Listing doesn't end the compliance burden — it multiplies and publicises it. LODR disclosures, insider trading codes, takeover-code filings, quarterly board processes: every deadline is visible to the market and the regulator. We run the listed-company compliance calendar with the discipline it demands.
Securities law compliance is the ongoing obligation set SEBI imposes on listed companies: the LODR Regulations (Listing Obligations and Disclosure Requirements) governing disclosures, board composition, and corporate governance; the PIT Regulations (Prohibition of Insider Trading) governing trading windows, UPSI, and designated persons; and the SAST Regulations governing substantial acquisitions and disclosures.
What distinguishes this from private-company compliance is visibility and velocity. Disclosures run on hours and days, not weeks. Every filing is public, scrutinised by analysts and the exchange, and non-compliance draws queries, fines, and reputational cost in real time. This is compliance as a market-facing function.
Newly listed companies discovering that IPO readiness was the warm-up — the first year of listed life is when the compliance muscle actually gets built. The half-yearly results cycle, the disclosure discipline, the board rhythms: all new, all immediate.
SME-listed companies, where the compliance burden is real but the internal team is usually thin. The exchange doesn't grade on a curve for company size — BSE SME and NSE Emerge issuers face the same disclosure culture as mainboard companies.
Promoters and KMPs personally — insider trading compliance attaches to individuals, not just the company. Designated persons need to understand trading windows, pre-clearance, and contra-trade restrictions, because violations are personal.
Event-based and periodic disclosures — financial results, board meeting outcomes, shareholding patterns, corporate governance reports — drafted, reviewed, and filed within the regulation's timelines. The disclosure calendar runs continuously; we run it.
Code of conduct for designated persons, UPSI identification and handling, trading window management, pre-clearance processing, and disclosure of trades. Structured so compliance is a process, not a hope.
Acquisition and disposal disclosures, promoter holding changes, pledge disclosures — the filings that attach to every movement in the cap table.
Listed-standard board, audit committee, NRC, and stakeholder relationship committee cycles — notices, agendas, minutes, and the governance report that evidences it all.
Corporate governance compliance reports and the secretarial compliance report — prepared, reviewed, and filed. The paper trail that keeps the exchange satisfied and diligence clean.
Annual retainers, scaled to listing platform and activity — SME listings cost less than mainboard, but the discipline is the same. Quarterly billing is typical; the fee covers the continuous calendar, not per-filing charges.
Onboarding before or immediately after listing is ideal — the first results cycle is the hardest, and having the process built before it arrives changes the experience entirely.
LODR disclosures have statutory content and timelines; they're not press releases. Companies that route disclosures through marketing miss deadlines and mangle formats. Disclosure is a compliance function with market consequences.
UPSI shared on WhatsApp, trading windows "understood" but not enforced, pre-clearances skipped for "small" trades. PIT violations are personal, public, and career-altering. The code must be lived, not laminated.
Companies that prepared brilliantly for the IPO and then dismantled the team. Listed compliance is forever, and the first year sets the habits. Budget for it as an ongoing function, not a project.
Full compliance calendar built; insider trading code adopted and designated persons mapped.
Disclosure workflows, board cycles, and pre-clearance processes embedded with your team.
Disclosures drafted and filed, meetings run, windows managed — the calendar just runs.
Compliance status reviewed with the board; upcoming regulatory changes briefed before they bite.
Yes — lighter than mainboard in some filings, but the disclosure culture and timelines are real. Most SME issuers underestimate the first year.
Insider trading compliance — because it attaches to individuals and violations are public. Second is disclosure timelines under LODR.
Absolutely. Designated persons (promoters, KMPs, and others with UPSI access) have personal obligations: trading windows, pre-clearance, disclosures. We brief them individually.
Yes — we prepare for it and coordinate with the secretarial auditor. Companies we run day-to-day tend to sail through audits; that's rather the point.
We manage the full cycle: board approval process, results drafting support, disclosures, and filings. The half-yearly results for SME issuers get the same rigour.
Annual retainer, quarterly billing, scaled to platform and activity. No per-filing metering — the calendar is the product.
Fines per day plus potential SEBI action; repeated defaults invite harsher scrutiny. The exchange fine structure is mechanical — it doesn't care why you were late.
Only with disclosures — creation, invocation, and release of pledges all have triggers. Undisclosed pledges are how governance scandals begin.
Listed companies must appoint one — a qualified company secretary in practice. It's a statutory role, not an admin designation.
Whenever there's unpublished price-sensitive information — results, dividends, mergers, key appointments. When in doubt, close it; the cost of an open window during UPSI is catastrophic.
Talk to a partner about your situation — no pitch, no obligation. If we're not the right firm for it, we'll tell you that too.
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