The SEBI board is expected to deliberate on the Bimal Jalan committee report at its meeting on April 2, said sources.
The report pertains to the ownership, governance and listing of stock exchanges, clearing corporations and depositories.
The report had recommended that stock exchanges, being frontline regulators and systemically important, should not list on the bourses.
Also on the agenda for SEBI are the finer details of the Rajiv Gandhi equity savings scheme.
The scheme allows income tax deduction of 50 per cent to new retail investors who directly invest up to Rs 50,000 in equities and whose annual income is below Rs.10 lakh. Shares bought under this scheme have to be held for a three year period.
The board is also expected to make electronic voting compulsory for large companies to enable wider shareholder participation in decision making.
SEBI is also expected to decide on the methodology of allowing qualified foreign investors to access the corporate bond market.
This apart, the board is also likely to discuss further simplification of the IPO processes and permit two-way fungibility in Indian Depository Receipts.
Two-way fungibility allows conversion of depository receipts into underlying shares and vice versa.