Listed Compliance
LODR results, shareholding pattern, investor grievances, governance filings and website disclosures.
Listed Compliance
LODR results, shareholding pattern, investor grievances, governance filings and website disclosures.
← Back to hubSection-wise decoding
1. Objective
Listed entities carry an additional disclosure layer under SEBI (LODR) Regulations, 2015, on top of the Companies Act and Income Tax calendars — mostly quarterly, with several dates measured in days from quarter-end rather than fixed calendar dates.
2. Applicability
Applies to every company with equity or specified debt securities listed on a recognised stock exchange, under SEBI LODR Regulations, 2015, and the relevant exchange's own compliance-calendar circulars (NSE/BSE).
3. Core Rules
| Disclosure | Deadline (from quarter/period end) |
|---|---|
| Quarterly financial results (with limited review/audit report) | 45 days for Q1-Q3; 60 days for Q4/annual |
| Shareholding pattern | 21 days |
| Corporate governance / quarterly compliance report to the exchange | 21 days |
| Certificate of dematerialisation of securities | 15 days |
| Reconciliation of Share Capital Audit report | 30 days |
4. Practical Example
For the quarter ended 30 September 2026 (Q2 FY2026-27), a listed company must submit its shareholding pattern and quarterly compliance report by 21 October 2026, its dematerialisation certificate by 15 October 2026, and its financial results by 14 November 2026 (45 days) — four separate LODR deadlines inside six weeks of the quarter closing, on top of that same quarter's ordinary GST/TDS calendar.
5. Common Mistake
Applying the 45-day financial-results window to the year-end (Q4) results. The fourth quarter/annual results get a longer 60-day window specifically because they fold in the full-year audited financials, not the shorter quarterly limited-review timeline.
Quarterly LODR disclosure map
| Disclosure | Q1-Q3 window | Q4/annual window |
|---|---|---|
| Financial results | 45 days | 60 days |
| Shareholding pattern | 21 days | 21 days |
| Compliance report to exchange | 21 days | 21 days |
| Demat certificate | 15 days | 15 days |
| Share capital reconciliation audit | 30 days | 30 days |
Exceptions and red flags
- Risk: Treating all five LODR disclosures as due on the same day — they run on independent day-counts (15/21/30/45/60 days) from the same quarter-end, not a single combined deadline.
- Risk: A results announcement that is not accompanied by the required limited-review or audit report is treated as non-compliant even if submitted within the 45/60-day window.
- Risk: Exchange-specific circulars can add entity-category-specific relaxations or stricter internal timelines (e.g. board-meeting intimation windows) beyond the LODR minimum — the regulation sets the floor, not necessarily the exchange's own operating calendar.
Implementation checklist
- ✓ Maintain a single quarter-end date and derive all five LODR deadlines (15/21/21/30/45-or-60 days) from it rather than tracking five independent dates manually.
- ✓ Confirm limited-review/audit report is finalised and attached before submitting quarterly results, not after.
- ✓ Cross-check the exchange's own published compliance calendar (NSE/BSE) each quarter for any entity-specific or circular-driven variation.
- ✓ Route related-party transaction and board-meeting intimations through the same tracker, since they are event-based on top of this quarterly layer.
Q&A
| Does the 45-day results window apply to all listed entities? | It applies to the standard quarterly financial results disclosure under LODR; specific categories (e.g. certain debt-listed entities) can have their own regulation-specific timelines, so confirm the entity's exact listing category. |
|---|---|
| What is filed with the shareholding pattern? | A structured disclosure of promoter, public and other shareholding categories as prescribed under LODR Regulation 31, due within 21 days of the quarter end. |
| Is the compliance report to the exchange the same as the financial results? | No — the quarterly compliance report (corporate governance report) is a separate LODR Regulation 27 disclosure from the financial results, on the same 21-day-type cadence as the shareholding pattern. |
| Can this be used as professional advice? | No. Confirm the entity's exact listing category and the current exchange circular for the specific quarter before relying on a computed date. |
Finin2min Summary
Listed Compliance in 2 minutes: From quarter end — demat certificate in 15 days, shareholding pattern and compliance report in 21 days, share capital reconciliation in 30 days, financial results in 45 days (60 for Q4/annual). Each runs on its own independent day-count from the same quarter-end date.
Source log
- SEBI LODR master circular — https://www.sebi.gov.in/sebiweb/home/HomeAction.do?doListing=yes&sid=1&smid=0&ssid=6
- SEBI — recognised stock exchanges reference — Stock exchanges
- NSE — compliance calendar, main board — NSE compliance calendar
- SEBI Investor Charter and education material — Investor Charter
Repository currentness checkpoint
- Use this hub as navigation; verify the current instrument on the destination page before taking a compliance position.
- Prefer primary regulator/Gazette/India Code material and label historical or superseded instruments clearly.
- Avoid duplicate pages for the same search intent; preserve the established canonical URL family.
- Keep internal links contextual and current so the hub routes users to the controlling provision, form or tool.