SEBI Forms Working Group For MII Technology Roadmap
- Blog|News|Company Law|
- 2 Min Read
- By Taxmann
- |
- Last Updated on 12 January, 2026

PR No. 02/2026; Dated: 08.01.2026
1. Introduction
The Securities and Exchange Board of India (SEBI) has constituted a dedicated Working Group to frame a comprehensive technology roadmap for Market Infrastructure Institutions (MIIs). Announced through PR No. 02/2026 dated 8 January 2026, the initiative reflects SEBI’s proactive approach in responding to the rapid pace of technological change reshaping the Indian securities market.
2. Purpose and Timeline
The Working Group has been tasked with developing both a short-term (five-year) and a long-term (ten-year) technology roadmap for MIIs. This roadmap will guide exchanges, clearing corporations, and depositories in strengthening market operations, enhancing risk management frameworks, improving investor protection mechanisms, and supporting effective regulatory oversight through advanced digital systems.
Paragraph 3 – Focus on Emerging Technologies
Adopting a holistic and forward-looking approach, the Working Group will examine the use of emerging technologies such as artificial intelligence and machine learning, distributed ledger technology, cloud computing, RegTech and SupTech solutions, tokenisation, and quantum-safe systems. The objective is to ensure that MIIs are well-equipped to leverage innovation while maintaining resilience, security, and compliance.
4. Composition of the Working Group
The Working Group is chaired by Dr. D. B. Phatak, Professor Emeritus at IIT Bombay. Its members include Chairpersons of the Standing Committee on Technology (SCOT) of MIIs, senior officials from stock brokers and Registrars and Transfer Agents (RTAs), as well as experts in technology and the securities market. This diverse composition is intended to bring practical insights and technical expertise into policy formulation.
5. Conclusion
Through this initiative, SEBI aims to ensure that the Indian securities market remains future-ready, globally competitive, and aligned with India’s long-term vision of a digitally empowered and developed economy. The proposed technology roadmap is expected to play a critical role in strengthening market infrastructure and fostering sustainable growth in the capital markets ecosystem.
Click Here To Read The Full Press Release
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied

CA | CS | CMA