SEBI on February 20, 2023 has issued a Consultation Paper on Streamlining Disclosures by Listed Entities and Strengthening Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Comments may be sent by email to email@example.com later than March 06, 2023.
This consultation paper seeks comments/views/suggestions from the public on the proposals to amend the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations” or “LODR”) to address the following issues:
- Submission of first financial results by newly-listed entities.
- Timeline to fill up vacancy of directors, Compliance Officer, Chief Executive Officer (CEO)and Chief Financial Officer (CFO)in listed entities.
- Freezing of demat accounts ofthe Managing Director(s), Whole-time director(s) and Chief Executive Officer(s)of a listed entity for continuing non-compliance with the LODR Regulations and / or non-payment of fines by a listed entity.