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Master-circular currentness

Current, superseded and review-required routes

Reviewed by Finin2min Editorial Desk · Last reviewed 28 July 2026

A Master Circular consolidates specified circulars as at its issue/update date. Later circulars and replacement Regulations still require separate event-date mapping.

SEBI Hub / Master Circulars
Duplicate-version finding: the existing 25-route corpus includes older ICDR, Investment Adviser, Research Analyst and RTA versions alongside newer 2026 versions. They cannot all remain presented as current.
Existing routeStatusActionReason
master circular for alternative investment funds 2026 06 03Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for credit rating agencies 2025 07 11Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for debenture trustees 2025 08 13Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for debt lodr 2025 07 11Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for depositories 2024 12 03Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for esg rating providers 2025 07 11Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for framework on social stock exchange 2026 01 19Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for icdr 2024 11 11Superseded by later master circularNoindex and 301 or historical bridgeNewer 2026 master circular exists in current repository
master circular for investment advisers 2025 06 27Superseded by later master circularNoindex and 301 or historical bridgeNewer 2026 master circular exists in current repository
master circular for investment advisers 2026 02 06Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for invits 2025 07 11Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for issue of capital and disclosure requirements 2026 02 09Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for lodr compliance by listed entities 2026 01 30Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for merchant bankers 2026 07 14Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for mutual funds 2026 03 20Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for ncs sdi security receipts municipal debt and commercial paper 2025 10 15Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for portfolio managers 2025 07 16Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for registrars to an issue and share transfer agents 2026 02 06Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for reits 2025 07 11Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for research analysts 2025 06 27Superseded by later master circularNoindex and 301 or historical bridgeNewer 2026 master circular exists in current repository
master circular for research analysts 2026 02 06Current or latest identifiedRetain and source verifyNo newer route detected in production inventory
master circular for rtas 2025 06 23Superseded by later master circularNoindex and 301 or historical bridgeNewer 2026 master circular exists in current repository
master circular for stock brokers 2025 06 17Review after stock brokers regulations 2026Source reconciliation required2026 replacement regulation changes legal baseline
master circular for stock exchanges and clearing corporations 2024 12 30Review after june 2026 comprehensive reviewSource reconciliation requiredSEBI announced comprehensive review in June 2026
master circular on surveillance of securities market 2026 05 15Current or latest identifiedRetain and source verifyNo newer route detected in production inventory

Open SEBI Master Circular list

Educational and professional reference only — not financial, tax or legal advice. Verify the current official position from the primary source before relying on any figure, rate, provision or deadline.