Sebi has announced a new compliance framework for listed entities, focusing on integrated filing for governance and financial disclosures.
This framework aims to reduce compliance burdens by consolidating multiple filing requirements into a single system.
The new requirements must be followed for filings related to the quarter ending December 31, 2024, and include deadlines for specific disclosures.
Moreover, Sebi is tightening rules around secretarial auditors and enhancing accountability with stricter eligibility norms.
The implementation will involve the Institute of Company Secretaries of India to ensure adherence among its members, while penalties are defined for non-compliance.
For more details, visit the original article at Times of India.