Every Listed company shall have a functional website containing the basic information about the Listed entities. It shall disseminate the following information as per SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015)-
Details of its Business
Terms and conditions of Appointment of Independent Directors
Composition of various committees of Board of Directors
Code of conduct of Board of Directors and senior management personnel
Details of establishment of vigil mechanism/ Whistle Blower policy
Criteria of making payments to non-executive directors, if the same has not been disclosed in annual report
Policy on dealing with related party transactions
Policy for determining material subsidiaries
Details of familiarization programmes imparted to independent directors including the following details:
The email address for grievance redressal and other relevant details
Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances
Financial information including:
Details of agreements entered into with the media companies and/or their associates, etc.
Schedule of analyst or institutional investor meet and presentations made by the listed entity to analysts or institutional investors simultaneously with submission to stock exchange
New name and the old name of the listed entity for a continuous period of one year, from the date of the last name change
Regulation 47 of SEBI (LODR) regulations 2015 talks about Advertisement in Newspapers. Items stated in sub-regulation (1) are to be published on the website
The Dividend Distribution policy, if any, which is been duly formulated by Company has to be disclosed in their Annual Reports and on their Websites.
The listed entity shall make disclosures under Regulation 30, which talks about the materiality of events or information wherein the listed entity shall make necessary disclosure on its website for a minimum period of five year or as per the archival policy of the Company.
Key Managerial persons who have been appointed for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchange(s) under regulation 30 and also the contact details of such personnel shall be also disclosed on the website.
Note: The listed entity shall ensure that the contents of the website are correct. The listed entity shall update any change in the content of its website within two working days from the date of such change in content.
Source: No. SEBI/LAD-NRO/GN/2015-16/013
Author: Monica Thakur is Associate Company Secretary with M&K Associates and can be reached at email@example.com