Important Features of Listing Regulations
| Regulation 6 | Company require to appoint Qualified CS, ensuring for compliance with applicable laws, monitoring grievance redressal |
| Regulation 7 | Mandatory in house SEBI share transfer facility if number of security holder exceeds 1 lac |
| Regulation 13 | Mandatory SCORES registration which is a investor grievance redressal mechanism |
| Regulation 16 | Material subsidiary includes all subsidiary |
| Regulation 28 | No in principle approval on scheme of arrangement if NOC obtained from Stock Exchange |
| Regulation 29 | Board Meeting result intimation to Stock Exchange within 05 days instead of 07 days |
| Regulation 30 | · Board Meeting outcome to be submitted within 30 minutes of closure of board meeting
· All disclosures made to Stock Exchange shall be displayed on website for atleast 5 years · Policy on materiality shall be framed and approved by Board |
| Regulation 32 | · Category wise variation between projected and actual fund utilization shall be submitted on quarterly/ annual basis after reviewed by Audit Committee
· Financial Statement shall be certified by Statutory Auditor and placed before Audit Committee |
| Regulation 33 | · Only Board is authorised to approve financial results
· Limited Review Report (LRR) shall be placed before Board · Company can opt for submission of consolidated quarterly result but intention shall be informed in first quarter itself |
| Regulation 42 | · Annual Book closure requirement is no more
· Company has to fix a record date within a gap of atleast 5 days from Board Meeting |
| Regulation 45 | Prior approval from SE for change of name, before moving application to ROC |
| Regulation 46 | Website Disclosure:
· Composition of Board and Committees · Number of programmes attended by Independent Director · Statement of Deviation/ notice sent to shareholders/ Annual Report · All major policies · Agreement with Media Companies · Contact, email and info of Compliance Officer responsible for shareholders complaints redressal and in case of change shall be updated within 2 days of change · Shareholding Pattern/ Analyst Reports etc |
| Regulation 98 | Liability for the contravention of Act, Rules, or Regulations:
· Imposition of fines · Suspension of trading · Freezing of Promoter holding · Any other action as specified by SEBI board
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