SEBI Mandates NSE and BSE to Serve as Alternative Trading Venues from April 2025

In a significant move aimed at enhancing market resilience and ensuring business continuity, the Securities and Exchange Board of India (SEBI) announced on November 28 that the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will act as alternative trading platforms for each other starting April 1, 2025. The directive, issued via an official circular, underscores SEBI’s commitment to safeguarding seamless trading operations.