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<h1>Merchant bankers must submit half-yearly unaudited financial results to SEBI per Merchant Bankers Regulations, 1992.</h1> Every merchant banker is required to submit half-yearly unaudited financial results to the Securities and Exchange Board of India (SEBI) as stipulated by the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992. This submission is necessary when requested by SEBI to ensure the monitoring of the merchant banker's capital adequacy.