Compliances

Compliance Calendar for Listed Companies in BSE

06 Sep, 2019

Listing of a company has been regulated by SEBI. If you list your company in the stock exchange, then you need to comply with the listing requirement of SEBI. In this article, we will have discussed the compliance calendar for listed companies in BSE.

Quarterly / Half Yearly / Annual Compliances under SEBI Listing Regulations 2015^[1] (LODR).

Quarterly Compliance Calendar for Listed Companies in BSE

Regulations	Purpose	Timeframe
Regulation 27 (2)	Corporate Governance. Not Applicable to : the listed company having paid up equity share capital not over and above rupees ten crore and net worth not exceeding rupees 25 crores, as on the last day of the previous financial year:	Within 15 days from the quarter end.
Regulation 13 (3)	Statement of Investor complaints.	Within Twenty one days from the end of each quarter.
Regulation 31	Shareholding Pattern.	Within 21 days from the quarter end.
(SEBI- DP Reg.55A)	Reconciliation of Share Capital Audit.	Within 30 days from the quarter end.
Regulation 33	Financial Results.	Within 45 days from the quarter end. And in case of Annual Financial Result, within 60 days from the end of Financial Year.

Half Yearly compliance calendar for listed companies in BSE

Regulations	Purpose	Timeframe
Regulation 7 (3)	Compliance Certificate certifying the Maintenance of physical and electronic transfer facility	Within one month of the end of each half of the financial year.
Regulation 40 (9)	Certificate of Practicing Company Secretary.	Within one month of the end of each half of the financial year.

Annual Report

Regulations	Purpose	Timeframe
Regulation 34	Annual Report of the Company	Within 21 working days of it being accepted and adopted at the annual general meeting of the company.

READ An overview of Compliance Audit

Recommended Article: Corporate Compliance Calendar for the year 2019.

Other Compliance Requirements under SEBI Listing Regulations 2015. (LODR)

Regulations	Purpose	Timeframe
Regulation 7	Appointment of New Share Transfer Agent.	Within seven days of entering into the agreement.
Regulation 14	Listing Fees & Other charges.	Manner specified by the Board or the recognized Stock Exchange(s).
Regulation 29	Need to call board meeting	The company shall communicate to exchange within 5 days advance before declaring any financial results. The Company shall give an advance notice of 11 working days in case matter related to alteration in i) Securities; ii) date of interest or redemption of Debenture/bond
Regulation 30	Disclosure of Price-Sensitive Information.	Not later than twenty-four hours from the occurrence of event or information.
Regulation 30	Outcome of Board Meeting	Within 30 minutes of the closure of the meeting.
Regulation 42	Notice for Record Date \ Corporate Action.	For any corporate action, the company will have to give 7 days’ prior notice to stock exchange about the record date The dividend must be declaring 5 days before the corporate actions or record date.
Regulation 43	Declaration of Dividend.	As per mentioned
Regulation 43 A	Dividend Distribution Policy.	May disclose their dividend distribution policies on a voluntary basis in their annual reports and on their websites.
Regulation 44	Voting Result.	within forty-eight hours of the conclusion of its General Meeting
Regulation 46	Company Website.	Any update on the website content has to be communicated to stock exchange in 2 days advance
Regulation 30(1) and 30(2)	SEBI Takeover Regulations 2011	It Will disclose their aggregate shareholding and voting rights as of the 31st day of March. The disclosures in writing are required under sub-regulation I & II of the takeover norms. It will be communicated within 7 working days from the end of each financial year too; every stock exchange the place where the shares of the target company are listed; and To the target company at its registered office for disclosing the same.
Regulation 7(2)	SEBI (Prohibition of Insider Trading) Regulations, 2015.	All insider trading of securities acquired or disposed of must be communicated to stock exchange within 2 days. Every company shall let know the information and other details of such trading to the stock exchange on which the securities are listed within 2 trading days of receipt of the disclosure or/and from becoming aware of such kind of information.