SEBI issued an addendum to the NSEL Settlement Scheme 2025

Aug 17, 2026 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Securities and Exchange Board of India (SEBI) on August 17, 2026, issued an addendum to the NSEL Settlement Scheme 2025.

The following has been stated: -

•SEBI has modified the NSEL Settlement Scheme following amendments to the fit and proper person criteria effective April 16, 2026. 

•If a broker who availed the Scheme is subsequently convicted for NSEL-related violations after the settlement order, the settlement shall be revoked. 

•The amended provision replaces Para 3 of the Public Notice dated July 09, 2025, which shall be read together with this addendum.

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