’s securities market over the past thirty-six years. Following internal discussions, SEBI and its employees have reaffirmed that employee-related issues will be managed through established internal mechanisms, adhering to high standards of governance. The previous Press Release no. 20/2024, dated September 4, 2024, has been withdrawn. SEBI employees have condemned the unauthorized disclosure of internal communications and have confirmed that all concerns will be addressed through proper internal channels.
Securities and Exchange Board of India
PRESS RELEASE
PR No.21/2024
SEBI believes that its employees have played a critical role over the past thirty-six years in shaping the Indian securities market into one of the most dynamic and well-regulated markets globally.
SEBI addresses employee-related matters through appropriate internal mechanisms. Following constructive discussions with representatives of all grades of officers, SEBI and its employees have reaffirmed that such issues are strictly internal and will be managed in accordance with the organization’s high standards of governance and within a time-bound framework.
Accordingly, the Press Release no. 20/2024 dated September 04, 2024, stands withdrawn. Employees have strongly condemned the unauthorized release of internal communication and have confirmed that all concerns shall be addressed amicably through established internal channels.
Mumbai
September 16, 2024
