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          <h1>Ombudsman Must Prepare Annual Budget, Submit Report, and Provide Information as per SEBI Regulations 2003.</h1> The Ombudsman under the Securities and Exchange Board of India (Ombudsman) Regulations, 2003, is tasked with preparing an annual budget in consultation with the Board and adhering to it. The Ombudsman must submit an annual report reviewing office activities to the Board within three months after the financial year ends on March 31. Additionally, the Ombudsman is required to provide any information requested by the Board. The annual report must follow the format specified by the Board.

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