Mumbai, 21 May 2026: In a significant move towards strengthening India’s corporate governance and financial ecosystem, the National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (SEBI), and the Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, have signed a Memorandum of Understanding (MoU) to promote collaboration in Corporate Governance, ESG, and Capital Markets.
The MoU was signed in Mumbai on 19 May 2026 in the presence of SEBI Chairman Shri Tuhin Kanta Pandey. The partnership aims to promote knowledge exchange, research, policy support, and institutional cooperation across key areas of financial and corporate regulation.
Under the agreement, both institutions will jointly design and conduct capacity-building programmes, certification courses, executive education modules, and specialized training programmes for SEBI officers and officials from other regulatory and financial sector institutions.
Speaking on the occasion, SEBI Chairman Shri Tuhin Kanta Pandey highlighted the importance of developing a performance-driven corporate governance ecosystem. He emphasized the need to improve MSME access to capital markets, strengthen sustainability disclosures, and encourage evidence-based research in emerging regulatory areas.
The collaboration has been envisioned under the leadership of Shri Gyaneshwar Kumar Singh, Director General and CEO of IICA, who has played a key role in advancing IICA’s initiatives in corporate governance, ESG, and responsible business conduct aligned with the national development agenda.
The signing ceremony was also attended by NISM Director Shri Sashi Krishnan. The agreement was signed by Ms. Yogita Jadhav, Registrar, NISM, and Dr. Garima Dadhich, Head of the School of Business Environment, IICA.
The partnership will focus on important sectors including securities markets, sustainability and ESG reporting, Business Responsibility and Sustainability Reporting (BRSR), insolvency, investor education, valuation, responsible investing, sustainable finance, board governance, market integrity, MSMEs, and emerging regulatory frameworks.
Both institutions will also collaborate on research studies, curriculum development, policy initiatives, faculty exchange programmes, publications, and flagship conferences aimed at promoting best practices in India’s corporate and financial sectors.
The MoU marks a major step towards building a transparent, inclusive, and knowledge-driven ecosystem for India’s securities markets and corporate governance framework.
