ICAI releases Updated Edition of FAQs on SEBI LODR Regulations
The FAQ document, first published in February 2021, serves as a key reference for interpreting the SEBI (LODR) Regulations, 2015, which standardize disclosure and governance norms for listed companies across equity, debt, SMEs, and other market segments

The Institute of Chartered Accountants of India (ICAI) has unveiled a revised edition of its comprehensive guide, “Frequently Asked Questions on SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015”, to assist professionals and listed entities in navigating the evolving regulatory landscape.
Purpose of the Publication
The FAQ document, first published in February 2021, serves as a key reference for interpreting the SEBI (LODR) Regulations, 2015, which standardize disclosure and governance norms for listed companies across equity, debt, SMEs, and other market segments. Given SEBI’s frequent amendments to these regulations, the Corporate Laws & Corporate Governance Committee of ICAI has updated the guide to align itself with the latest compliance requirements.
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Key Features of the Revised Edition
- Updated Regulatory Insights: Incorporates recent amendments to the LODR Regulations, ensuring alignment with current market practices.
- Practical Q&A Format: Simplifies complex provisions on corporate governance, financial disclosures, and investor protection.
- Stakeholder-Friendly: Designed for auditors, company secretaries, compliance officers, and investors seeking clarity on SEBI norms.
CA. Ranjeet Kumar Agarwal, the then President of ICAI, remarked in the Foreword to the revised edition that, “Revised publication has addressed key amendments to the regulations, providing a comprehensive resource that reflects the latest industry standards. These amendments have significant implications for compliance obligations, disclosure requirements, and governance practices of listed entities, aim to enhance corporate governance, ensure greater transparency, and address the evolving needs of India’s capital markets. Hence this comprehensively updated publication is crucial for navigating the complex landscape of corporate compliance.”
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With SEBI tightening governance and disclosure standards, the FAQ guide addresses critical pain points, such as:
- Compliance Burden: Helping listed entities avoid penalties by demystifying obligations.
- Investor Confidence: Promoting transparency through standardized disclosures.
- Professional Preparedness: Enabling CAs and legal experts to advise clients effectively.
For queries, contact:
Corporate Laws & Corporate Governance Committee, ICAI
Email: clcgc@icai.in | Website: www.icai.org
To Read the full text of the Order CLICK HERE
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