The Securities and Exchange Board of India (SEBI) on February 25, 2025, issued the notification regarding the Industry Standards on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The following has been stated namely: -
• In order to facilitate ease of doing business, the Industry Standards Forum (“ISF”) comprising of representatives from three industry associations, viz. ASSOCHAM, CII and FICCI, under the aegis of the Stock Exchanges, has formulated industry standards, in consultation with SEBI, for effective implementation of the requirement to disclose material events or information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”).
• The industry associations which are part of ISF (ASSOCHAM, FICCI, and CII) and the stock exchanges shall publish the industry standards note on their websites.
• The listed entities shall follow the aforesaid industry standards to ensure compliance with Regulation 30 of LODR Regulations.
[Notification No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25]
