**Executive Summary**
This press release discusses 'Samvad' 2026, SEBI and NISM's annual symposium on the securities market, held on January 16, 2026, in Mumbai. The event, themed "Sustained Capital Formation," brought together various stakeholders to deliberate on the future of India's securities market. SEBI also used the opportunity to unveil the full report of the ‘Investor Survey 2025'.
**Key Points / Main Content**
* **Symposium Overview:**
* 'Samvad' 2026 was convened at Jio World Convention Centre, Bandra Kurla Complex, Mumbai.
* The symposium focused on sustained capital formation and India's securities market trajectory.
* It reaffirmed the commitment of stakeholders to deepen market efficiency, foster innovation, strengthen investor trust, and broaden participation across asset classes.
* **Key Speakers:**
* Shri Arvind Virmani, Hon'ble Member, NITI Aayog, served as the Chief Guest.
* Ms. Samara Cohen, Global Head of Market Development, BlackRock, delivered the keynote address.
* Shri Tuhin Kanta Pandey, Chairman, SEBI, outlined his vision for the future of India's capital market.
* Dr. Andrew Sheng highlighted the critical role of trust, technology and inclusive capital markets in driving sustainable growth.
* **Investor Survey 2025:**
* SEBI unveiled the full report of the ‘Investor Survey 2025’.
* **Panel Discussions:**
* Expert panels covered strategies to ensure sustained capital generation.
* Topics included: Reimagining the Securities Market, Going Public - Challenges for Startups and SMEs, and Measuring Impact in Investor Education.
* **Additional Information:**
* The event was broadcast live by NISM, NSE, BSE, NSDL and CDSL.
* The proceedings will be archived on www.sebi.gov.in.
**Impact Analysis**
**Regulators, Policy Makers, Academicians, Industry Leaders, Market Infrastructure Institutions, Investors**
* **Impact:** Informed about SEBI's vision and strategies for the Indian securities market, future trajectory of India's securities market, as well as key areas of focus for sustained capital formation and investor education.
* **Action Required:** Consider insights from the symposium in future planning and initiatives to contribute to market efficiency, innovation, and investor trust.
Key Entities Referenced
Securities and Exchange Board of India (SEBI): The primary regulator of the securities market in India, responsible for organizing the 'Samvad' Symposium.
National Institute of Securities Markets (NISM): Collaborated with SEBI to organize the 'Samvad' Symposium.
Samvad: Annual flagship Symposium on the securities market, themed as 'Sustained Capital Formation'.
Investor Survey 2025: A report undertaken by SEBI, unveiled during the Samvad Symposium.
Mumbai: Location where the Samvad Symposium was held.
PR No.07/2026
‘Samvad’ 2026: A Symposium on Securities Market by SEBI and NISM
Samvad, the annual flagship Symposium on the securities market, themed as
‘Sustained Capital Formation’ was convened today at Jio World Convention Centre,
Bandra Kurla Complex in Mumbai. Samvad 2026 brought together diverse
stakeholders including regulators, policy makers, academicians, industry leaders,
market infrastructure institutions and investors to deliberate on sustained capital
formation and the trajectory of India’s securities market.
Organised by SEBI in collaboration with NISM and supported by NSE, BSE, NSDL
and CDSL, the one-day Symposium reaffirmed the commitment of market
stakeholders to deepen market efficiency, foster innovation, strengthen investor trust
and broaden participation across asset classes.
The event was graced by Shri Arvind Virmani, Hon’ble Member, NITI Aayog as the
Chief Guest with Ms. Samara Cohen, Global Head of Market Development,
BlackRock, delivering the keynote address. Shri Tuhin Kanta Pandey, Chairman,
SEBI addressed the gathering outlining his vision for the future of India’s capital
market.
SEBI took this opportunity to unveil the full report of the ‘Investor Survey 2025’
undertaken by SEBI in association with AMFI, NSE, BSE, NSDL and CDSL.
Page 1 of 3Chairman SEBI, in his address emphasised that India's capital markets are no longer
merely supporting economic growth but are increasingly shaping the quality, resilience
and inclusiveness of that growth.
Opening with a powerful reflection on India’s rich financial heritage, Ms. Samara
Cohen on her part connected the nation’s deep history of trade to its dynamic future
underscoring that resilient infrastructure, transparent regulation, and digital innovation
are key to building trust and expanding investor access.
Addressing the Symposium, Shri Arvind Virmani, Member, NITI Aayog, who outlined
India’s growth trajectory, demographic advantage, and the role of financial markets in
achieving the 2047 vision.
In his video message, Dr. Andrew Sheng highlighted the critical role of trust,
technology and inclusive capital markets in driving sustainable growth. He
underscored that purpose-driven capital, technology and robust market institutions
can position India’s securities markets at the forefront of inclusive and sustainable
economic transformation.
The inaugural session was followed by a fireside chat with Shri Tuhin Kanta Pandey,
Chairman, SEBI, deliberating on ‘India as a Magnet for Long-Term Global Capital’,
and highlighting the financial sector’s remarkable growth and resilience in driving
India’s economic strength.
Samvad 2026 also showcased a rich line-up of expert panels moderated by Whole
Time members/ Executive Directors of SEBI featuring extensive discussions on
strategies and best practices to ensure sustained capital generation to foster economic
development. The panel discussions covered the following topics.
Reimagining the Securities Market: Purpose Driven Capital for Future ready
India;
Going Public - Challenges for Startups and SMEs;
Measuring Impact: What Works in Investor Education in the Era of
Technological Transformation.
Page 2 of 3The event was also broadcasted live by NISM, NSE, BSE, NSDL and CDSL. The
proceedings of the Symposium will be archived on www.sebi.gov.in for later viewing.
Mumbai
January 16, 2026
Page 3 of 3