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SEBI Logs Record 703 Settlement Pleas in FY25, Boosts Collections Over ₹860 Crore

The regulator’s shift to negotiated settlements aims to streamline enforcement with unresolved dues still tied up in courts.

Overview

  • Of the 703 settlement applications, 284 were approved while 272 were returned, rejected, or withdrawn according to the FY25 annual report.
  • Settlements generated ₹798.87 crore in charges and ₹64.84 crore in disgorgement, totaling about ₹863.7 crore in recoveries.
  • New appeals at the Securities Appellate Tribunal fell to 533 in FY25 from 821 a year earlier, with 422 cases disposed and 73% dismissed.
  • Nearly 62% of disposed appeals stemmed from alleged violations of the PFUTP regulations, underscoring ongoing fraud and unfair trading challenges.
  • ‘Difficult-to-recover’ dues climbed to ₹77,800 crore as many cases remain entangled in higher court and tribunal proceedings.