Securities and Exchange Board of India (SEBI) on 2nd September 2015 issued the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 for listed entities whose securities i.e. (Equity Shares, Debentures, Preference Shares etc.) are listed on the Stock Exchange.
Now, the Companies which have securities listed on the Designated Stock Exchange i.e. NSE & BSE shall have to make certain disclosures and Compliances under the (LODR) Regulations, 2015
Therefore, I have prepared a Checklist on the Compliances which needs to be complied under these regulations.
For Example:
Companies whose Equity Shares are listed on Stock Exchange shall have to submit Quarterly Financial results, Shareholding Pattern etc.
The Compliances are either Quarterly, Half Yearly, Yearly or Event based, so, for that reason, I have described them under as Quarterly Compliances, Half Yearly Compliances, Yearly Compliances or Event based Compliances heading.
LODR COMPLIANCES OF EQUITY SEGMENT
QUARTERLY COMPLIANCE
| Sr.No | Regulation No. | Compliance | Quarterly/Half Yearly/Annually | Time Period | Date by which to be filed |
| 1 | 13(3) | Statement of Investor complaints. | Quarterly | Within 21 days from the end of each quarter. | 21st July |
| 21st October | |||||
| 21st January | |||||
| 21st April | |||||
| 2 | 27(2) | Corporate Governance. | Quarterly | Within 15 days from end of each quarter. | 15th July |
| 15th October | |||||
| 15th January | |||||
| 15th April | |||||
| 3 | 31 | Shareholding Pattern. | Quarterly | Within 21 days from the end of each quarter. | 21st July |
| 21st October | |||||
| 21st January | |||||
| 21st April | |||||
| 4 | 32(1) | Statement of deviation or variation | Quarterly | Within 21 days from the end of each quarter. | 21st July |
| 21st October | |||||
| 21st January | |||||
| 21st April | |||||
| 5 | 32(1) | Financial Results. | Quarterly | Within 45 days from quarter end . And in case of Annual Financial Result, within 60 days from end of Financial Year | 14th August |
| 14th November | |||||
| 14th February | |||||
| 30th May |
HALF YEARLY COMPLIANCE
| Sr.No | Regulation No. | Compliance | Quarterly/Half Yearly/Annually | Time Period | Due Date |
| 1 | 7(3) | Compliance Certificate certifying maintaining physical & electronic transfer facility | Half Yearly | Within one month of end of each half of the financial year. | 31st October |
| 30th April | |||||
| 2 | 40(9) | Certificate from Practicing Company Secretary. | Half Yearly | Within one month of the end of each half of the financial year. | 31st October |
| 30th April |
ANNUAL COMPLIANCE
| Sr.No | Regulation No. | Compliance | Quarterly/Half Yearly/Annualy | Time Period | Due Date |
| 1 | 14 | Listing Fees | Annualy | Within 30 days of the end of financial year | 30th April |
| 2 | 33(3) | Financial Results. | Annualy | Within 60 days of the end of financial year | 30th May |
| 3 | 34 | Annual Report | Annualy | Within 21 working days of it being approved and adopted in the annual general meeting. | Within 21 working days from AGM |
EVENT BASED COMPLIANCE
| Sr.No | Regulation No. | Compliance | Quarterly/Half Yearly/Annualy | Time Period |
| 1 | 7(5) | Intimation of appointment of Share Transfer Agent | Event Based | Within 7 days of Agreement with RTA |
| 2 | 28(1) | In-Principal Approval | Event Based | Prior to issuance of Security |
| 3 | 29 | Prior Intimations of Board Meeting for financial Result | Event Based | At least 5 clear working days in advance |
| 4 | 29 | Prior Intimations of Board Meeting for Buyback, voluntary delisting etc | Event Based | At least 2 clear working days in advance |
| 5 | 29 | Prior Intimations of Board Meeting for alteration in nature of securities | Event Based | At least 11 clear working days in advance |
| 6 | 30 | Disclosure of Disclosure of Price Sensitive Information | Event Based | |
| 7 | 31 | Shareholding Pattern prior to listing of securities | Event Based | One day prior to listing of securities |
| 8 | 42 | Record date or Date of closure of transfer books | Event Based | At least 7 clear working days in advance |
| 9 | 42 | Record date for declaring dividend and / or cash bonus | Event Based | At least 5 clear working days in advance |
| 10 | 44 | Voting results by shareholders | Event Based | Within 48 hours |
(Author can be reached at deepanshu@clcindia.com)
Quarterly compliance, serial number 5 regulation is 33(1) for financial results.
Failure to comply order i.e despite efforts by the retail investors to DMAT Physical share, what would be consequences for the retail investors.
Needed Excel File for the same
VERY USEFUL.THANKS.PLEASE GIVE FOR PROHIBITION ON INSIDER TRADING TOO.