SEBI LODR
SEBI LODR refers to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which set the continuous disclosure, governance and compliance obligations of companies listed on Indian stock exchanges.
In plain English
LODR governs what a listed company must disclose and when — periodic financial results, material events, related party transactions, shareholding patterns, board composition and committee requirements. Obligations differ by listed security type and by company size, and material-event disclosure operates on tight timelines.
Why it matters
LODR non-compliance carries monetary penalties levied by the exchanges and reputational consequences. Because the regulations are amended frequently, a compliance calendar built once and never revisited drifts out of date quickly.
Example
A listed company entering into a material related party transaction must comply with the applicable approval and disclosure requirements under LODR, including audit committee approval and, above prescribed thresholds, shareholder approval.
Under Indian law
LODR was notified in 2015, consolidating obligations previously spread across listing agreements, and has been amended repeatedly since — including significant changes to related party transaction and material event disclosure norms.
How LexVio handles it
SEBI is one of four regulators LexVio monitors continuously, with a filing calendar, 14-day pre-deadline alerts and a regulatory change feed.
LegalTech & Compliance AICommon questions
Who must comply with SEBI LODR?
Entities that have listed specified securities on a recognised Indian stock exchange. The specific obligations vary depending on the class of securities listed and, for certain provisions, the size of the company.
How often is LODR amended?
Frequently. SEBI issues amendments and circulars through the year, which is why compliance calendars need continuous monitoring rather than annual review.