Table of Contents
Compliance Requirement under SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015
SEBI – Securities Exchange Board of INDIA
1. Half Yearly Compliances:
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Sl. No. |
Regulation reference (Reg.) |
Compliance Particulars |
Timeline / Due Dates Quarter 1 (For the Quarter Ended June) |
Due Dates
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1 |
23(9) |
Disclosures of related party transactions |
30 days after the release of its standalone and consolidated financial results |
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2. Annual Compliances:
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Sl. No. |
Regulation reference (Reg.) |
Compliance Particulars |
Timeline / Due Dates Quarter 1 (For the Quarter Ended June) |
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1 |
7(3) |
Share Transfer Agent |
Within 30 days after the fiscal year's conclusion, |
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2 |
34(1) |
Annual Report |
Not later than the first day of dispatch to its stockholders. |
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3 |
40(10) |
Securities transfer, transmission, or transposition |
Within 30 days after the financial year's conclusion. |
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4 |
40(9) |
PCS Certificate on Share Transfer |
One month after the fiscal year's conclusion |
4. Compliance Based on Events:
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REGULATION REFERENCE |
WHEN TO COMPLY |
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Regulation 7(5) – Intimation of appointment of Share Transfer Agent |
Within 7 days after reaching an agreement with the RTA |
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Regulation 28 (1) - In-principle approval of recognized stock exchange(s) |
Prior to issuing securities |
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Regulation 29 (2) (a) - Prior intimation of Board meeting for Financial Results |
At least five days ahead of time (excluding the date of the intimation and date of the meeting) |
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Regulation 30 (6) – Disclosure of events or information |
All events or information mentioned in Part A of Schedule III must be disclosed to the stock exchange(s) as soon as reasonably feasible and no later than twenty-four hours after the event or information occurs. |
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Regulation 30 (6) – Disclosure of events or information |
Subparagraph 4 of Paragraph A of Part A of Schedule III requires disclosure of events within thirty minutes after the completion of the board meeting. |
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Regulation 45(3) – Change in name |
Prior permission from the Stock Exchange is required before filing an application with the Registrar of Companies. |
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Regulation 46 – Website |
The listed entity must have a working website with basic information about the listed entity. |
Relaxation of time constraints for some actions performed by Depository Participants:
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Sl. |
Compliance |
Extended timeline / Period of exclusion |
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1. |
Closure of demat account |
The period from April 1, 2021 to June 30, 2021 may be omitted from deadlines of 30 days if no costs are assessed for the period after receipt of the closure request. |
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2. |
Processing of the demat requests |
From April 1st, 2021 to July 31st, 2021, there will be a 15-day period. |
7. SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
The Securities and Exchange Board of India (SEBI) has published "Relaxation from compliance with certain provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 due to the COVID-19 pandemic" via notification / Circular No. SEBI/HO/CFD/DCR1/CIR/P/2020/49 issued and published on March 27, 2020.
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Sl. No. |
Regulation No. |
Compliance Particular |
Compliance Period (Due Date) |
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1 |
Regulation 30(1) |
Every person who, together with persons acting in concert with him, holds shares or voting rights entitling him to exercise 25% or more of the voting rights in a target company must disclose their aggregate shareholding and voting rights in such target company as of the 31st day of March in the form specified.
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The disclosures required by sub-regulations (1) and (2) must be disclosed within seven working days after the end of each fiscal year to;
• every stock exchange where the target company's shares are traded; and
• the target company's registered address |
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2 |
Regulation 30(2) |
The promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the thirty-first day of March, in such target company in such form as may
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3. |
Regulation 31(1) read with Regulation 28(3) of Takeover Regulations AUGUST 7, 2019 CIRCULAR |
The promoter of every listed company shall specifically disclose detailed reasons for encumbrance if the combined encumbrance by the promoter along with PACs with him equals or exceeds: a) 50% of their shareholding in the company; or b) 20% of the total share capital of the company, |
within 2 (two) working days |
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4. |
Regulation 31(4) |
Disclosure of encumbered shares |
The promoter of each target business, together with people working in concert with him, should declare their aggregate ownership and voting rights in such target company as of March 31st, in such manner as may be prescribed. |
8. SEBI (Prohibition of Insider Trading) Regulations, 2015
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Sl. No. |
Regulation No. |
Compliance Particular |
Compliance Period (Due Date)
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1 |
Regulation 7(2) “Continual Disclosures” |
Every promoter, employee, and director of every company shall disclose to the company the number of such securities acquired or disposed of within two trading days of such transaction if the aggregate traded value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, exceeds ten lakh rupees (10,00,000/-) or such other value as m |
Within two trading days after receiving the disclosure or becoming aware of such information, every business must notify. |
9. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
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Sl. No. |
Regulation No. |
Compliance Particular |
Compliance Period (Due Date)
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1 |
Schedule XIX - Para (2) of ICDR Read with Reg 108 of SEBI LODR |
“The issuer shall make an application for listing from the date of allotment, within such period as may be specified by the Board from time to time, to one or more recognized stock exchange(s)”.
In relation to the foregoing, it is stipulated that the Issuer must apply to the exchange/s for listing within 20 days of the date of allocation if there is a further issue of equity shares from the date of allotment (unless otherwise specified). |
Within 20 days of the allotted date
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2 |
Regulation 162 |
The term of the issuer's convertible securities shall not exceed eighteen months from the date of allotment. |
Within 18 months of the allotted date |
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3 |
SEBI CIRCULAR Aug 19, 2019 |
Stock exchange application for trading permission Listed businesses must apply to the stock exchange/s for trading authorization within 7 working days of the stock exchange/s granting listing approval. |
Within 7 working days of the listing approval date, |
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4 |
Regulation 76 Application for rights issue |
The issuer, along with lead managers and other parties involved in the issue, should provide an optional mechanism (non-cash mode only) to accept shareholder applications to apply for rights issues, subject to ensuring that no third-party payments are permitted in respect of any application. |
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5. |
Regulation 77 Service of Documents |
If the firm fails to use registered post, speed post, or courier services owing to Covid-19 circumstances, it will not be considered non-compliant within the specified period. The issuers must post the needed and essential papers on the websites of the firm, registrar, stock exchanges, and lead managers to the rights issue. |
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6 |
Regulation 84:
Advertisement |
The issuer has the option to print the advertising in publications other than those permitted by Regulation 84. The advertisement should also be made available on the following websites:
A. The Issuer's, Registrar's, Lead Managers', and Stock Exchanges' websites.
B. Use of television channels, radio, the internet, and other media to disseminate information about the procedure. |
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10. SEBI (Buyback of Securities) Regulations, 2018 (Buyback Regulations)
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Sl. No. |
Regulation No. |
Compliance Particular |
Compliance Period (Due Date)
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1 |
Regulation 11 and 24(iv) |
Extinguishment of stock shares as a result of a buyback The details of the extinguished and destroyed security certificates must be sent by the company to the stock exchanges where the firm's shares or other specified securities are listed within seven days of the certificates' extinguishment and destruction. |
7 days of certificate extinguishment and destruction |
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2 |
Regulation 24(i) (f) |
Minimum time between buyback and fund raising |
Temporary relaxation in the period of restriction provided in Regulation 24(i)(f) from “one year” to “six months” Applicable up to December 31, 2020 only |
SEBI Circulars Tracker: 1 August 2021 through 31 August 2021
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Sl. |
Particulars |
Link |
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1 |
HG Industries Limited - Takeovers |
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2 |
Extending the deadline for applying for membership in BSE Administration & Supervision Limited |
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3 |
Investors should be informed about the scheme's risk-o-meter, benchmark, and portfolio information. |
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4 |
Tracxn Technologies Limited Public Issues |
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5 |
Buybacks: Shriram Pistons and Rings Limited |
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6. |
Takeovers: Processing Status |
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7. |
Extension of the deadline for submitting public views on the consultation document for the implementation of Swing pricing |
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8. |
Indiabulls Housing Finance Limited - Draft Shelf Prospectus - Debt Offer Document |
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9. |
Prudent Corporate Advisory Services Limited :Public Issues |
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10. |
IDFC Multi Cap Fund: Mutual Funds |
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11. |
The SEBI has issued a circular on “Security and Covenant Monitoring Using Distributed Ledger Technology.” |
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12. |
Scanpoint Geomatics Limited: Right Issues |
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13. |
Megasoft Limited: Takeover |
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14. |
Changes to the operational guidelines for FPIs and DDPs as a result of the 2019 modification to the SEBI (Foreign Portfolio Investors) Regulations |
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15. |
Mutual Funds maintain current accounts at various banks. |
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16. |
Minimum number and holding of unit holders required for unlisted Infrastructure Investment Trusts (InvITs) |
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17 |
Hazoor Multi Projects Limited- Takeovers |
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18 |
Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2021 |
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19 |
Processing status - Scheme of Arrangement. |
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20 |
Press Releases - SEBI Board Meeting |
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21 |
Calendar Spread margin benefit in commodity futures contracts |
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22 |
Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 |
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23 |
Operational Circular for issue and listing of Non-Convertible Securities (NCS), Securitised Debt Instruments (SDI), Security Receipts (SR), Municipal Debt Securities and Commercial Paper (CP) |
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24 |
Notice For Meeting on Schemes - Notice of the meeting of the Equity Shareholders, Secured Creditors and Unsecured Creditors (“Meeting/(s)”) of Electrosteel Castings Limited. |
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25 |
Informal Guidance Sought by Vansh Capital Private Limited regarding SEBI (Investment Advisers) Regulations, 2013 |
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26 |
Guidelines on issuance of non-convertible debt instruments along with warrants (‘NCDs with Warrants’) in terms of Chapter VI – Qualified Institutions Placement of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 |
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27 |
Disclosure of shareholding pattern of promoter(s) and promoter group entities |
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28 |
Automation of Continual Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 - System driven disclosures - Ease of doing business |
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29 |
Tendering of shares in open offers, buybacks and delisting offers by marking lien in the demat account of the shareholders |
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30 |
SEBI Bulletin - June 2021 [MSWord] [MSExcel] |
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31 |
‘Security and Covenant Monitoring’ using Distributed Ledger Technology |
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32 |
Chairman’s speech dated August 13, 2021 at Inaugural Program for L.L.M. in Investment and Securities Law- NISM and MNLU |
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33 |
Orders - Order in the matter of Riddhi Siddhi Gluco Biols Limited |
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34 |
Segregation and Monitoring of Collateral at Client Level |
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35 |
Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19 |
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36 |
Chairman’s speech dated July 22, 2021 at NISM’s Second Annual Capital Markets Conference 2021 |
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37 |
Continuous disclosures in compliances by InvITs - Amendments |
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38 |
Continuous disclosures in compliances by REITs - Amendments |
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39 |
Extension of time for holding the Annual General Meeting (AGM) by top 100 listed entities by market capitalization |
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40 |
Circular on Timelines related to processing of scheme related applications filed by AMCs |
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Competition Commission of India (CCI)
The Competition Commission of India is a statutory body of the Government of India that was established on October 14, 2003, and is responsible for implementing The Competition Act, 2002, promoting competition throughout India, and preventing activities that have a significant adverse effect on competition in India.
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Sl. |
Particulars |
Link |
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1 |
The CCI fined Maruti Rs 200 crore for limiting dealer discounts. |
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2 |
CCI gets notice from Daimler AG under the Green Channel for internal corporate reform of the Daimler AG group of companies and is declared authorised. |
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3 |
CCI receives notice relating to acquisition of equity stake in PNB Housing Finance Limited by Pluto Investments S.à r.l. and Salisbury Investments Private Limited, under Green Channel and is deemed approved |
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4 |
Acquisition of Bikaji Foods International Limited by Lighthouse India Fund III has been approved by CCI, Lighthouse India III Employee Trust and Limited (Fund III) |
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5 |
Proposed combination involving acquisition by Zomato of 9.3% (approx stake in each of Grofers India and Hands on Trades Private Limited .) has been approved by CCI |
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6 |
Acquisition of shares by Plum Wood Investment and voting rights by Mr. Bhavish Aggarwal in ANI Technologies Private Limited has been approved by CII. |
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7 |
Acquisition of shares by MacRitchie Investments and Fort Canning Investments; and voting rights by Mr. Bhavish Aggarwal in ANI Technologies Private Limited has been approved by CII |
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