Overview
- The consultation paper recommends a uniform 30-day delay for both sharing and using listed-company price data in educational and investor-awareness materials.
- SEBI said the change would curb misuse of recent market data while keeping examples sufficiently relevant for learners.
- The proposal seeks to harmonize earlier guidance that allowed a one-day lag in May 2024 but required three-month-old data under a January 2025 circular.
- Persons engaged solely in education would continue to be bound by the prohibited-activities provisions of the January 2025 framework.
- Stakeholders have been invited to submit comments by January 27, 2026, with operational implications anticipated for educators and platforms that use exchange data.