Compliances of Listed Companies [CS Hera Siddiqui]



QUARTERLY COMPLIANCES

REGULATION REFERENCE

TIMELINE

FOR THE QUARTER ENDED JUNE

FOR THE QUARTER ENDED SEPTEMBER

FOR THE QUARTER ENDED DECEMBER

FOR THE QUARTER ENDED MARCH

Regulation 13 (3) - Statement of Grievance Redressal Mechanism

Within 21 days from the end of the quarter

By 21st July

By 21st Oct

By 21st Jan

By 21st April

27(2)(a) – Corporate Governance Report

Within 21 days from the end of the quarter

By 21st July

By 21st Oct

By 21st Jan

By 21st April

Regulation 31 (1) (b)- Shareholding Pattern

Within 21 days from the end of the quarter

By 21st July

 By 21st Oct

By 21st Jan

By 21st April

Regulation 32 (1) - Statement of deviation(s) or variation(s)

Within 45 days from the end of the quarter

By 14th Aug

By 14th Nov

By 14th Feb

By 15th May

Regulation 33 (3) (a) - Financial Results along with Limited review report/Auditor’s report

Within 45 days from the end of the quarter

By 14th Aug

By 14th Nov

By 14th Feb

By 15th May

 

 

Reconciliation of share capital audit report

Within 30 days from the end of the quarter.

By 30- July

By 30th Oct

By 30th Jan

By 30th April


2. HALF YEARLY COMPLIANCE

REGULATION REFERENCE

TIMELINE

Regulation 23 (9) - Disclosures of related party transactions

 

30 days from the date of publication of its standalone and consolidated financial results

 


3. ANNUAL COMPLIANCES

REGULATION REFERENCE

TIMELINE

Regulation 7 (3) - Share Transfer Agent

Within 30 days from the end of the financial year

Regulation 23 (9) - Disclosures of related party transactions

30 days from the date of publication of its standalone and consolidated financial results

Regulation 24A - Secretarial Compliance Report

within 60 days of the end of the financial year

Regulation 33 (3) (d) - Financial Results along with Auditor’s Report

Within 60 days from the end of the financial year

Regulation 34(1) – Annual Report

Not later than the day of commencement of dispatch to its shareholders

Regulation 40 (10) - Transfer or transmission or transposition of securities

Within 30 days from the end of the financial year

Initial Disclosure requirements for large entities

Within 30 days from the beginning of the FY

Annual Disclosure requirements for large entities

Within 45 days of the end of the FY


4. EVENT BASED COMPLIANCES

REGULATION REFERENCE

TIMELINE

Regulation 7(5) – Intimation of appointment of Share Transfer Agent

Within 7 days of Agreement with RTA

Regulation 28 (1) - In-principal approval of recognized stock exchange(s)

Before issuing securities

Regulation 29 (2) (b) to (f) - Prior intimation of Board meeting for Buyback, Dividend, Raising of Funds, Voluntary Delisting, Bonus, etc.,

Atleast two working days in advance, excluding the date of the intimation and date of the meeting

Regulation 29 (2) (a) - Prior intimation of Board meeting for Financial Results

Atleast five days in advance (excluding the date of the intimation and date of the meeting)

Regulation 29(3) –Prior intimation of Board Meeting for alteration in nature of securities etc.

Atleast eleven working days in advance

Regulation 30 (6) – Disclosure of events or information

Atleast eleven working days in advance

Regulation 30 (6) – Disclosure of events or information

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 twentyfour hours from the occurrence of event or information

Regulation 30 (6) – Disclosure of events or information

Disclosure with respect to events specified in sub-para 4 of Para A of Part A of Schedule III shall be made within thirty minutes of the conclusion of the board meeting

Regulation 31(1)(a) – Shareholding Pattern prior to listing of securities

One day prior to listing of securities

Regulation 31(1)(c) – Shareholding Pattern in case of capital restructuring

Within 10 days of any change in capital +/- 2%

Regulation 37(2) – Draft Scheme of arrangement

Obtain observation letter or No-objection letter from the stock exchange(s) before filing the scheme with any court or tribunal

Regulation 39(3) - Loss of share certificates and issue of the duplicate certificates

Within two days of getting information

Regulation 44(3) - Voting Results

Within two working days of conclusion of Meeting

Regulation 45(3) – Change in name

Prior approval from Stock Exchange before filing application with Registrar of Companies

Regulation 46 - Website

The listed entity shall maintain a functional website containing the basic information about the listed entity


5. CORPORATE ACTIONS

CORPORATE ACTIONS

PARTICULARS

MODE OF FILING

Regulation 42 (2) - Record Date for dividend, bonus, rights etc.,

The listed entity shall give notice in advance of atleast seven working days (excluding the date of intimation and the record date) to stock exchange(s) of record date specifying the purpose of the record date

NEAPS>COMPLIANCE>ANNOUNCEMENTS/BM/CA

Regulation 42 (3) - Record Date

The listed entity shall recommend or declare all dividend and/or cash bonuses at least five working days (excluding the date of intimation and the record date) before the record date fixed for the purpose.

NEAPS>COMPLIANCE>ANNOUNCEMENTS/BM/CA

Regulation 42 (4) - Record Date

The listed entity shall ensure the time gap of at least thirty days between two record dates

 

NEAPS>COMPLIANCE>ANNOUNCEMENTS/BM/CA

Regulation 42 (5) - Book Closure

For securities held in physical form, the listed entity may, announce dates of closure of its transfer books in place of record date. The listed entity shall ensure that there is a time gap of atleast thirty days between two dates of closure of its transfer books.

NEAPS>COMPLIANCE>ANNOUNCEMENTS/BM/CA


6. REGULATION 30(1) AND 30(2)- SEBI (SAST) REGULATIONS, 2011
  • 30(1)- Every person, who together with persons acting in concert with him, holds shares or voting rights entitling him to exercise twenty-five per cent or more of the voting rights in a target company, shall disclose their aggregate shareholding and voting rights as of the 31ST day of March, in such target company in such form as may be specified.

  • 30(2)- The promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the thirty-first day of March, in such target company in such form as may be specified.

  • The disclosures required under sub-regulation (1) and sub-regulation (2) shall be made within seven working days from the end of each financial year to;

    1. every stock exchange where the shares of the target company are listed; and

    2. the target company at its registered office.

7. REGULATION 29(1) AND 29(2) & REGULATION 31(1) AND 31(2)- SEBI (SAST)REGULATIONS, 2011
  • 29(1) Any acquirer who acquires shares or voting rights in a target company which taken together with shares or voting rights, if any, held by him and by persons acting in concert with him in such target company, aggregating to five per cent or more of the shares of such target company, shall disclose their aggregate shareholding and voting rights in such target company in such form as may be specified.

  • 29(2): Any acquirer, who together with persons acting in concert with him, holds shares or voting rights entitling them to five per cent or more of the shares or voting rights in a target company, shall disclose every acquisition or disposal of shares of such target company representing two per cent or more of the shares or voting rights in such target company in such form as may be specified.

  • 29(3) The disclosures required under sub-regulation (1) and sub-regulation (2) shall be made within two working days of the receipt of intimation of allotment of shares, or the acquisition of shares or voting rights in the target company to,

    1. every stock exchange where the shares of the target company are listed; and

    2. the target company at its registered office.

Disclosure of encumbered shares.

  • 31(1) The promoter of every target company shall disclose details of shares in such target company encumbered by him or by persons acting in concert with him in such form as may be specified.

  • 31(2) The promoter of every target company shall disclose details of any invocation of such encumbrance or release of such encumbrance of shares in such form as may be specified.

  • 31(3) The disclosures required under sub-regulation (1) and sub-regulation (2) shall be made within seven working days from the creation or invocation or release of encumbrance, as the case may be to,

    1. every stock exchange where the shares of the target company are listed; and

    2. the target company at its registered office.

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