SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015:

Compliance track for ‘Debt Listed Entities’: Chapter V of SEBI(LODR) Regulations 2015 prescribes the obligations for those Listed Entities which has listed its “Non-Convertible Debt Securities and Non-Convertible Redeemable Preferences Shares

A. Annual General Meeting(AGM) : SEBI Listing Regulations 2015 (LODR)
S No.
Regulation/Part/Schedule
SEBI (LODR) requirement
Time period
Due date
1.
Schedule III, Part A, Para A (13) of
Proceedings of AGM to be sent to the Stock Exchanges
Within 24 hours of conclusion of AGM
Event base
2.
Regulation 44(3)
Submit to Stock Exchanges
Within 48 hours of conclusion of AGM
Event base
B.  “NC Debentures & NC Redeemable Preferences Shares.” SEBI Listing Regulations 2015 (LODR)
1.
Regulation 7(2) & (3) Submit a compliance certificate for share transfer to Stock Exchange
April-September,
Within 1 Month of end of half year
31st October
October-March
30th April
2.
Regulation 13(3) Grievance Redressal Mechanism –
April –June
Within 21 days from quarter end..
21st  July
July-September
21st October
October – December
21st  January
January-March
21st  April
3.
Regulation 50(1)
Prior intimation for payment of interest/Redemption amount
At least 11 days prior to date of payment of Interest/Redemption amount
At least 11 days prior to payment date
4.
Regulation 52(1) Half yearly un-audited or audited Financial Results
April-September
Within 45 days from end of half year
14th November
October-March
15th May
5.
Regulation 52(8)
Publication of financial result
within 2 calendar days of conclusion of Board Meeting
within 2 calendar days
6.
Regulation 54(2)
Company has to submit with Stock Exchange a financial statement of security created
Quarterly, half yearly, annually
End of Each quarter End of half year and Annually
7.
Regulation 55
Credit Rating
Reviewed at least once in a year
Reviewed at least once in a year
8.
Regulation 56(1)(d)
Half-yearly certificate for maintenance of 100% asset cover
Not applicable to BANKS & NBFCs registered with RBI or bonds are held by Govt.
Half-yearly
Half-yearly
9.
Regulation 57(1)
Certificate of timely payment of the interest or principal or both
within 2 days of becoming due
within 2 days of becoming due
10.
Regulation 57(2)
Undertaking to stock exchange for compliance of documents to Deb. Trustee
Annual basis stating all documents are submitted to debenture trustees
Yearly based compliance
11.
Regulation 60 (2)
Prior intimation to SE of record date for payment of Interest(excluding the date of intimation and record date)
7 days prior to record date
7 days prior to record date
Calculation of New Face Value after redemption:
= (No. of NCDs x Old face value) – Redemption value of NCDs
No. of NCDs

Author of the article: Monica Thakur, B. Com (Comp.), Company Secretary (CS)

For any queries pertaining to the matter above the author can be reached at monicathakur2020@gmail.com

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Qualification: CS
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Location: Hyderabad, Telangana, IN
Member Since: 31 Jul 2018 | Total Posts: 3

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