Mumbai, May 21: The National Institute of Securities Markets (NISM), supported by the Securities and Exchange Board of India (SEBI), has formed a partnership with the Indian Institute of Corporate Affairs (IICA) to strengthen training related to corporate governance, ESG, and capital markets. This information was disclosed in an official statement on Thursday.
According to the Ministry of Corporate Affairs, the Memorandum of Understanding (MoU) was signed in Mumbai. The agreement aims to collaboratively develop and operate capacity-building programs, certification courses, executive education modules, and training initiatives. It will also include training for SEBI officials and representatives from other regulatory and financial institutions.
SEBI Chairman Tuhin Kanta Pandey attended the MoU signing ceremony. He emphasized the importance of a performance-based corporate governance framework to enhance MSMEs’ access to capital markets, strengthen sustainability disclosures, and promote research in emerging regulatory areas.
This collaboration was initiated by Gyaneshwar Kumar Singh, the Director General and CEO of IICA, who is advancing strategic programs related to corporate governance, ESG, and responsible business conduct in line with the national development agenda.
The MoU was signed by Registrar Yogita Jadhav on behalf of NISM and Dr. Garima Dadhich, head of the School of Business Environment at IICA.
This agreement establishes a long-term framework for knowledge sharing, capacity building, research, policy collaboration, and institutional partnerships. It encompasses areas such as securities markets, sustainability, ESG reporting, and Business Responsibility and Sustainability Reporting (BRSR).
The Ministry stated that this collaboration will also cover critical areas such as insolvency processes, investor education, valuation, responsible investment, sustainable finance, board governance, market transparency, MSME financing, and emerging regulatory frameworks.
Both institutions will collaborate on research studies, curriculum development, dissemination of best practices, faculty exchange programs, publications, and jointly organizing conferences and seminars.
This partnership is seen as a significant step towards creating a more inclusive, well-governed, and knowledge-based ecosystem for the country’s capital markets and corporate sector.
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