Clarification on the position of Compliance Officer in terms of regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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..... liance Officer in terms of regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Reg. 1. The proviso to regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") inter-alia requires the Compliance Officer of a listed entity to be in whole-time employment of the listed entity, not more than one leve .....

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..... section 2(51) of the Companies Act, 2013. 4. In case a listed entity does not have a Managing Director or a Whole-Time Director, then the Compliance Officer cannot be more than one-level below the Chief Executive Officer or Manager or any other person heading the day-day affairs of the listed entity. 5. The Circular is issued in exercise of the powers conferred under Section 11(1) of the Securi .....

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