9911796707
TMI BlogImplementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entitiesX X X X Extracts X X X X X X X X Extracts X X X X ..... The report of the Expert Committee can be accessed here ] that was set up to inter-alia review the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( LODR Regulations or LODR ) from the point of view of facilitating ease of doing business for listed entities were approved by the SEBI Board and amendments to the LODR Regulations have been published in the Gazette of India on December 13, 2024 ( link ). 2. Consequently, this circular is being issued to give effect to certain recommendations of the Expert Committee and carry out consequential changes to the provisions of SEBI Master Circular dated November 11, 2024 , on compliance with the LODR Regulations by listed entities ( Master Circular ), the details of which ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the quarter, other than the last quarter, and 60 days from the end of the last quarter and the financial year. In this regard, the first quarterly Integrated Filing i.e., Integrated Filing (Governance) and Integrated Filing (Financial) which is applicable for the quarter ending December 31, 2024, may be filed within a period of 45 days from the end of the quarter. 5. The following material events / information shall be disclosed on a quarterly basis in the format specified as part of the Integrated Filing (Governance): a. Acquisition of shares or voting rights by listed entities in an unlisted company, aggregating to 5% or any subsequent change in holding exceeding 2% in terms of the provisions of Para A(1) of Part A of Schedule III of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cified by SEBI in this behalf. Accordingly, the services that a Secretarial Auditor cannot render to the listed entity are specified in Annexure 3 of this circular. 9. The Institute of Company Secretaries of India (ICSI) may bring the contents of this circular to the notice of all its members, including Practising Company Secretaries (PCS). Guidelines for disclosure of Employee Benefit Scheme related documents 10. Regulation 46(2)(za) of the LODR requires listed entities to disclose Employee Benefit Scheme Documents, excluding commercial secrets and such other information that would affect competitive position, framed in terms of SEBI (SBEB) Regulations, 2021[SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021]. Further, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7(2), reconciliation of share capital audit report and disclosure of voting results under regulation 44(3). Details of other filings to be brought under the single filing system shall be communicated by Stock Exchanges from time to time. System driven disclosure of certain filings 13. Stock Exchanges, in consultation with SEBI, shall specify the process, procedure and timelines for system driven disclosure of the following filing / disclosure requirements applicable to listed entities under the LODR Regulations : Sr. No. Regulation Filing 1. Regulation 31(1)(b) of LODR Shareholding Pattern 2. Regulation 30(6) r/w sub-para 3 of para A of part A of schedule III of LODR New rating(s) or revision in ratings Changes to the Master Circular 14. In ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
