Ananta Barua, Ex-Whole Time Member, SEBI, has joined IndusLaw as a Senior Advisor.

Barua retired as a Whole Time Member of SEBI on July 31, 2023. He was in charge of the Market Intermediaries & Regulation Department, Enforcement Department, Legal Affairs Department, Mutual Fund Department, and Market Regulation Department.

Prior to that, Barua was Executive Director of SEBI for over 8 years. As an ED he was heading and responsible for regulation and supervision of the Investment Management Department (consisting of Mutual Funds, AlF, PMS), Department of Debt & Hybrid Securities (Corporate Bonds, RIET, InvIT), Foreign Portfolio Investor, and others.

During his tenure, he was instrumental for laying the regulatory framework for AIF, Riet, InvIT, bonds (corporate, municipal, green), securitised debt, foreign portfolio investors, research analysts, investment advisors, etc. As a SEBI board member, he dealt with policy proposals and approval of the regulations and also acted as Quasi-judicial authority and settlement authority.

Gaurav Dani and Suneeth Katarki, Founding Partners at IndusLaw, shared,

“We are very excited to have Mr. Ananta Barua on board. His vast experience and knowledge will further enhance our regulatory practice and help us provide support to our clients on complex regulatory matters. We welcome him to the Firm.”

Ananta Barua himself remarked,

"I’m happy to be part of IndusLaw and look forward to working with the firm.”

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