taxguru.in http://taxguru.in/sebi/sebi-lodr-regulations-2015.html Admin SEBI (LODR) Regulations, 2015 SEBI vide its Notification No. SEBI/LAD-NRO/GN/2015-16/013 dated 2 nd September, 2015 had notified SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 which have become effective from 01 st December, 2015. These Regulations prescribe different Disclosure Requirements for different types of listed securities. This Article is an attempt to simplify various regulations and contains ONLY regulations and impact thereon of the entity whose equity shares are listed on the stock exchange. This Article covers:- Broad Features of the Regulations Applicability of the Regulations Common Obligations to Be Performed By Listed Entities Quarterly Compliances Including Time Thereof Events Requiring Prior Intimation Events Requiring Intimation within 24 Hours of Occurrence of Event Composition of Board and Its Committees Thereof Related Party Transaction Agendas of Board Meeting As Per Regulation Agendas of Audit Committee Meetings Agendas to Be Placed At Upcoming General Meeting BROAD FEATURES 1. Time Limit to comply with other provisions: 90 Days i.e. became effective from 01 st December, 2015 2. The Regulations have been structured and designed in such a way so that they are aligned with Companies Act, 2013. 3. In order to avoid any sort of confusion or overlapping, pre-listing as well as post listing requirements have been incorporated in the Listing Regulations. 4. The Listing Regulations have been divided into 2 parts:- a) Substantive Provisions are contained in main body of Listing Regulations. b) Procedural requirements in form of Schedules. APPLICABILITY OF THE REGULATIONS The regulations are applicable on listed entities who have listed their any of the following designated securities on recognised stock exchange:- (a) specified securities listed on main board or SME Exchange or institutional trading platform; (b) Non-convertible debt securities, non-convertible redeemable preference shares, perpetual debt instrument, 1/9