SEBI

SEBI (LODR) (2nd Amendment) Regulations 2021. Secretarial compliance report mandatory for listed companies

SEBI (LODR) (2nd Amendment) Regulations 2021. Secretarial compliance report mandatory for listed companies

Securities and Exchange Board of India (SEBI) has amended the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) in short.

SEBI has notified the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 which come into force from 6th May 2021.

The amendments have been made to the following regulations:

Regulation 2
Definitions
Regulation 3
Applicability of the regulations
Regulation 4 Principles governing disclosures and obligations
Regulation 6 Compliance Officer and his Obligations
Regulation 7 Share Transfer Agent.
Regulation 15 Obligation of Listed Entity-Applicability
Regulation 17A
Board of Directors
Regulation 18 Audit Committee
Regulation 21 Risk Management Committee to have minimum three members
Regulation 22 Vigil mechanism
Regulation 24
Corporate governance requirements with respect to subsidiary of listed entity
Regulation 24A
Secretarial Audit and Secretarial Compliance Report
Regulation 25
Obligations with respect to independent directors
Regulation 26
Obligations with respect to employees including senior management, key managerial persons, directors and promoters
Regulation 27
Other corporate governance requirements.
Regulation 29 Proper Intimations
Regulation 30
Disclosure of events or information
Regulation 31A Disclosure of Class of shareholders and Conditions for Reclassification
Regulation 32
Statement of deviation (s) or variation(s).
Regulation 33
Financial results
Regulation 34 Annual Report
Regulation 36
Documents & Information to shareholders
Regulation 37
Draft Scheme of Arrangement & Scheme of Arrangement
Regulation 38 Minimum Public Shareholding
Regulation 40
Transfer or transmission or transposition of securities
Regulation 43A Dividend Distribution Policy
Regulation 44 Meetings of shareholders and voting
Regulation 45
Change in name of the listed entity
Regulation 46 Website
Regulation 47 Advertisements in Newspapers.
Regulation 52 Financial Results
Regulation 94
Draft Scheme of Arrangement & Scheme of Arrangement

The following Schedules have been amended:

Schedule II
Schedule III
Schedule IV
Schedule V
Schedule XI

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