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Compliances for Listed Companies

Compliances for Listed Companies

Companies are requested to refer to latest SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for detailed compliances.

To ensure the integrity of securities market and to protect the investors, the stringent compliance requirement mandated upon the Listed companies which are traded on the stock exchange. Compliance with SEBI (LODR) Regulations, 2015, which dictate detailed disclosure requirements, corporate governance norms, and other listing conditions.

Financial Disclosures:

Quarterly, Half-Yearly, and Annual Financial Results: Timely disclosure of unaudited or audited financial results with detailed formats and specifics provided under LODR regulations.

Annual Report: Submission of a comprehensive annual report including financial statements, director's report, auditor's report, and other mandatory details to the stock exchanges.

Corporate Governance:

Board Composition: Maintenance of an optimum combination of executive and non-executive directors, including independent directors.
Audit Committee: Constitution of an audit committee, nomination and remuneration committee, and stakeholders' relationship committee, among others.

Meetings: Holding minimum numbers of board meetings and committee meetings as specified under the Companies Act and LODR.
Shareholding Patterns and Disclosures:

Regular Disclosure of Shareholding Pattern:
Quarterly disclosures to the stock exchanges regarding the breakdown of shareholding of the listed entity.

Disclosure of Changes in Promoter Holdings: Immediate disclosure of any change in promoter holdings, along with reasons.

Insider Trading Regulations:

Compliance with SEBI (Prohibition of Insider Trading) Regulations, ensuring that insiders do not trade based on unpublished price-sensitive information.

Substantial Acquisition of Shares and Takeovers:

Compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, which includes disclosure of changes in shareholding when it crosses certain thresholds.

Event-Based Disclosures:

Disclosure of all material events or information like mergers, acquisitions, change in the capital structure, revision in credit ratings, among others, within stipulated timelines as per LODR.

Compliance Officer:

Appointment of a compliance officer to ensure compliance with securities laws and for redressal of investor grievances.

Investor Grievances:

Redressal of investor complaints through an effective grievance handling mechanism.

Annual Compliance Certificate:

Submission of an annual compliance certificate to the stock exchanges certifying adherence to all norms of listing agreements.

Corporate Social Responsibility (CSR):

Listed companies meeting specific financial criteria are required to formulate a CSR policy and ensure that a certain percentage of their profits is spent on CSR activities.

Our Team of experts is well versed with the Regulatory Requirements of SEBI and apart from it, team also provide the consultancy in the corporate actions and listing of the Company on the stock exchanges via IPOs and FPOs.

 
     
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