Regulation 30 of SEBI Listing Obligations and disclosure requirements (LODR) is the most talked about regulation pertaining to disclosure of certain events which covers almost ‘everything under the sun’ and many times there have been interpretation issues as to which incident requires disclosure, and which does not and how much to be disclosed. Recently SEBI has issued industry standards on disclosure under Regulation 30 on 25th February 2025. These standards are applicable to all entities irrespective of their turnover, market capitalisation etc which may create practical problems.Below is the gist of these standards:

• Effective immediately
• Guidance provided on manner of determination of materiality
• Timeline for disclosure would start when ‘officer’ of the listed entity has become aware of the occurrence of an event / information, through credible and verifiable channels of communication
• In case of resignation of KMP or senior management, when and what to disclose is explained with example
• Guarantees/Indemnities given for WOS need not be disclosed till they are WOS and no invoked. Performance guarantee excluded from disclosure unless invoked.

Akansha Rathi and Associates (ARACS), Company Secretary Firm in Navi Mumbai is engaged into compliance related services. We have a team of experts who not only possess required skills and experience but also have worked in complex business environment and were engaged in providing complex solutions in terms of providing related Compliance services to our clients.