The Board Meeting held on 19th June 2026, approved several regulatory reforms across the securities market. It simplified the framework for transmission of securities by introducing Quick Transmission Processing (QTP), increasing limits for simplified documentation, and reducing procedural requirements for legal heirs. It reintroduced open market buy-backs through stock exchanges from 1st August 2026 with revised operational safeguards and approved amendments to the Buy-back Regulations. It also permitted intraday borrowings by mutual funds for liquidity management, and introduced the GARUDA mechanism to expedite Alternative Investment Fund (AIF) scheme launches. It also approved an evidence-based review of the SME capital raising framework and adopted a new Code of Conduct for SEBI Members.