The Securities and Exchange Board of India (SEBI) announced on Friday (November 6) that the SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026 will come into effect from November 7, introducing a fresh framework for settling specified proceedings under securities laws, ANI reported.

Source: ANI via Indian Economic Observer

The regulations were notified in October 2026. SEBI's board had approved replacing the 2018 settlement rules with the new set on September 24, The Hindu BusinessLine reported.

Source: The Hindu BusinessLine

7 Nov 2026New regulations take effect
Rs 25,000Application fee — individuals
Rs 35,000Application fee — other applicants
Rs 3 lakhMinimum settlement — first-time applicants
Rs 7 lakhMinimum settlement — other applicants

To make filing easier, SEBI has launched an online application facility, a settlement amount calculator, frequently asked questions and a dedicated help desk on its official website, along with an explainer video showing applicants how to use the calculation facility, ANI reported.

Source: ANI via Devdiscourse

Eligible persons may apply for settlement under the 2026 regulations. The application fee is non-refundable — Rs 25,000 for natural persons and Rs 35,000 for other applicants — and the minimum settlement amount is Rs 3 lakh for first-time applicants and Rs 7 lakh for other applicants, according to the regulator's announcement reported by ANI and Devdiscourse.

Source: Devdiscourse

What changes from Saturday

On commencement of the new framework, the SEBI (Settlement Proceedings) Regulations, 2018 will stand repealed, subject to transitional and saving provisions, Devdiscourse reported. A legal analysis by LegalEra noted that proceedings pending at commencement in which no settlement application was filed — or an earlier application was rejected, returned or withdrawn — get a one-time 90-day window, running to February 5, 2027, at a 20 percent premium on the calculated settlement amount.

Source: LegalEra

The framework is the route by which companies, intermediaries and individuals facing specified SEBI proceedings can close them by paying a settlement amount without admitting or denying the findings. Applications open with the new regulations on November 7 through SEBI's website.