SEBI LODR Compliance for Listed Companies: The 2025-26 Compliance Calendar

SEBI's LODR Regulations 2015 impose a continuous stream of compliance obligations on every company listed on BSE and NSE. A missed filing or disclosure attracts automatic penalties under SEBI's automated surveillance system. **Quarterly Obligations (within 45/60 days of quarter end)** - Financial results (standalone and consolidated) - Shareholding pattern disclosure - Corporate governance report - Statement of deviation/variation (if applicable) - Related party transaction disclosures **Half-Yearly Obligations** - Business responsibility and sustainability report (for top 1000 companies) - Secretarial compliance report **Annual Obligations** - Annual report (within 21 days of AGM notice) - Annual return - Reconciliation of share capital audit report **Event-Based Disclosures (within 24 hours)** - Board meeting dates and outcomes - Dividend declarations - Results of shareholder votes - Changes in key management personnel - Acquisition or disposal of material subsidiaries - Execution of material agreements **The Automation of Penalties** SEBI has automated penalty imposition for LODR violations. The stock exchange systems impose fines automatically when filings are late. There is no prior notice and no opportunity to cure before the penalty is imposed. **Practical Advisory** Every listed company should maintain a real-time compliance calendar with responsibility assignments and escalation protocols. The compliance secretary must be empowered to escalate delays to the board immediately.