The Competition & Commercial Law Review

[Yash Agarwal and Bhavishya Goswami are second year law students at Dr. Ram Manohar Lohiya National Law University, Lucknow] Introduction The Securities and Exchange Board of India (SEBI) gazetted the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Fourth Amendment) Regulations, 2025  (Securities Contracts Regulations) on November 21, 2025. It is aimed at improving and expanding governance and management requirements for recognised Stock Exchang