Quarterly Compliances applicable to listed entities under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other Applicable Regulations
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR") mandate listed companies to make various disclosures on a quarterly basis to the Stock Exchange(s) 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 Quarterly Compliances which the listed company is required to comply with on a time-to-time basis:
Quarterly Compliance is applicable as per the SEBI Regulations
|
Regulations |
Compliance |
Timeline and Due Date |
|
Regulation 13(3) of SEBI LODR |
Statement of Investor Complaints A statement giving the number of investor complaints pending at the beginning of the quarter, those received during the quarter, disposed of during the quarter and those remaining unresolved at the end of the quarter. Mode: XBRL (Integrated) |
Earlier: Within 21 days from the end of each quarter. Revised: Merged with Integrated Filing i.e., within 30 days of the end of the quarter. Due Date: 30th April, 30th July, 30th October, 30th January |
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Regulation 27(2) of SEBI LODR |
Corporate Governance The listed entity shall submit, to the recognised stock exchange(s), a quarterly compliance report on corporate governance in the format and within the timelines, as may be specified by the Board from time to time. It shall not apply in respect of: Listed entity having paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore, as on the last day of the previous financial year: Provided that where the provisions of Regulations 17 to 27, clauses (b) to (i) and (t) of Sub-Regulation 46 and Para C, D and E of Schedule V become applicable to a listed entity at a later date, it shall ensure compliance with the same within 6 months from such date. A listed entity that has listed its specified securities on the SME Exchange. Mode: XBRL (Integrated) |
Earlier: Within 21 days from the end of each quarter. Revised: Merged with Integrated Governance Filing i.e., within 30 days of the end of the quarter. Due Date: 30th April, 30th July, 30th October, 30th January |
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Regulation 31 of SEBI LODR |
Shareholding Pattern The listed entity shall submit to the stock exchange(s) a statement showing holding of securities and shareholding pattern separately for each class of securities, in the format specified by the Board from time to time, within the following timelines:
Within ten days of any capital restructuring of the listed entity resulting in a change exceeding two percent of the total paid-up share capital. |
Within 21 days from the end of each quarter. Note: In case of entities listed on the SME Exchange, the statement shall be submitted on a half-yearly basis within 21 days from the end of each half-year.
Note: Shareholding of the Company shall be placed before the Board for their Noting.
Due Date: 21st April, 21st July, 21st October, 21st January
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Regulation 32(1) of SEBI LODR |
Statement of deviation(s) or variation(s) It refers to a report that must be provided if there are any changes in how the funds raised through an issue (like an IPO) are used, compared to what was originally stated in the offer document. The statement must be provided until either:
Additionally, the use of proceeds must be effectively monitored to ensure they are used as planned. Note: statement(s) shall be placed before the audit committee for review and after such review, shall be submitted to the stock exchange. Mode: XBRL (Integrated) |
Within 45 days from the end of each quarter Note: In case of entities listed on the SME Exchange, the statement shall be submitted on a half-yearly basis within 45 days from the end of each half-year.
Merged with Integrated Financial Filing |
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Regulation 33 of SEBI LODR |
Financial Results
The listed entity shall submit Annual Audited Standalone Financial results for the financial year, along with the audit report and either with Statement on Impact of Audit Qualifications [applicable for audit report with modified opinion(s)] or a declaration [applicable for audit reports with unmodified opinion(s)].
Note: Kindly ensure trading window closure and pan freezing from time to time. Mode: XBRL (Integrated) |
Within 45 days of the end of each quarter (other than the last quarter). Within 60 days from the end of the financial year. Note: A listed entity which has listed their specified securities on the SME Exchange, any reference to "quarterly/quarter" shall be respectively read as "half yearly/half year"
Merged with Integrated Financial Filing Due Date: 29th May, 14 August, 14 November, 14 January |
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Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 |
The listed entity is required to confirm compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This regulation ensures the timely and proper conversion of physical securities into electronic form, improving transparency, efficiency, and investor protection. Mode: PDF |
Within 15 days from the end of each quarter. Due Date: 15th April, 15th July, 15th October, and 15th January |
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Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018 |
Reconciliation of Share Capital Audit Every issuer shall submit the audit report to the stock exchanges, audited by a qualified Chartered Accountant or a Practicing Company Secretary, for the purpose of reconciliation of the total issued capital, listed capital and capital held by depositories in dematerialized form, the details of changes in share capital during the quarter an the in-principle approval obtained by the issuer from all stock exchanges where it is listed in respect of such further issued capital. Mode: XBRL and PDF |
Within 30 days from the end of each quarter. Due Date: 30th April, 30th July, 30th October, 30th January |
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Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 |
SDD Compliance Certificate
If the Company is non-compliant SDD requirement the Company need to submit quarterly compliance certificate certified by Practicing Company Secretary till the time Company complies. If the Company is compliant. |
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The listed entities to whom the provisions of Regulation 24A of SEBI (LODR) Regulations, 2015 are not applicable, are required to confirm compliance status of SDD by submitting SDD Compliance Certificate in the prescribed format as certified by Practicing Company Secretary within 60 days from the end of the Financial Year
SDD Applicability to other Companies: The listed entities to whom the provisions of Regulation 24A of SEBI(LODR) Regulations, 2015 are applicable, are required to confirm compliance status of SDD in the Annual Secretarial Compliance Report. Mode: PDF |
Due date: Quarterly, Annually, based on type of Company. |
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Regulation 23 of SEBI LODR |
RPT Review by Audit Committee
The audit committee shall review, at least on a quarterly basis, the details of related party transactions entered into by the listed entity or its subsidiary pursuant to each of the omnibus approvals given. |
Review on a Quarterly basis |
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Regulation 23 of SEBI LODR |
Related Party Disclosure
Listed entity shall submit to Stock exchange disclosures of RPT in format specified by the Board Mode: XBRL |
Every Six months on the date of publication of its standalone and consolidated financial results. |
Integrated Filling
In order to facilitate ease of filing and compliance for listed entities, it has been decided to introduce Integrated Filing, in terms of regulation 10(1A) of the LODR Regulations, for the following Governance and Financial related periodic filings required under the LODR, which shall be applicable for the filings to be done for the quarter ending:
|
Sr. No. |
Regulation/Circular |
Periodic Filing |
Revised Timeline |
|
Integrated Filing (Governance) |
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1 |
13(3) |
Statement on redressal of investor grievances |
Within 30 days of the end of the quarter |
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2 |
27(2)(a) |
Compliance Report on Corporate Governance |
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Integrated Filing (Financial) |
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3 |
Reg. 30 read with section V-B of the Master circular |
Quarterly disclosure of outstanding default on loans/debt securities |
Within 45 days of the end of the quarter & 60 days from the end of the last quarter & financial year |
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4 |
32(1) |
Statement of Deviation(s) and Variation(s) |
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5 |
33(3) |
Financial Results |
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Conclusion
Quarterly compliances under SEBI LODR Regulations play a vital role in maintaining transparency, protecting investor interests, and ensuring good corporate governance among listed entities. Timely and accurate disclosures help build trust with stakeholders and maintain the integrity of the capital markets. Non-compliance can lead to penalties and reputational damage, making it essential for listed companies to stay updated with regulatory timelines and requirements. As regulatory expectations continue to evolve, listed entities must adopt a proactive and robust compliance framework to ensure consistent adherence and seamless reporting.
Disclaimer: This article provides general information existing at the time of preparation and we take no responsibility to update it with the subsequent changes in the law. The article is intended as a news update and Affluence Advisory neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this article. It is recommended that professional advice be taken based on specific facts and circumstances. This article does not substitute the need to refer to the original pronouncement.
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