SEBI Launches ‘Dharohar’: A Digital Tribute to India’s Market Legacy

On January 26, 2025, the Securities and Exchange Board of India (SEBI) marked a significant milestone with the launch of “Dharohar – Milestones in the Indian Securities Market.” The digital repository was unveiled on India’s 76th Republic Day and aims to preserve the rich legacy of India’s securities market. With over 150 years of history, India’s securities market has evolved significantly, and SEBI’s initiative is a tribute to its enduring journey.

What is ‘Dharohar’ and Why is it Important?

‘Dharohar’ is an expansive digital knowledge repository designed to showcase key milestones in India’s securities market. This initiative not only preserves the market’s history but also makes it accessible to the public, offering a wealth of information on the evolution of India’s financial markets. From its humble beginnings to the modern, sophisticated systems we see today, ‘Dharohar’ captures the essence of over 150 years of organized trading.

With more than 3,000 unique assets, the repository includes articles, regulations, interviews with market leaders, historic newspaper clippings, share certificates, committee reports, and much more. This vast archive provides a deep dive into the key moments that shaped India’s securities market, making it an invaluable resource for investors, students, researchers, and anyone interested in India’s financial growth.

What Makes the ‘Dharohar’ Experience Unique?

The most striking feature of ‘Dharohar’ is its interactive design. Visitors to the digital platform can explore a timeline that highlights significant events in India’s securities market. This timeline is not just a collection of dates; it’s an immersive experience that connects visitors with the history of India’s capital markets. The platform also features 3D galleries that allow users to visualize critical moments, participants, and the evolution of market products.

This interactive approach is a step forward in making financial history more engaging and accessible. It ensures that the history of India’s financial markets is not just read about but experienced in a dynamic, modern format.

Who Can Benefit from ‘Dharohar’?

‘Dharohar’ is not just for historians or market experts. SEBI has designed the platform with a broad audience in mind. Whether you’re a student studying economics, an investor seeking to understand the history of the Indian market, or a researcher exploring market evolution, ‘Dharohar’ has something valuable for you.

The platform is also an essential resource for journalists, market participants, and industry professionals who want to understand the roots of India’s financial markets. With its vast collection of historical documents, interviews, and reports, ‘Dharohar’ provides deep insights into how India’s securities market has transformed over the years.

How Was ‘Dharohar’ Developed?

The development of ‘Dharohar’ was a collaborative effort involving many contributors. SEBI expressed gratitude to a wide range of participants, including individuals, institutions, former SEBI members, scripophilists (collectors of stock certificates), experts, market leaders, and industry associations. The project has benefited from the combined efforts of many stakeholders who have contributed their knowledge and resources to preserve this rich history.

SEBI also mentioned that the repository is a work in progress, and new content will continue to be added, ensuring that it remains a relevant and evolving resource for years to come.

How Can You Access ‘Dharohar’?

The digital repository is freely accessible to the public through the website www.mism.org. This open access ensures that anyone, from students to professionals, can explore the history of India’s securities market and gain insights into its development. With easy navigation and a user-friendly interface, accessing this treasure trove of knowledge has never been easier.

Summary of the news

Why in News	Key Points
SEBI Launches ‘Dharohar’	Digital repository launched on January 26, 2025, on India’s Republic Day.
Purpose	To preserve over 150 years of India’s securities market history.
Repository Content	3,000+ assets: articles, regulations, interviews, historic clippings, share certificates, videos, committee reports.
Key Features	Interactive timeline, 3D galleries showcasing market evolution.
Target Audience	Students, investors, researchers, journalists, and market participants.
Website	Access via www.mism.org.
Contributors	SEBI, former members, experts, market leaders, institutions.
Future Growth	Repository will be updated regularly with new content.