New Delhi, Dec. 19 -- The Securities Markets Code Bill, 2025, was introduced in the Lok Sabha on Thursday by Union finance minister Nirmala Sitharaman. She moved that the Bill be referred to a Select Committee in Parliament for further deliberations, the decision for which is currently pending. The Bill seeks to overhaul and unify India's securities market regulatory framework by repealing and consolidating three existing laws: the SEBI Act, 1992, the Depositories Act, 1996 and the Securities Contracts (Regulation) Act, 1956. According to the government, the new code is intended to modernise securities regulation through a principle-based legislative approach while strengthening the powers and governance framework of the Securities and Exch...