Affluence Advisory
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) mandates listed companies to make various disclosures on a quarterly, half-yearly, and annual basis to ensure transparency and protect the interests of investors.
These disclosures cover financial results, corporate governance practices, shareholding patterns, related party transactions, and other significant events. Following is the list of compliances with which the listed company is required to comply:
- Quarterly Compliance
- Half Yearly Compliance
- Annual Compliance
1. Quarterly Compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
|
Regulation |
Compliance/Disclosures/Report |
Timeline |
Due Date |
|||
|
Q1 Ending June |
Q2 Ending September |
Q3 Ending December |
Q4 Ending March |
|||
|
Regulation 31(1) (b) |
Disclosure of Shareholding Pattern |
Within the 21st day from the end of the quarter |
By 21st July |
By 21st October |
By 21st January |
By 21st April |
|
27(2) (a) Corporate Governance Report |
Corporate Governance Report |
Within 21 days from the end of the quarter. |
By 21st July |
By 21st October |
By 21st January |
By 21st April |
|
Regulation 33 (3) (a) |
Financial Results along with Limited review report/Auditor's report |
Within 45 days from the end of the quarter |
By 14th August |
By 14th November |
By 14th February |
By 15th May |
|
Regulation 13 (3) |
Statement of Grievance Redressal Mechanism |
Within 21 days from the end of the quarter. |
By 21st July |
By 21st October |
By 21st January |
By 21st April |
|
Regulation 32 (1) |
Statement of deviation(s) or variation(s) |
Within 45 days from the end of the quarter |
By 14th August |
By 14th November |
By 14th February |
By 15th May |
|
Reconciliation of share capital audit report |
Within 30 days from the end of the quarter. |
By 30th July |
By 30th October |
By 30th January |
By 30th April |
|
2. Half Yearly Compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
|
Regulation |
Compliance/Disclosures/Report |
Timeline |
Due Date |
|
|
Half-yearly Ending September |
Half-yearly Ending March |
|||
|
Regulation 23 (9) |
Disclosures of related party transactions |
30 days from the date of publication of its standalone and consolidated financial results. |
By 14th December |
By 29th June |
3. Annual Compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
|
Regulation |
Compliance/Disclosures/Report |
Timeline |
Due Date |
|
Regulation 24A |
Secretarial Compliance Report |
within 60 days of the end of the financial year |
By 30th May every year |
|
Regulation 26 (3) |
Annual affirmations for compliance with code of conduct |
At the 1st BM in every Financial Year |
At the 1st Board Meeting in every Financial Year |
|
Regulation 7 (3) |
Share Transfer Agent |
Within 30 days from the end of the financial year. |
By 30th April |
|
Regulation 14 |
Payment of listing fees & Other charges |
Within 1 month of the end of 31st March every year |
By 30th April |
|
Regulation 33 (3) (d) |
Financial Results along with Auditor's Report |
Within 60 days from the end of the financial year |
By 30th May every year |
|
Regulation 34(1) |
Annual Report |
Not later than the day of commencement of dispatch to its shareholders. |
Not less than 21 days before the AGM |
|
Regulation 40 (10) |
Transfer or transmission or transposition of securities |
Within 30 days from the end of the financial year |
By 30th April |
|
Circular No. SEBI/HO/DDHS/CIR/P/2018/144 |
Initial Disclosure requirements for large entities |
Within 30 days from the beginning of the FY |
By 30th April |
|
Circular No. SEBI/HO/DDHS/CIR/P/2018/144 |
Annual Disclosure requirements for large entities |
Within 45 days of the end of the FY |
By 15th May |
|
Regulation 40 (9) |
Certificate from Practicing Company Secretary. |
Within one month of the end of the financial year. |
By 30th April |
|
Regulation 44 (3) |
Submission of Voting Results to Stock Exchange |
Within two working days of the conclusion of General Meeting |
|
Conclusion
In conclusion, adherence to SEBI regulations is imperative for maintaining the integrity, transparency, and efficiency of the Indian capital markets. The quarterly, half-yearly, and yearly SEBI listed compliance reports serve as vital tools for ensuring that listed entities operate within the bounds of regulatory requirements and uphold investor confidence.
Through meticulous monitoring and reporting of financial statements, corporate governance practices, and disclosure norms, companies demonstrate their commitment to regulatory compliance and stakeholder trust. Moreover, these compliance mechanisms foster greater accountability, helping to mitigate risks and safeguard investor interests.
As we navigate an increasingly dynamic and complex business environment, the significance of regulatory compliance cannot be overstated. By embracing a culture of compliance and implementing robust internal controls, companies can not only mitigate regulatory risks but also enhance their corporate reputation and long-term sustainability.
In essence, the quarterly, half-yearly, and yearly SEBI listed compliance reports serve as vital checkpoints in the regulatory landscape, ensuring that listed entities operate ethically,
Transparently, and in accordance with the highest standards of corporate governance. By upholding these standards, companies contribute to the overall health and resilience of the Indian capital markets, fostering trust and confidence among investors, regulators, and stakeholders alike.
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