Disclosure of events or information.
(2) Events specified in Part A of Schedule III.To view the schedule,Click Here are deemed to be material events and listed entity shall make disclosure of such events.
(3) The listed entity shall make disclosureAdvisory issued by SEBI on disclosures in the light of CoVID – 19 pandemic vide circular dated 20.05.2020. To view the circular, Click Here. of events specified in Para B of Part A of Schedule III, based on application of the guidelines for materiality, as specified in sub-regulation (4).
(4)Refer SEBI & BSE Circular dated 13.07.2023 regarding Disclosure of material events/ information by listed entities under Regulations 30 and 30A of SEBI (LODR) Regulations, 2015. To view the SEBI circular, Click here. To view the BSE circular, Click here. (i) The listed entity shall consider the following criteria for determination of materiality of events/ information:
(a) the omission of an event or information, which is likely to result in discontinuity or alteration of event or information already available publicly; or
(b) the omission of an event or information is likely to result in significant market reaction if the said omission came to light at a later date; or
(c)1.Refer SEBI, BSE and NSE Circular dated 23.04.2025 for FAQs on SEBI (LODR) (Third Amendment) Regulations, 2024 dated 12.12.2024 and SEBI Circular dated 31.12.2024. To view the SEBI Circular Click Here. To view BSE Circular, Click Here. To view the NSE Circular, Click Here
2.Substituted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here the omission of an event or information, whose value or the expected impact in terms of value, exceeds the lower of the following:
(1) two percent of turnover, as per the last audited consolidated financial statements of the listed entity;
(2) two percent of net worth, as per the last audited consolidated financial statements of the listed entity, except in case the arithmetic value of the net worth is negative;
(3) five percent of the average of absolute value of profit or loss after tax, as per the last three audited consolidated financial statements of the listed entity
(c) In case where the criteria specified in sub-clauses (a) and (b) are not applicable, an event/information may be treated as being material if in the opinion of the board of directors of listed entity, the event / information is considered material.
(d)Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here In case where the criteria specified in sub-clauses (a), (b) and (c) is not applicable, an event or information may be treated as being material if in the opinion of the board of directors of the listed entity, the event or information is considered material:
Provided that any continuing event or information which becomes material pursuant to notification of these amendment regulations shall be disclosed by the listed entity within thirty days from the date of coming into effect of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023
(ii) The listed entity shall frame a policy for determination of materiality, based on criteria specified in this sub-regulation, duly approved by its board of directors, which shall be disclosed on its website.
Provided thatInserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here such a policy for determination of materiality shall not dilute any requirement specified under the provisions of these regulations:
Provided further thatInserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here such a policy for determination of materiality shall assist the relevant employees of the listed entity in identifying any potential material event or information and reporting the same to the authorized Key Managerial Personnel, in terms of sub-regulation (5), for determining the materiality of the said event or information and for making the necessary disclosures to the stock exchange(s)
(5) The board of directors of the listed entity shall authorize one or more Key Managerial Personnel for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchange(s) under this regulation and the contact details of such personnel shall be also disclosed to the stock exchange(s) and as well as on the listed entity’s website.
(6) Refer NSE Circular dated 01.082025 regarding System driven disclosure for Credit Rating- Regulation 30 and ESG Rating as per SEBI LODR, 2015. To view the NSE Circular, Click here. Refer BSE & NSE Circulars dated 02.04.2025 regarding updates on the implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities- Disclosure of Integrated Filing- Financial. To view the BSE Circular, Click Here. To view the NSE Circular, Click Here. Refer SEBI Circular dated 31.12.2024 regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities. To view the SEBI Circular, Click Here. Refer SEBI & BSE Circular dated 13.07.2023 regarding Disclosure of material events/ information by listed entities under Regulations 30 and 30A of SEBI (LODR) Regulations, 2015. To view the SEBI circular, Click here. To view the BSE circular, Click here. Substituted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here The listed entity shall first disclose to the stock exchange(s) all events or information which are material in terms of the provisions of this regulation as soon as reasonably possible and in any case not later than the following:(i) thirty minutes from the closure of the meeting of the board of directors in which the decision pertaining to the event or information has been taken :Substituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. ;
Provided thatInserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. in case the meeting of the board of directors closes after normal trading hours of that day but more than three hours before the beginning of the normal trading hours of the next trading day, the listed entity shall disclose the decision pertaining to the event or information, within three hours from the closure of the board meeting:
Provided further thatInserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. in case the meeting of the board of directors is being held for more than one day, the financial results shall be disclosed within thirty minutes or three hours, as applicable, from closure of such meeting for the day on which it has been considered.
(ii) twelve hours from the occurrence of the event or information, in case the event or information is emanating from within the listed entity;
(iii) twenty four hours from the occurrence of the event or information, in case the event or information is not emanating from within the listed entity:
Provided thatInserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. if all the relevant information, in respect of claims which are made against the listed entity under any litigation or dispute, other than tax litigation or dispute, in terms of sub-paragraph 8 of paragraph B of Part A of Schedule III, is maintained in the structured digital database of the listed entity in terms of provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the disclosure with respect to such claims shall be made to the stock exchange(s) within seventy-two hours of receipt of the notice by the listed entity:
Provided furtherInserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. that disclosure with respect to events for which timelines have been specified in Part A of Schedule III shall be made within such timelines: Provided further that in case the disclosure is made after the timelines specified under this regulation, the listed entity shall, along with such disclosure provide the explanation for the delay
Explanation: Normal trading hours shall mean time period for which the recognized stock exchanges are open for trading for all investors.Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here.(6) The listed entity shall first disclose to stock exchange(s) of all events, as specified in Part A of Schedule III, or information as soon as reasonably possible and not later than twenty four hours from the occurrence of event or information:
Provided that in case the disclosure is made after twenty four hours of occurrence of the event or information, the listed entity shall, along with such disclosures provide explanation for delay:
Provided further that disclosure with respect to events specified in sub-para 4 of Para A of Part A of Schedule III shall be made within Substituted vide SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 notification dated 05.05.2021. To view the notification, Click Here thirty minutes of the conclusion of the board meeting.
(7) The listed entity shall, with respect to disclosures referred to in this regulation, make disclosures updating material developments on a regular basis, till such time the event is resolved/closed, with relevant explanations.
(8) The listed entity shall disclose on its website all such events or information which has been disclosed to stock exchange(s) under this regulation , and such disclosures shall be hosted on the website of the listed entity for a minimum period of five years and thereafter as per the archival policy of the listed entity, as disclosed on its website.
(9)Refer SEBI, BSE and NSE Circular dated 23.04.2025 for FAQs on SEBI (LODR) (Third Amendment) Regulations, 2024 dated 12.12.2024 and SEBI Circular dated 31.12.2024. To view the SEBI Circular Click Here. To view BSE Circular, Click Here. To view the NSE Circular, Click Here.The listed entity shall disclose all events or information with respect to subsidiaries which are material for the listed entity.
(10) The listed entity shall provide specific and adequate reply to all queries raised by stock exchange(s) with respect to any events or information:
Provided that the stock exchange(s) shall disseminate information and clarification as soon as reasonably practicable.
(11) Refer SEBI Master Circular dated 11.11.2024 and BSE Circular dated 11.03.2025 for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities. To view the SEBI Circular, Click Here. To view the BSE Circular, Click Here. Click Here to view NSE Circular on Verification of Market Rumours- path for submission dated 03.06.2024. Click Here to view BSE Circular on Verification of Market Rumours- path for submission dated 03.06.2024. Click Here to view SEBI Circular on Framework for considering unaffected price for transactions upon confirmation of market rumour dated 21.05.2024. Click Here to view NSE Circular on Framework for considering unaffected price for transactions upon confirmation of market rumour dated 21.05.2024 Click Here to view BSE Circular on Framework for considering unaffected price for transactions upon confirmation of market rumor dated 21.05.2024. Click Here to view SEBI Circular on Industry Standards on verification of market rumours dated 21.05.2024 Click Here to view NSE Circular on Industry Standards on verification of market rumours dated 21.05.2024 Click Here to view BSE Circular on Industry Standards on verification of market rumors dated 21.05.2024 The listed entity may on its
Provided further thatInserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here if the listed entity confirms the reported event or information, it shall also provide the current stage of such event or information:Substituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2024 dated 17.05.2024 w.e.f., 31.12.2024. To view the Notification, Click Here. .
Provided further that1. Refer SEBI Master Circular dated 11.11.2024 and BSE Circular dated 11.03.2025 for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities. To view the SEBI Circular, Click Here. To view the BSE Circular, Click Here
2. Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2024 dated 17.05.2024 w.e.f., 31.12.2024. To view the Notification, Click Here. when the listed entity confirms within twenty four hours from the trigger of material price movement, any reported event or information on which pricing norms provided under Chapter V or Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 or pricing norms provided under Regulation 8 or Regulation 9 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 or pricing norms provided under Regulation 19 or Regulation 22B of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 or any other pricing norms specified by the Board or the stock exchanges are applicable, then the effect on the price of the equity shares of the listed entity due to the material price movement and confirmation of the reported event or information may be excluded for calculation of the price for that transaction as per the framework as may be specified by the Board.
ExplanationOmitted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2024 dated 17.05.2024 w.e.f., 31.12.2024. To view the Notification, Click Here.
Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here – The top 100 and 250 listed entities shall be determined on the basis of market capitalization, as at the end of the immediately preceding financial year.
(11A)Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2024 dated 17.05.2024. To view the Notification, Click Here. The promoter, director, key managerial personnel or senior management of a listed entity shall provide adequate, accurate and timely response to queries raised or explanation sought by the listed entity in order to ensure compliance with the requirements under sub-regulation 11 of this regulation and the listed entity shall disseminate the response received from such individual(s) promptly to the stock exchanges.
(12) In case where an event occurs or an information is available with the listed entity, which has not been indicated in Para A or B of Part A of Schedule III, but which may have material effect on it, the listed entity is required to make adequate disclosures in regard thereof.
(13)Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here In case an event or information is required to be disclosed by the listed entity in terms of the provisions of this regulation, pursuant to the receipt of a communication from any regulatory, statutory, enforcement or judicial authority, the listed entity shall disclose such communication, along with the event or information, unless disclosure of such communication is prohibited by such authority.
SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2021 dated 08.01.2021
SEBI (LODR) (Third Amendment) Regulations, 2020 dated 08.10.2020
SEBI Corrigendum dated 06.08.2021
SEBI Notification dated 09.10.2023 regarding SEBI (LODR) (Fifth Amendment) Regulations, 2023
SEBI Notification dated 14.06.2023 regarding SEBI (LODR) (Second Amendment) Regulations, 2023
SEBI Notification dated 17.01.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulation, 2023.
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 dated 05.05.2021
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 dated 03.08.2021
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2024 dated 17.05.2024
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2018 dated 1.06.2018
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024
BSE Circular dated 10.10.2023 regarding Extension of timeline for verification of market rumours by listed entities
BSE Circular dated 13.07.2023 regarding Disclosure of material events/ information by listed entities under Regulations 30 and 30A of SEBI (LODR) Regulations, 2015
BSE Circular dated 13.10.2023 regarding SEBI (LODR) (Fifth Amendment) Regulations, 2023
BSE Circular dated 14.07.2023 regarding Guidance on filing Announcements through BSE listing centre pursuant to the SEBI (LODR) (Second Amendment) Regulations, 2023
BSE Circular dated 16.05.2023 regarding FAQ’s on filing of announcements in XBRL format on BSE Listing Centre
BSE Circular dated 18.10.2022 regarding the XBRL format of announcement pertaining to Acquisition, Amalgamation/Merger, De-merger, Sale or disposal of unit, Other Restructuring.
BSE Circular dated 25.01.2024 regarding Extension of timeline for verification of market rumours by listed entities
BSE Circular dated 27.01.2023 regarding filing of announcements in XBRL format on BSE listing centre.
BSE Circular dated 31.03.2023 regarding filing of announcements in XBRL format on BSE listing centre.
BSE Circular on Updation of Information on BSE Website dated 27.01.2020
BSE Circular on Verification of Market Rumours- path for submission dated 03.06.2024
BSE Circular regarding Industry Standards on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 dated 25.02.2025
BSE Circular regarding SEBI Master circular for compliance with the provisions of the SEBI (LODR) Regulations, 2015 by listed entities dated 11.03.2025
BSE Circular regarding update on single filing system through API-based integration between Stock Exchanges dated 28.02.2025 effective from 01.03.2025
BSE Circular regarding update on submission of Integrated Filing- Governances dated 01.04.2025
BSE Circular regarding updates on the implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities- Disclosure of Integrated Filing- Financial dated 02.04.2025
BSE Guidance Note dated 29.07.2022 on disclosures pertaining to analysts / institutional investors meet and best practices
Circular on disclosure of divergence in the asset classification and provisioning by banks dated 31.10.2019
Circular on disclosure of schemes involving merger of a wholly owned subsidiary or its division with the parent company dated 01.01.2019
Corrigendum on NSE Master Circular dated 05.07.2023 for Listed Companies
Guidance note for companies undergoing Corporate Insolvency Resolution Process dated 07.06.2022
Guidance Note on Analyst/Institutional Investors meet dated 29.06.2021
NSE Circular dated 01.08.2025 regarding System driven disclosure for Credit Rating- Regulation 30 and ESG Rating as per SEBI LODR, 2015
NSE Circular dated 07.02.2023 regarding FAQs on filing of announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform
NSE Circular dated 10.10.2022 regarding the XBRL format of announcements pertaining to Outcome of Board Meeting (Dividend, Buyback, Bonus shares and Voluntary Delisting)
NSE Circular dated 14.07.2023 regarding Guidance on filing Announcements on NEAPS platform pursuant to the SEBI (LODR) (Second Amendment) Regulations, 2023
NSE Circular dated 15.05.2023 regarding FAQ’s on filing of announcements in XBRL format on NEAPS platform
NSE Circular dated 15.12.2022 regarding Filing of Equity announcements and Financial Results to be made available on the NEAPS (NSE Electronic Application Processing System) platform.
NSE Circular dated 27.01.2023 regarding filing of announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform.
NSE Circular dated 28.04.2023 regarding the introduction of Issue Summary Document (ISD) for Buy-back
NSE Circular dated 29.01.2024 regarding Extension of timeline for verification of market rumours by listed entities
NSE Circular dated 31.03.2023 regarding filing of equity announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform.
NSE Circular on Compliance and Disclosure Requirements for Listed Companies undergoing Corporate Insolvency Resolution Process (CIRP) dated 6.06.2018
NSE Circular on filing of Information on Electronic Platform dated 22.03.2019
NSE Circular on misuse of Exchange Platform provided for Corporate Announcements dated 19.12.2018
NSE Circular on Verification of Market Rumours- path for submission dated 03.06.2024
NSE Circular regarding disclosure of Default / Inter Creditor Agreement (ICA) dated 24.09.2019
NSE Circular regarding Industry Standards on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 dated 25.02.2025
NSE Circular regarding Modification in the Announcement Module on NSE Electronic Application Processing System (NEAPS) platform dated 19.09.2024 w.e.f., 21.09.2024
NSE Circular regarding submission of Integrated Filing- Governance dated 01.04.2025
NSE Circular regarding update on single filing system through API-based integration between Stock Exchanges dated 28.02.2025 effective from 01.03.2025
NSE Circular regarding updates on the implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities- Disclosure of Integrated Filing- Financial dated 02.04.2025
SEBI Circular CIR/CFD/CMD/4/2015 dated 09/09/2015
SEBI Circular dated 13.07.2023 regarding Disclosure of material events/ information by listed entities under Regulations 30 and 30A of SEBI (LODR) Regulations, 2015
SEBI Circular dated 20.05.2020 regarding advisory on disclosure of material impact of CoVID–19 pandemic on listed entities under SEBI (LODR) Regulations, 2015
SEBI Circular dated 25.01.2024 regarding Extension of timeline for verification of market rumours by listed entities
SEBI Circular dated 30.09.2023 regarding Extension of timeline for verification of market rumours by listed entities
SEBI Circular on disclosures by listed entities of defaults on payment of interest/ repayment of principal amount on loans from banks / financial institutions and unlisted debt securities dated 21.11.2019
SEBI Circular on Resignation of statutory auditors from listed entities and their material subsidiaries dated 18.10.2019
SEBI Circular regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities dated 31.12.2024
SEBI Circular regarding Industry Standards on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 dated 25.02.2025
SEBI Master Circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities dated 11.11.2024
LODR – SCHEDULE III Part A
PART A: DISCLOSURES OF EVENTS OR INFORMATION: SPECIFIED SECURITIES
[See Regulation 30]
The following shall be events/information, upon occurrence of which listed entity shall make disclosure to stock exchange(s):
A. Refer BSE & NSE Circulars dated 28.02.2025 regarding Update on single filing system through API-based integration between Stock Exchanges for disclosure of Integrated Filing (Governance) w.e.f 01.03.2025. To view the BSE Circular, Click here. To view the NSE Circular, Click here. Refer SEBI, BSE & NSE Circular dated 25.02.2025 regarding Industry Standards on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. To view the SEBI Circular, Click Here. To view the BSE Circular, Click Here. To view the NSE Circular, Click Here. Refer NSE Circular dated 19.09.2024 effective from 21.09.2024 regarding Modification in the Announcement Module on NSE Electronic Application Processing System (NEAPS) platform. To view the NSE circular, Click here. Refer SEBI & BSE Circular dated 13.07.2023 regarding Disclosure of material events/ information by listed entities under Regulations 30 and 30A of SEBI (LODR) Regulations, 2015. To view the SEBI circular, Click here. To view the BSE circular, Click here. Refer SEBI Master Circular dated 11.07.2023 & BSE Circular dated 13.07.2023 for compliance with SEBI (LODR) Regulations, 2015. To view the SEBI circular, Click here. To view the BSE Circular, Click here. Events which shall be disclosed without any application of the guidelines for materiality as specified in sub-regulation (4) of regulation (30):
1.1. Refer BSE & NSE Circulars dated 02.01.2025 regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities prescribing the timeline, path and mode of submission of the integrated filings. To view the BSE Circular, Click Here. To view the NSE Circular, Click Here.
2. Refer SEBI Circular dated 31.12.2024 and BSE Circular dated 02.01.2025 regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities. To view the SEBI Circular, Click Here. To view the BSE Circular, Click Here.
3. Substituted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Acquisition(s) (including agreement to acquire), Scheme of Arrangement (amalgamation, merger, demerger or restructuring), sale or disposal of any unit(s), division(s), whole or substantially the whole of the undertaking(s) or subsidiary of the listed entity, sale of stake in associate company of the listed entity or any other restructuring.
Explanation (1) – For the purpose of this sub-paragraph, the word ‘acquisition’ shall mean-
(i) acquiring control, whether directly or indirectly; or (ii) acquiring or agreement to acquire shares or voting rights in a company, whether existing or to be incorporated, whether directly or indirectly, such that –
(a) the listed entity holds shares or voting rights aggregating to twenty1.Refer SEBI, BSE and NSE Circular dated 23.04.2025 for FAQs on SEBI (LODR) (Third Amendment) Regulations, 2024 dated 12.12.2024 and SEBI Circular dated 31.12.2024. To view the SEBI Circular Click Here. To view BSE Circular, Click Here. To view the NSE Circular, Click Here
2.Substituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. five per cent or more of the shares or voting rights in the said company; or
(b) there has been a change in holding from the last disclosure made under subclause (a) of clause (ii) of the Explanation to this sub-paragraph and such change exceeds fiveSubstituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. two per cent of the total shareholding or voting rights in the said company; or
(c) the cost of acquisition or the price at which the shares are acquired exceeds the threshold specified in sub-clause (c) of clause (i) of sub-regulation (4) of regulation 30 :Substituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. .
Provided thatInserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. acquisition of shares or voting rights aggregating to five percent or more of the shares or voting rights in an unlisted company and any change in holding from the last disclosure made under this proviso exceeding two per cent of the total shareholding or voting rights in the said unlisted company shall be disclosed on a quarterly basis in the format as may be specified.
Explanation (2) – For the purpose of this sub-paragraph, “sale or disposal of subsidiary” and “sale of stake in associate company” shall include-
(i) an agreement to sell or sale of shares or voting rights in a company such that the company ceases to be a wholly owned subsidiary, a subsidiary or an associate company of the listed entity; or
(ii) an agreement to sell or sale of shares or voting rights in a subsidiary or associate company such that the amount of the sale exceeds the threshold specified in subclause (c) of clause (i) of sub-regulation (4) of regulation 30.
Explanation (3)- For the purpose of this sub-paragraph, “undertaking” and “substantially the whole of the undertaking” shall have the same meaning as given under section 180 of the Companies Act, 2013
1. Acquisition(s) (including agreement to acquire), SchemeNSE has provided the procedure to disclose the schemes involving merger of a wholly owned subsidiary or its division with the parent company vide its circular dated 01.01.2019. To view the Circular, Click Here of Arrangement (amalgamation/ merger/ demerger/restructuring), or sale or disposal of any unit(s), division(s) or subsidiary of the listed entity or any other restructuring. Explanation.- For the purpose of this sub-para, the word ‘acquisition’ shall mean,-
(i) acquiring control, whether directly or indirectly; or,
(ii) acquiring or agreeing to acquire shares or voting rights in, a company, whether directly or indirectly, such that –
(a) the listed entity holds shares or voting rights aggregating to five per cent or more of the shares or voting rights in the said company, or;
(b) there has been a change in holding from the last disclosure made under sub-clause (a) of clause (ii) of the Explanation to this sub-para and such change exceeds two per cent of the total shareholding or voting rights in the said company.
2.Refer BSE Circular dated 16.05.2023 and NSE Circular dated 15.05.2023 regarding FAQs on filing of announcements in XBRL format on BSE Listing Centre and NEAPS platform respectively. To view the BSE circular Click here and NSE circular Click here. Issuance or forfeiture of securities, split or consolidation of shares, buyback of securities, any restriction on transferability of securities or alteration in terms or structure of existing securities including forfeiture, reissue of forfeited securities, alteration of calls, redemption of securities etc.
3. New Rating(s) or1. Refer SEBI Circular dated 31.12.2024 regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities. To view the SEBI Circular, Click Here.
2. Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Revision in Rating(s).
4. Outcome of Meetings of the board of directors:
Refer NSE Circular dated 15.12.2022 regarding Filing of Equity announcements and Financial Results to be made available on the NEAPS (NSE Electronic Application Processing System) platform. To view the Circular, Click here.
XBRL based formats being introduced for submission of Announcements pertaining to Outcome of Board Meeting (Dividend, Buyback, Bonus shares and Voluntary Delisting) vide NSE Circular dated 10.10.2022. To view the format, Click here. The listed entity shall disclose to the Exchange(s), the outcome of
meetings of the board of directorsSubstituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. within 30 minutes of the closure of the meeting, held to consider the following:
(a) dividends and/or cash bonusesOmitted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. recommended or declared or the decision to pass any dividend and the date on which dividend shall be paid/dispatched;
(b) any cancellation of dividend with reasons thereof;
(c) the decision on buyback of securities;
(d) the decision with respect to fund raising proposed to be undertaken including by way of issue of securities (excluding security receipts, securitized debt instruments or money market instruments regulated by the Reserve Bank of India), through further public offer, rights issue, American Depository Receipts/ Global Depository Receipts/ Foreign Currency Convertible Bonds, qualified institutions placement, debt issue, preferential issue or any other method;Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here.
(e) increase in capital by issue of bonus shares through capitalization including the date on which such bonus shares shall be credited/dispatched;
(f) reissue of forfeited shares or securities, or the issue of shares or securities held in reserve for future issue or the creation in any form or manner of new shares or securities or any other rights, privileges or benefits to subscribe to;
(g) short particulars of any other alterations of capital, including calls;
(h) financial resultsRefer NSE Circular dated 15.12.2022 regarding Filing of Equity announcements and Financial Results to be made available on the NEAPS (NSE Electronic Application Processing System) platform. To view the Circular, Click here;
(i) decision on voluntary delisting by the listed entity from stock exchange(s).
Provided that in case of board meetings being held for more than one day, the financial results shall be disclosed within thirty minutes of end of the meeting for the day on which it has been considered.1. Omitted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. 2. Inserted vide SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 notification dated 05.05.2021. To view the notification, Click Here
5.Refer BSE Circular dated 16.05.2023 and NSE Circular dated 15.05.2023 regarding FAQs on filing of announcements in XBRL format on BSE Listing Centre and NEAPS platform respectively. To view the BSE circular Click here and NSE circular Click here. Agreements (viz. shareholder agreement(s), joint venture agreement(s), family settlement agreement(s) (to the extent that it impacts management and control of the listed entity), agreement(s)/treaty(ies)/contract(s) with media companies) which are binding and not in normal course of business, revision(s) or amendment(s) and termination(s) thereof.
5A.Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Agreements entered into by the shareholders, promoters, promoter group entities, related parties, directors, key managerial personnel, employees of the listed entity or of its holding, subsidiary or associate company, among themselves or with the listed entity or with a third party, solely or jointly, which, either directly or indirectly or potentially or whose purpose and effect is to, impact the management or control of the listed entity or impose any restriction or create any liability upon the listed entity, shall be disclosed to the Stock Exchanges, including disclosure of any rescission, amendment or alteration of such agreements thereto, whether or not the listed entity is a party to such agreements:
Provided that such agreements entered into by a listed entity in the normal course of business shall not be required to be disclosed unless they, either directly or indirectly or potentially or whose purpose and effect is to, impact the management or control of the listed entity or they are required to be disclosed in terms of any other provisions of these regulations.
Explanation: For the purpose of this clause, the term “directly or indirectly” includes agreements creating obligation on the parties to such agreements to ensure that listed entity shall or shall not act in a particular manner.
6.Substituted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Fraud or defaults by a listed entity, its promoter, director, key managerial personnel, senior management or subsidiary or arrest of key managerial personnel, senior management, promoter or director of the listed entity, whether occurred within India or abroad:
For the purpose of this sub-paragraph:
(i) ‘Fraud’ shall include fraud as defined under Regulation 2(1)(c) of Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003.
(ii) ‘Default’ shall mean non-payment of the interest or principal amount in full on the date when the debt has become due and payable.
Explanation 1- In case of revolving facilities like cash credit, an entity would be considered to be in ‘default’ if the outstanding balance remains continuously in excess of the sanctioned limit or drawing power, whichever is lower, for more than thirty days.
Explanation 2- Default by a promoter, director, key managerial personnel, senior management, subsidiary shall mean default which has or may have an impact on the listed entity.
Explanation 3 -Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. Fraud by senior management, other than who is promoter, director or key managerial personnel, shall be required to be disclosed only if it is in relation to the listed entity.
6.Refer BSE Circular dated 16.05.2023 and NSE Circular dated 15.05.2023 regarding FAQs on filing of announcements in XBRL format on BSE Listing Centre and NEAPS platform respectively. To view the BSE circular Click here and NSE circular Click here. Fraud/defaults by promoter or key managerial personnel or by listed entity or arrest of key managerial personnel or promoter.
7. Change in directorsEnforcement of SEBI Orders regarding appointment of Directors by the listed companies vide Circular no. NSE/CML/2018/02 dated 20.06.2018. To view the Circular, Click Here, key managerial personnel (Managing Director, Chief Executive Officer, Chief Financial Officer , Company Secretary etc.), senior management,Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Auditor and Compliance Officer.
(7A)Inserted vide SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2018 dated 9th May, 2018 effective from 1 April, 2019. To view the notification Click Here In case of resignation of the auditor of the listed entity, detailed reasons for (2) resignation of auditor1. Refer SEBI Master Circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities dated 11.11.2024. To view the Circular, Click Here.
2. Refer SEBI Circular on Resignation of statutory auditors from listed entities and their material subsidiaries dated 18.10.2019. To view the Circular. Click Here., as given by the said auditor, shall be disclosed by the listed entities to the stock exchanges as soon as possible but not later than twenty four hours of receipt of such reasons from the auditor.
(7B)Inserted vide SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2018 dated 9th May, 2018 effective from 1 April, 2019. To view the notification Click Here Resignation of independent directorInserted vide SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 notification dated 05.05.2021. To view the notification, Click Here auditor including reasons for resignation: In case of resignation of an independent director of the listed entity, within seven days from the date of resignation, the following disclosures shall be made to the stock exchanges by the listed entities:
i. The letter of resignation along withInserted vide Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 dated 03.08.2021. To view the notification, Click Here
SEBI has extended the applicability of the amendments made to LODR Regulations dated 03/08/2021 to 01/01/2022 vide corrigendum notification dated 06/08/2021. To view the notification, Click Here Detailed reasons for the resignation of independent directorsOmitted vide Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 dated 03.08.2021. To view the notification, Click Here
SEBI has extended the applicability of the amendments made to LODR Regulations dated 03/08/2021 to 01/01/2022 vide corrigendum notification dated 06/08/2021. To view the notification, Click Here as given by the said director shall be disclosed by the listed entities to the stock exchanges.Omitted vide Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 dated 03.08.2021. To view the notification, Click Here
SEBI has extended the applicability of the amendments made to LODR Regulations dated 03/08/2021 to 01/01/2022 vide corrigendum notification dated 06/08/2021. To view the notification, Click Here
(ia).Inserted vide Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 dated 03.08.2021. To view the notification, Click Here
SEBI has extended the applicability of the amendments made to LODR Regulations dated 03/08/2021 to 01/01/2022 vide corrigendum notification dated 06/08/2021. To view the notification, Click Here Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any
ii. The independent director shall, along with the detailed reasons, also provide a confirmation that there is no other material reasons other than those provided.
iii. The confirmation as provided by the independent director above shall also be disclosed by the listed entities to the stock exchanges along with the disclosuresSubstituted vide Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 dated 03.08.2021. To view the notification, Click Here
SEBI has extended the applicability of the amendments made to LODR Regulations dated 03/08/2021 to 01/01/2022 vide corrigendum notification dated 06/08/2021. To view the notification, Click Here detailed reasons as specified in sub-clause (i) and (ii)Inserted vide Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 dated 03.08.2021. To view the notification, Click Here
SEBI has extended the applicability of the amendments made to LODR Regulations dated 03/08/2021 to 01/01/2022 vide corrigendum notification dated 06/08/2021. To view the notification, Click Here above.
(7C)Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here In case of resignation of key managerial personnel, senior management, Compliance Officer or director other than an independent director; the letter of resignation along with detailed reasons for the resignation as given by the key managerial personnel, senior management, Compliance Officer or director shall be disclosed to the stock exchanges by the listed entities within seven days from the date that such resignation comes into effect.
(7D)Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here In case the Managing Director or Chief Executive Officer of the listed entity was indisposed or unavailable to fulfil the requirements of the role in a regular manner for more than forty five days in any rolling period of ninety days, the same along with the reasons for such indisposition or unavailability, shall be disclosed to the stock exchange(s).
8. Appointment or discontinuation of Registrar to an Issue and Share Transfer AgentSubstituted vide SEBI (LODR) (Sixth Amendment) Regulations, 2025 dated 15.12.2025.To view the notification Click Here. share transfer agent.
9.Refer BSE Circular dated 16.05.2023 and NSE Circular dated 15.05.2023 regarding FAQs on filing of announcements in XBRL format on BSE Listing Centre and NEAPS platform respectively. To view the BSE circular Click here and NSE circular Click here. Resolution plan/Restructuring in relation to loans/borrowings from banks/financial institutions including the following details:
(i) Decision to initiate resolution of loans/borrowings;
(ii) Signing of Inter-Creditors Agreement (ICA) by lenders;
(iii) Finalization of Resolution Plan;
(iv) Implementation of Resolution Plan;
(v) Salient features, not involving commercial secrets, of the resolution/restructuring plan as decided by lenders.
9. Corporate debt restructuring.
10.Refer BSE Circular dated 16.05.2023 and NSE Circular dated 15.05.2023 regarding FAQs on filing of announcements in XBRL format on BSE Listing Centre and NEAPS platform respectively. To view the BSE circular Click here and NSE circular Click here. One time settlement with a bank.
11.Reference to BIFR and Omitted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here winding-up petition filed by any party / creditors.
12. Issuance of Notices, call letters, resolutions and circulars sent to shareholders, debenture holders or creditors or any class of them or advertised in the media by the listed entity.
13. Proceedings of Annual and extraordinary general meetings of the listed entity.
14. Amendments to memorandum and articles of association of listed entity, in brief.
15 (i)Renumbered vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. 15 (a)
Substituted vide SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 notification dated 05.05.2021. To view the notification, Click Here
Refer BSE Guidance Note on Analyst/Institutional Investors meet dated 29.06.2021. To view the guidance note, Click Here
Refer BSE Guidance Note on Disclosures pertaining to Analyst/Institutional Investors Meet and Best Practices dated 29.07.2022 issued in continuance to BSE Guidance Note dated 29.06.2022. To view the guidance note, Click Here Schedule of analysts or institutional investors meet at least two working days in advance (excluding the date of the intimation and the date of the meet)Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here ;Substituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. and presentations made by the listed entity to analysts or institutional investors.”]
(ii)Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. Presentations prepared by the listed entity for analysts or institutional investors meet, post earnings or quarterly calls shall be disclosed to the recognized stock exchanges prior to beginning of such events.
Explanation I:Renumbered vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. Explanation: For the purpose of this clause “meet” shall mean group meetings or group conference calls conducted physically or through digital means.
Explanation II:Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. Disclosure of names in the schedule of analysts or institutional investors meet shall be optional for the listed entity.
(b)Substituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. Audio recordings, video recordings, if any, and transcripts of post earnings or quarterly calls, by whatever name called, conducted physically or through digital means, in the following manner:
(i) The audio recordings shall be promptly made available on the website and in any case, before the next trading day or within twenty-four hours from the conclusion of such calls, whichever is earlier;
(ii) the video recordings, if any, shall be made available on the website within forty-eight hours from the conclusion of such calls;
(iii) the transcripts of such calls shall be made available on the website along with simultaneous submission to recognized stock exchanges within five working days of the conclusion of such calls.
(b) Audio or video recordings and transcripts of post earnings/quarterly calls, by whatever name called, conducted physically or through digital means, simultaneously with submission to the recognized stock exchange(s), in the following manner:
(i) the presentation and the audio/video recordings shall be promptly made available on the website and in any case, before the next trading day or within twenty-four hours from the conclusion of such calls, whichever is earlier;
(ii) the transcripts of such calls shall be made available on the website within five working days of the conclusion of such calls:
The requirement for disclosure(s) of audio/video recordings and transcript shall be voluntary with effect from April 01, 2021 and mandatory with effect from April 01, 2022.
15. Schedule of Analyst or institutional investor meet and presentations on financial results made by the listed entity to analysts or institutional investors;
a) Filing of application by the corporate applicant for initiation of CIRP, also specifying the amount of default;
b) Filing of application by financial creditors for initiation of CIRP against the corporate debtor, also specifying the amount of default;
c) Admission of application by the Tribunal, along with amount of default or rejection or withdrawal, as applicable ;
d) Public announcement made pursuant to order passed by the Tribunal under section 13 of Insolvency Code;
e) List of creditors as required to be displayed by the corporate debtor under regulation 13(2)(c) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016;
f) Appointment/ Replacement of the Resolution Professional;
g) Prior or post-facto intimation of the meetings of Committee of Creditors;
h) Brief particulars of invitation of resolution plans under section 25(2)(h) of Insolvency Code in the Form specified under regulation 36A(5) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016;
i) Number of resolution plans received by Resolution Professional;
j) Filing of resolution plan with the Tribunal;
k) Salient features, not involving commercial secrets, of the resolution plan approved by the Tribunal, in such form as may be specified;
l)Substituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2021 dated 08.01.2021. To view the Notification, Click Here Specific features and details of the resolution plan as approved by the Adjudicating Authority under the Insolvency Code, not involving commercial secrets, including details such as:
(i) Pre and Post net-worth of the company;
(ii) Details of assets of the company post CIRP;
(iii) Details of securities continuing to be imposed on the companies’ assets;
(iv) Other material liabilities imposed on the company;
(v) Detailed pre and post shareholding pattern assuming 100% conversion of convertible securities;
(vi) Details of funds infused in the company, creditors paid-off;
(vii) Additional liability on the incoming investors due to the transaction, source of such funding etc.;
(viii) Impact on the investor – revised P/E, RONW ratios etc.;
(ix) Names of the new promoters, key managerial persons(s) key managerial personnelSubstituted vide SEBI Notification dated 17.01.2023 regarding the SEBI (Listing Obligation and Disclosure Requirements) (Amendment) (Regulations), 2023. To view the Notification, Click here., if any and their past experience in the business or employment. In case where promoters are companies, history of such company and names of natural persons in control;
(x) Brief description of business strategy.
l) Any other material information not involving commercial secrets.Substituted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2021 dated 08.01.2021. To view the Notification, Click Here
m) Approval of resolution plan by the Tribunal or rejection, if applicable;
n)Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2021 dated 08.01.2021. To view the Notification, Click Here Proposed steps to be taken by the incoming investor/acquirer for achieving the MPS;
o)Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2021 dated 08.01.2021. To view the Notification, Click Here Quarterly disclosure of the status of achieving the MPS;
p)Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2021 dated 08.01.2021. To view the Notification, Click Here The details as to the delisting plans, if any approved in the resolution plan.
17.Inserted vide SEBI (LODR) (Third Amendment) Regulations, 2020 dated 08.10.2020. To view the notification, Click Here Initiation of Forensic audit: In case of initiation of forensic audit, (by whatever name called), the following disclosures shall be made to the stock exchanges by listed entities:
a) The fact of initiation of forensic audit along-with name of entity initiating the audit and reasons for the same, if available;
b) Final forensic audit report (other than for forensic audit initiated by regulatory / enforcement agencies) on receipt by the listed entity along with comments of the management, if any.
Explanation-Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. For the purpose of this sub-paragraph, forensic audit refers to the audits, by whatever name called, which are initiated with the objective of detecting any mis-statement in financial statements, mis-appropriation, siphoning or diversion of funds and does not include audit of matters such as product quality control practices, manufacturing practices, recruitment practices, supply chain process including procurement or other similar matters that would not require any revision to the financial statements disclosed by the listed entity.
18.Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Announcement or communication through social media intermediaries or mainstream media by directors, promoters, key managerial personnel or senior management of a listed entity, in relation to any event or information which is material for the listed entity in terms of regulation 30 of these regulations and is not already made available in the public domain by the listed entity.
Explanation – “social media intermediaries” shall have the same meaning as defined under the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.
19. Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Action(s) initiated or orders passed by any regulatory, statutory, enforcement authority or judicial body against the listed entity or its directors, key managerial personnel, senior management, promoter or subsidiary, in relation to the listed entity, in respect of the following:
(a) search or seizure; or
(b) re-opening of accounts under section 130 of the Companies Act, 2013; or
(c) investigation under the provisions of Chapter XIV of the Companies Act, 2013;
along with the following details pertaining to the actions(s) initiated, taken or orders passed:
i. name of the authority;
ii. nature and details of the action(s) taken, initiated or order(s) passed;
iii. date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority;
iv. details of the violation(s)/contravention(s) committed or alleged to be committed;
v. impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible.
(20)1. Refer BSE & NSE Circulars dated 01.04.2025 regarding Update on submission of Integrated Filing- Governances. To view the BSE Circular, Click Here. To view the NSE Circular, Click Here.
2. Refer BSE & NSE Circulars dated 28.02.2025 regarding Update on single filing system through API-based integration between Stock Exchanges for disclosure of Integrated Filing (Governance) w.e.f 01.03.2025. To view the BSE Circular, Click here. To view the NSE Circular, Click here.
3. Refer BSE & NSE Circulars dated 02.01.2025 regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities prescribing the timeline, path and mode of submission of the integrated filings. To view the BSE Circular, Click Here. To view the NSE Circular, Click Here.
4. Refer SEBI Circular dated 31.12.2024 and BSE Circular dated 02.01.2025 regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities. To view the SEBI Circular, Click Here. To view the BSE Circular, Click Here.
5. Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Action(s) taken or orders passed by any regulatory, statutory, enforcement authority or judicial body against the listed entity or its directors, key managerial personnel, senior management, promoter or subsidiary, in relation to the listed entity, in respect of the following:
(a) suspension;
(b) imposition of fine or penalty;
(c) settlement of proceedings;
(d) debarment;
(e) disqualification;
(f) closure of operations;
(g) sanctions imposed;
(h) warning or caution; or
(i) any other similar action(s) by whatever name called;
along with the following details pertaining to the actions(s) initiated,Omitted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. taken or orders passed:
i. name of the authority;
ii. nature and details of the action(s) taken, initiatedOmitted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. or order(s) passed;
iii. date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority;
iv. details of the violation(s)/contravention(s) committed or alleged to be committed;
v. impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible.
Explanation-Inserted vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 dated 12.12.2024. To view the Notification, Click Here. Imposition of fine or penalty shall be disclosed in the following manner along with the details pertaining to the action(s) taken or orders passed as mentioned in the sub-paragraph:
(i) disclosure of fine or penalty of rupees one lakh or more imposed by sectoral regulator or enforcement agency and fine or penalty of rupees ten lakhs or more imposed by other authority or judicial body shall be disclosed within twenty four hours.
(ii) disclosure of fine or penalty imposed which are lower than the monetary thresholds specified in the clause (i) above on a quarterly basis in the format as may be specified.
(21) Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Voluntary revision of financial statements or the report of the board of directors of the listed entity under section 131 of the Companies Act, 2013.
B. Refer SEBI, BSE & NSE Circular dated 25.02.2025 regarding Industry Standards on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. To view the SEBI Circular, Click Here. To view the BSE Circular, Click Here. To view the NSE Circular, Click Here. Refer NSE Circular dated 19.09.2024 effective from 21.09.2024 regarding Modification in the Announcement Module on NSE Electronic Application Processing System (NEAPS) platform. To view the NSE circular, Click here. Refer SEBI & BSE Circular dated 13.07.2023 regarding Disclosure of material events/ information by listed entities under Regulations 30 and 30A of SEBI (LODR) Regulations, 2015. To view the SEBI circular, Click here. To view the BSE circular, Click here. Refer SEBI Master Circular dated 11.07.2023 & BSE Circular dated 13.07.2023 for compliance with SEBI (LODR) Regulations, 2015. To view the SEBI circular, Click here. To view the BSE Circular, Click here. Events which shall be disclosed upon application of the guidelines for materiality referred sub-regulation (4) of regulation (30):1. Commencement or any postponement in the date of commencement of commercial production or commercial operations of any unit/division.
2.Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Any of the following events pertaining to the listed entity:
(a) arrangements for strategic, technical, manufacturing, or marketing tie-up; or
(b) adoption of new line(s) of business; or
(c) closure of operation of any unit, division or subsidiary (in entirety or in piecemeal)
Change in the general character or nature of business brought about by arrangements for strategic, technical, manufacturing, or marketing tie-up, adoption of new lines of business or closure of operations of any unit/division (entirety or piecemeal).
3. Capacity addition or product launch.
4. Awarding, bagging/ receiving, amendment or termination of awarded/bagged orders/contracts not in the normal course of business.
5. Agreements (viz. loan agreement(s) (as a borrower)Omitted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here or any other agreement(s) which are binding and not in normal course of business) and revision(s) or amendment(s) or termination(s) thereof.
6. Disruption of operations of any one or more units or division of the listed entity due to natural calamity (earthquake, flood, fire etc.), force majeure or events such as strikes, lockouts etc.
7. Effect(s) arising out of change in the regulatory framework applicable to the listed entity
8. Pendency of any litigation(s) or dispute(s) or the outcome thereof which may have an impact on the listed entity.1. Refer BSE & NSE Circulars dated 28.02.2025 regarding Update on single filing system through API-based integration between Stock Exchanges for disclosure of Integrated Filing (Governance) w.e.f 01.03.2025. To view the BSE Circular, Click here. To view the NSE Circular, Click here.
2. Refer BSE & NSE Circulars dated 02.01.2025 regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities prescribing the timeline, path and mode of submission of the integrated filings. To view the BSE Circular, Click Here. To view the NSE Circular, Click Here.
3. Refer SEBI Circular dated 31.12.2024 and BSE Circular dated 02.01.2025 regarding Implementation of recommendations of the Expert Committee for facilitating ease of doing business for listed entities. To view the SEBI Circular, Click Here. To view the BSE Circular, Click Here.
4. Substituted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Litigation(s) / dispute(s) / regulatory action(s) with impact.
9. Frauds or defaults by employees of the listed entity which has or may have an impact on the listed entity.Substituted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Fraud/defaults etc. by directors (other than key managerial personnel) or employees of listed entity.
10. Options to purchase securities including any ESOP/ESPS Scheme.
11. Giving of guarantees or indemnity or becoming a surety, by whatever named called,Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here for any third party.
12. Granting, withdrawal , surrender , cancellation or suspension of key licenses or regulatory approvals.
13.Inserted vide SEBI Notification dated 14.06.2023 regarding SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. To view the notification, Click Here Delay or default in the payment of fines, penalties, dues, etc. to any regulatory, statutory, enforcement or judicial authority.
C.Refer SEBI & BSE Circular dated 13.07.2023 regarding Disclosure of material events/ information by listed entities under Regulations 30 and 30A of SEBI (LODR) Regulations, 2015. To view the SEBI circular, Click here. To view the BSE circular, Click here. Any other information/event viz. major development that is likely to affect business, e.g. emergence of new technologies, expiry of patents, any change of accounting policy that may have a significant impact on the accounts, etc. and brief details thereof and any other information which is exclusively known to the listed entity which may be necessary to enable the holders of securities of the listed entity to appraise its position and to avoid the establishment of a false market in such securities.
D. Without prejudice to the generality of para (A), (B) and (C) above, the listed entity may make disclosures of event/information as specified by the Board from time to time.