Latest amendments in Listing and Disclosure requirements under SEBI LODR
SEBI has recently notified Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2024 which has introduce various regulatory amendment including applicability of the provisions of these regulations to a listed entity on the basis of market capitalisation, BRSR disclosure for entities required to comply for the first time, inclusion of provisions regarding exemption from complying with these regulations, revised timeline for applicability of provisions on ‘high value debt listed entity’ on a ‘comply or explain’ basis, mandatory one woman Independent Director for top 1000 companies, minimum board members for top 2000 listed entities, quorum for Board meetings of top 2000 listed entities, revised max time gap between two Risk management committee meetings, Directors and Officers Insurance by top 1000 listed entities, revised timelimit for filling Vacancies in respect of certain Key Managerial Personnel, prior intimation timing of Board meeting for dealing certain matters to stock exchange etc among other important matters.
