SEBI's comprehensive overhaul of the compliance framework for listed entities, effective April 2026, introduces stricter disclosure norms, enhanced related-party transaction rules, and new board governance requirements.
Key Changes in LODR
The revised LODR regulations mandate real-time disclosure of material events within 12 hours (reduced from 24 hours). Board meeting intimations must now be filed 5 days in advance.
Related Party Transaction Rules
All RPTs above ₹1,000 crore or 10% of turnover now require prior shareholder approval. New definitions expand the scope of related parties to include subsidiaries of subsidiaries.
Board Composition Requirements
Independent directors must now mandatorily have at least one member with financial expertise. A formal induction programme for new directors must be documented and filed.
Immediate Action Checklist
Audit your current disclosure processes, review your RPT policy, assess board composition, and schedule a compliance review with your CA and company secretary.
Need Expert Guidance?
Our team of Chartered Accountants is ready to help you navigate these changes.
Contact SK & Associates ↗