The Securities and Exchange Board of India (SEBI) has issued a statement acknowledging the concerns raised by its employees, recognizing their significant role in the organization’s success. In a statement released on September 16, SEBI expressed its gratitude for the contributions of its staff over the past 36 years, highlighting their crucial role in establishing India’s securities market as a leading global player.
SEBI assured its employees that the issues raised will be addressed internally, adhering to its high standards of governance and within a time-bound framework. Following productive discussions with representatives from all employee levels, SEBI and its employees have agreed that these matters are strictly internal and will be resolved through established internal channels.
Furthermore, SEBI has withdrawn a previous statement released on September 4, acknowledging that the employees strongly condemn the unauthorized release of internal communication. The regulator emphasized its commitment to addressing all employee concerns amicably through established internal processes.
