Securities Market Code Bill 2025 aims to merge India’s core market laws into one tighter framework

A single code is set to replace three major acts
India has introduced the Securities Markets Code Bill, 2025, in Parliament on December 18, 2025, with Finance Minister Nirmala Sitharaman proposing a sweeping consolidation of securities regulation. The proposed legislation is designed to consolidate and amend multiple existing laws governing trading contracts, market oversight, and depository operations. It would bring together the Securities Contract Regulation Act, 1956, the SEBI Act of 1992, and the Depositories Act, 1996—potentially reshaping how regulators and market participants comply going forward.
- The Securities Markets Code Bill, 2025 was introduced on December 18, 2025
- Finance Minister Nirmala Sitharaman presented the Bill in Parliament
- It seeks to consolidate and amend laws covering securities markets
- The Bill would merge SCRA 1956, SEBI Act 1992, and Depositories Act 1996
- The goal is to create a unified regulatory framework for markets
This summarization was done by Beige for a story published on
The Economic Times
