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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

NSE - Reiteration of FAQs on SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024

23-Apr-2025 | NSE/CML/23

NSE has reiterated the circular regarding the FAQs on SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024.

Some key clarifications provided in the FAQs include:

a. In accordance with regulation 33(3)(f) of the LODR Regulations, half-yearly financial results disclosures must include both a statement of assets and liabilities as at the end of the half-year and a cash flow statement for the half-year period.

b. The minimum time gap specified in regulation 42(2) between the relevant corporate action and the record date must be calculated from the date of board or shareholder approval, as applicable, for that specific corporate action.

c. The appointment, re-appointment, or continuation of the Secretarial Auditor of a listed entity from April 1, 2025 onwards must comply with the amended provisions of regulation 24A of the LODR Regulations. Any prior association of the individual or firm as the Secretarial Auditor before March 31, 2025 will not be counted towards the tenure calculation under the amended LODR framework. Accordingly, a Secretarial Auditor appointed for the Financial Year 2024–25 may sign the Secretarial Audit Report and/or the Secretarial Compliance Report for that specific year.

Kindly refer to the attached document for more information.

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