SEBI LODR Compliance for Listed Companies

SEBI (LODR) Regulations 2015 — Regulation 27 (corporate governance compliance report quarterly within 21 days of quarter-end), Regulation 29 (board meeting intimation at least 2 working days before meeting; 11 working days for financial results), Regulation 30 (material event/information disclosure to stock exchanges within 24 hours of occurrence or decision — Schedule III Part A and Part B events), Regulation 33 (quarterly/annual financial results — standalone and consolidated — within 45 days for Q1/Q2/Q3 and 60 days for Q4/annual), Regulation 23 (related party transactions — prior approval of audit committee for all RPTs; shareholder approval for material RPTs > 10% of consolidated annual turnover), Regulation 24A (annual secretarial compliance report in ICSI format — within 60 days of end of financial year), Regulation 34 (annual report within 21 working days of AGM), Regulation 44 (e-voting for listed companies), Companies Act 2013 Section 149(3) (at least one woman independent director for top 1000 listed companies by market cap).

Listed companies in India operate under one of the most demanding regulatory frameworks globally. The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 — commonly referred to as LODR — prescribe a comprehensive calendar of quarterly, half-yearly, and annual compliance obligations that listed entities must discharge without fail. Failure to comply attracts penalties, exchange scrutiny, and reputational damage that can materially affect market perception and share price. Our SEBI LODR Compliance service is designed to serve as your end-to-end compliance backbone, ensuring every filing deadline, disclosure requirement, and board-level approval is managed proactively and accurately.

At the core of ongoing LODR compliance are quarterly financial results under Regulation 33, which mandate filing of unaudited quarterly and year-to-date financial results — both standalone and consolidated — within 45 days of the quarter-end for Q1, Q2, and Q3, and within 60 days of the financial year-end for Q4 and the annual audited results. Each filing must carry the CEO/CFO certification, audit committee recommendation, and board approval. Simultaneously, Regulation 29 requires intimation to stock exchanges at least 2 working days — or 11 working days in the case of financial results — before any scheduled board meeting at which agenda items include approval of financials, dividends, or other material decisions.

Material event disclosure under Regulation 30 is another critical pillar. Schedule III Part A and Part B of the LODR Regulations enumerate events that must be disclosed to stock exchanges within 24 hours of the occurrence of the event or the decision thereof. We also manage compliance with Regulation 23 governing Related Party Transactions (RPTs): ensuring prior audit committee approval for all RPTs, seeking shareholder approval for material RPTs exceeding 10% of consolidated annual turnover. Our service culminates each financial year with the preparation and filing of the Annual Secretarial Compliance Report under Regulation 24A, prepared in the ICSI-prescribed format and filed within 60 days of the end of the financial year.