Listed Companies: Applicability of Compliances

Last Updated On: Oct. 5, 2021, 11:04 p.m.
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LISTED COMPANIES- APPLICABILITY OF COMPLIANCES 

 

According to the provisions of section 2(52) of the Companies Act, 2013 "Listed Company" means a Company which has any of its securities listed on any recognized stock exchange. Further SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 define "Listed Entity" as entity which has listed, on a recognized stock exchange(s), the designated securities issued by it or designated securities issued under schemes managed by it, in accordance with the listing agreement entered into between the entity and the recognized stock exchange(s) Such listed entities are required to comply with the provisions of Companies Act, 2013 and SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

These Compliances can be grouped into quarterly, half yearly and annual compliances.

 

QUARTERLY COMPLIANCE APPLICABLE TO LISTED COMPANIES:

Compliance Time Limit Due Dates

Regulation13(3)-

Filing Statement of Grievance Redressal Mechanism The listed entity shall file this statement disclosing the number of investor complaints pending at the beginning of the quarter, those received during the quarter, disposed of and those remaining unresolved at the end of the quarter.

Within 21 days from the end of the quarter

 
By 21st July

 
By 21st October

 
By 21st January

 
By 21st April
 

Regulation (2) (a) -

Filing Corporate Governance Report The listed entity shall submit a quarterly compliance report on corporate governance in prescribed format.



Within 15 days from the end of the quarter

 
By 15thJuly
 
By 15thOctober
 
By 15th January By 15th April

Regulation 31(1) (b)-

Filing Shareholding Pattern The listed entity shall submit a quarterly statement showing holding of securities and shareholding pattern in specified of format. The listed entities which has listed their securities on SME Exchange shall submit the same half yearly i.e within 21 days from the end of each half year (by 21st April and 21st October)

Within 21 days from the end of the quarter
 
By 21st July

By 21st October

By 21st January By 21st April
 

Regulation 32(1) -

Filing Statement of deviation(s) or Variation(s) The listed entity which has made any public issue, right issue or preferential issue shall submit a quarterly statement of deviations in the use of proceeds and such statements should be filed till such proceeds are fully utilized. The listed entities which has listed their securities on SME Exchange shall submit the same half yearly i.e within 21 days from the end of each half year (by 21st April and 21st October)
 

Within 45 days from the end of the quarter
 
By 14th August
 

By 14th November
 

By 14th February By 14th May

Regulation 76 of SEBI (DP) Regulations, 2018 -

Filing Reconciliation of Share Capital Audit Listed entities shall submit Reconciliation of Share Capital Audit Report on quarterly basis duly audited by chartered accountant or practicing company secretary.
 

Within 30 days from the end of the quarter
 
By 30th July

 
By 30th October

 
By 30th January

 
By 30th April

 


 

HALF YEARLY COMPLIANCE:


Compliance
 

Time Line

 

April - September
 

 

October - March
 

Regulation 7(3) -

Filing Compliance Certificate Certifying maintaining physical & electronic transfer facility Listed entity shall submit a compliance certificate duly signed by the compliance officer of the listed entity and the authorized representative of the share transfer agent, certifying maintaining physical & electronic transfer facility either in house or RTA as applicable.
 

Within 1 month of end of each half of the financial year

 
By 31st October

 
By 30th April

 

Regulation 40(9) -

Filing Certificate from Practicing Company Secretary The listed entities shall ensure that share transfer agent or in-house share transfer facility as the case may be, produces a certificate from a practicing company secretary certifying that all certificates have been issued within 30 days of the date of lodgment for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/ allotment monies.
 

Within 1 month of end of each half of the financial year

 
By 31st October

 
By 30th April

 

 

ANNUAL COMPLIANCES OF LISTED COMPANY:

Compliance

Time Line Due Date

Regulation 24A-

Filing Secretarial Audit Report Every listed entity and its material unlisted subsidiaries shall annex with its annual report, a secretarial audit report given by a company secretary in practice in prescribed format.
 

Within 60 days of end of each half of the financial year
 
By 30th May

 

Regulation 33 (3) (d) -

Filing Financial Results along with Auditor's Report Every listed entity shall submit audited standalone financial results for the financial year along with the audit report.
 

Within 60 days of end of each half of the financial year
 
By 30th May
 

Regulation 31(1) -

Filing Annual Report The listed entity shall submit a copy of Annual Report to stock exchange and publish on its website.

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

 

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