Listed Entity is a company which has any of its securities listed on any recognized stock exchange and is obliged to comply with the various SEBI Regulations along with the Companies Act, 2013.
OBJECTIVE OF SEBI (LODR) REGULATIONS, 2015
The SEBI (LODR) Regulations, 2015 was introduced with the objective to line up the clauses of the listing agreement with the Companies Act, 2013 and to consolidate the conditions under different securities listing agreements in one single regulation.
COMMON OBLIGATION FOR LISTED ENTITY:
The common obligations for every listed security include:
1. General obligation of compliance (Regulation 5)
2. Appointment of obligations of Compliance Officer (Regulation 6)
3. Appointment of Share Transfer Agent (Regulation 7)
4. Co-operation with intermediaries registered with SEBI (Regulation 8)
5. Preservation of documents (Regulation 9)
6. E-Filing of information (Regulation 10)
7. Scheme of Arrangement (Regulation 11)
8. Payment of dividend or interest or redemption or repayment (Regulation 12)
9. Grievance Redressal Mechanism (Regulation 13)
10. Fees and other charges to be paid to the recognized stock exchanges (Regulation 14)
COMPLIANCES FOR A LISTED ENTITY:
The listed entity needs to comply with the following compliances as per its applicability under SEBI (LODR) Regulations, 2015:
- Quarterly Compliances
- Half Yearly Compliances
- Annual Compliances
- Event Based Compliances
Page Contents
QUARTERLY COMPLIANCES FOR A LISTED COMPANY
| S.No | REGULATION | COMPLIANCE | TIMELINE | MODE OF SUBMISSION |
| 1. | Regulation 31(1)(b) | Disclosure of Shareholding Pattern | Within 21days from the end of the quarter | • In XBRL
On website of the Company |
| 2. | Regulation 27(2)(a) | Corporate Governance Report | Within 15days from the end of the quarter | • In XBRL
On website of the Company |
| 3. | Regulation 33(3)(a) | Financial Results along with Limited review report | Within 45days from the end of the quarter | • Along with outcome of BM
• In PDF (within 30 minutes of conclusion of BM) • In XBRL (within 24hrs from uploading of PDF results) On website of the Company |
| 4. | Regulation 13(3) | Statement of Grievance Redressal Mechanism | Within 21days from the end of the quarter | • In XBRL |
| 5. | Regulation 32(1) | Reconciliation of Share Capital audit report | Within 30days from the end of the quarter | • In XBRL
• In PDF |
| 6. | SEBI (PIT) Regulations, 2015 | Closure of Trading Window | As soon as the quarter ends | • In PDF
• RTA
|
HALF YEARLY COMPLIANCES FOR A LISTED COMPANY
| S.No | REGULATION | COMPLIANCE | TIMELINE | MODE OF SUBMISSION |
| 1. | Regulation 23(9) | Disclosures of related party transactions
(Format of the same is prescribed by the BSE Ltd) |
30days from the date of publication of its standalone and consolidated financial results | • In PDF
• In XBRL (NSE has not yet prescribed the XBRL Format) On website of the Company |
| 2. | Regulation 33 | Financial Results | Within 45days from the end of the quarter
The following shall be also required: 1. Statements of Assets & Liabilities 2. Statement of Cash Flow |
• Along with outcome of BM
• In PDF (within 30 minutes of conclusion of BM) • In XBRL (within 24hrs from uploading of PDF results) On website of the Company |
ANNUAL COMPLIANCES FOR A LISTED COMPANY
| S.No | REGULATION | COMPLIANCE | TIMELINE | MODE OF SUBMISSION |
| 1. | Regulation 7(3) | Share Transfer Agent | Within 30days from the end of the financial year | • In PDF |
| 2. | Regulation 14 | Payment of listing fees & other charges | Within 1 month from the end of financial year | • Payment through RTGS/NEF |
| 3. | Regulation 23(9) | Disclosures of related party transactions | 30days from the date of publication of its standalone and consolidated financial results | • In PDF
• In XBRL (NSE has not yet prescribed the XBRL Format) |
| 4. | Regulation 24A | Secretarial Compliance Report | Within 60days of the end of the financial year | • In XBRL
On the website of the Company |
| 5. | Regulation 26(3) | Compliance with code of conduct | At the 1st Board Meeting in every financial year | • In PDF |
| 6. | Regulation 33(3)(d) | Financial Results along with Auditors Report | Within 60days from the end of the financial year | • In PDF
• In XBRL |
| 7. | Regulation 34(1) | Annual Report | Not later than the day of commencement of dispatch to its shareholders | • In PDF
• In XBRL On website of the Company |
| 8. | Regulation 40(9) | Certificate from Practicing Company Secretary | Within 1 month from the end of the financial year | • In PDF
• In XBRL |
| 9. | Regulation 40(10) | Transfer or transmission of transposition of securities | Within 30days from the end of the financial year | • In PDF |
| 10. | Regulation 44(3) | Submission of voting results | Within 2 working days of the conclusion of General Meeting | • In PDF
• In XBRL |
| 11. | Circular NO. SEBI/HO/DDHS/CIR/P/2018/144 | Initial Disclosure requirements for large entities | Within 30days from the beginning of the financial year | • In PDF
• In XBRL |
| 12. | Circular NO. SEBI/HO/DDHS/CIR/P/2018/144 | Annual Disclosure requirements for large entities | Within 45days from the end of the financial year | • In PDF |
| 13. | Consolidated Scrutinizer Report | Within 3 days of conclusion of AGM | • In PDF |
EVENT BASED COMPLIANCE FOR A LISTED COMPANY
| S.No | REGULATION | COMPLIANCE | TIMELINE | MODE OF SUBMISSION |
| 1. | Regulation 7(5) | Intimation of appointment of Share Transfer Agent | Within 7 days of agreement with RTA | • In PDF
|
| 2. | Regulation 28(1) | In-Principle approval of recognized stock exchange | Before issuing securities | • In PDF (Format of the same is prescribed by the stock exchange) |
| 3. | Regulation 29(2)(b) to (f) | Prior intimation of Board Meeting for Buyback, Dividend, Raising of funds, Voluntary Delisting etc | At least 2 working days in advance, excluding
1.Date of the intimation and 2. Date of the meeting |
• In PDF |
| 4. | Regulation 29(2)(a) | Prior intimation of Board Meeting for financial results | At least 5 days in advance, excluding 1.Date of the intimation and
2.Date of the meeting |
• In PDF
• In XBRL • Newspaper advertisement in one English and One National daily newspaper On website of the Company |
| 5. | Regulation 29(3) | Prior intimation of Board Meeting for alteration in nature of securities | At least 11 working days in advance | • In PDF
• In XBRL • Newspaper advertisement in one English and One National daily newspaper On website of the Company |
| 6. | Regulation 30(6) | Disclosure of events or information | Disclose to stock exchanges of all events as soon as reasonably possible but not later than 24hours from the occurrence of event or information | • In PDF
On website of the Company |
| 7. | Regulation 30(6) | Disclosure of events or information | Disclosure with respect to events specified in sub-para 4 of Part A shall be made within 30minutes of the conclusion of the Board Meeting | • In PDF
On website of the Company |
| 8. | Regulation 31(1)(a) | Shareholding Pattern prior to listing of securities | 1day prior to listing of securities | • In PDF
• In XBRL |
| 9. | Regulation 31(1)(c) | Shareholding Pattern in case of capital restructuring | Within 10days of any change in capital restructuring resulting in a change exceeding 2% of the total paid up share capital | • In XBRL |
| 10. | Regulation 37(2) | Draft Scheme of arrangement | Obtain observation letter or No-objection letter from the stock exchanges before filing the scheme with any court or tribunal | • In PDF |
| 11. | Regulation 39(3) | Loss of share certificates and issue of the duplicate certificates | Within 2days of getting information | • In PDF
• In XBRL |
| 12. | Regulation 44(3) | Voting results | Within 48hours of conclusion of Board Meeting | • In PDF
• In XBRL |
| 13. | Regulation 45(3) | Change in name | Prior approval from the stock exchanges before filing the application with ROC | • In PDF |
| 14. | Regulation 46 | Website Updation | The listed entity shall maintain a functional website containing the basic information about the listed entity | On the website of the Company |
Author: Shreya Vijaywargi
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Author Bio
Hi author,
Good complication .Expecting more good articles .
Thanks
Sankar ACMA, ACS.