The Bombay Stock Exchange (BSE) on May 05, 2026, issued a circular on XIBL-Based Filing for CoC violations.
In reference to the SEBI circular dated May 05, 2026, has introduced an XBRL-based utility for reporting violations related to the Code of Conduct (CoC) under the SEBI (Prohibition of Insider Trading) Regulations, 2015. This initiative aims to enhance accuracy and efficiency in disclosures and replaces the earlier filing mechanism.
The following has been stated:
• Listed entities/intermediaries/fiduciaries are required to report CoC violations mandatorily through the XBRL utility available on the Listing Centre.
• The XBRL utility can be accessed and submissions made via the Listing Compliance Module under the specified XBRL paths.
• Reporting shall be done strictly in XBRL format only; submission of PDF files will not be accepted.
• The existing filing path for reporting CoC violations under earlier circulars has been discontinued.
• Submissions made through any mode other than the Listing Centre shall be considered invalid.
• Disclosures related to CoC violations will not be disseminated on the Exchange website.
• Unlisted entities acting as intermediaries or fiduciaries shall continue to submit disclosures via email as per earlier prescribed mechanism.
• All listed entities/intermediaries/fiduciaries are advised to ensure compliance with the revised reporting framework.
[Notice No. 20260504-17]
