Current Affairs - Business - Discussion

Zerodha received official registration from the Securities and Exchange Board of India (SEBI) on September 1, 2026, to operate as a merchant banker in India through Zerodha Corporate Advisors. The application was submitted on April 27, 2026, and the registration was granted with perpetual validity. The approval allows the firm to handle capital market activities such as Initial Public Offerings (IPOs), Follow-on Public Offers (FPOs), rights issues, and related advisory services. With this approval, Zerodha became the 249th registered merchant banker in India as of August 31, 2026. The development follows SEBI’s revised capital and regulatory requirements for merchant banking operations.