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ARTICLE · 13 JULY 2023

SEBI Tightens Governance Norms For Listed Entities

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On June 14, 2023, the Securities and Exchange Board of India (the "SEBI") tightened governance requirements for listed entities under the Securities and Exchange Board of India...

IndiaFinance and Banking
Juhi Singh
Juhi Singh
Shiv Bhargava
Shiv Bhargava
Mohit Kumar
Mohit Kumar

INTRODUCTION

On June 14, 2023, the Securities and Exchange Board of India (the "SEBI") tightened governance requirements for listed entities under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "LODR Regulations") by notifying the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023 (the "LODR Amendment"). The changes effected through the LODR Amendment stem from the SEBI's proposals contained in its consultation papers dated November 15, 2022, February 20, 2023 and February 21, 2023 aimed at streamlining disclosure requirements and empowering shareholders of listed entities.

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This insight/article is intended only as a general discussion of issues and is not intended for any solicitation of work. It should not be regarded as legal advice and no legal or business decision should be based on its content.

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