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

SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2023

17-Jan-2023 | No. SEBI/LAD-NRO/GN/2023/117

SEBI has issued the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2023.

The key amendments are as follows:
1. Regulations 16 to 27 relating to Corporate Governance have been made applicable to InvITs and ReITs by inserting Regulation 15 (1B) and (1C) (Coming into effect from 01.04.2023)
2. Definition of Senior Management has been modified (Regulation 16)
3. Regulation 17 (IC) has been modified and now the approval of shareholders for appointment or re-appointment of a person on the Board of Directors would be taken at the next general meeting or within a time period of three months from the date of appointment, whichever is earlier.

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