Partnership aims to foster knowledge exchange, research, policy support and cooperation across key areas of financial and corporate regulation

The National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (SEBI), and Indian Institute of Corporate Affairs (IICA), under Ministry of Corporate Affairs, have signed a Memorandum of Understanding (MoU)  to advance Corporate Governance, ESG and Capital Markets in the country.

The two institutions will jointly design and deliver capacity building programmes, certification courses, executive education modules, and training programmes including for SEBI officers and officials of other regulatory and financial sector institutions.

The MoU was signed in Mumbai, on 19 May 2026, and signing ceremony was graced by Chairman, SEBI, Shri Tuhin Kanta Pandey.

The SEBI Chairman underscored the importance of building a performance-driven corporate governance ecosystem, is to enable MSME access to capital markets, strengthening sustainability disclosures, and fostering  evidence-based research in emerging regulatory domains.

The collaboration has been envisaged by Shri Gyaneshwar Kumar Singh, Director General & CEO, IICA, who has been instrumental in IICA's strategic initiatives across corporate governance, ESG, responsible business conduct, aligning them with national development agenda.

The MoU signing ceremony also witnessed  the presence of Director NISM Shri Sashi Krishnan,  and was signed by Ms. Yogita Jadhav, Registrar, NISM, on behalf of NISM, and by Dr. Garima Dadhich, Head, School of Business Environment, IICA, on behalf of IICA.

This MoU establishes a long-term strategic collaboration between the two institutions for strengthening knowledge exchange, capacity building, research, policy support, and institutional cooperation in  areas  like securities markets, sustainability and ESG reporting, Business Responsibility and Sustainability Reporting (BRSR).

Besides, areas like insolvency, investor education, valuation, responsible investing, sustainable finance, board governance, market integrity, MSME and emerging regulatory frameworks will also be addressed by the two institutions.

Both institutions will collaborate on research, policy studies, curriculum design, and dissemination of best practices. The partnership also envisages joint organisation of flagship conferences, faculty exchange, publications etc.

The collaboration marks a significant step towards building a well-governed, inclusive, and knowledge-driven ecosystem for India's securities markets and corporate sector.                  

Corporate governance and ESG collaboration expands knowledge exchange, capacity building, research and policy support across capital markets. NISM and IICA have entered into a Memorandum of Understanding to strengthen corporate governance, ESG and capital market development through long-term institutional cooperation. The collaboration covers knowledge exchange, research, policy support and capacity building, including joint training programmes, certification courses, executive education, sustainability and ESG reporting, BRSR, investor education, board governance, market integrity and emerging regulatory frameworks.