This article outlines the essential listing compliance requirements for companies in Bangalore and how TAXAJ can be your trusted compliance partner.
Once a company is listed on NSE or BSE, it becomes publicly accountable. This involves periodic reporting, disclosure of financials, adherence to corporate governance standards, and prompt intimation of key developments. Non-compliance can lead to penalties, suspension of trading, and reputational damage.
Here’s a breakdown of the mandatory listing regulations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 applicable to companies listed on NSE or BSE:
Appointment of Independent Directors
Establishment of Audit, Nomination, and Remuneration Committees
Quarterly and annual board meetings
CEO/CFO certification under Regulation 17
Quarterly and annual results must be submitted within stipulated time
Format and audit requirements as per SEBI norms
Must be disclosed quarterly in a prescribed format
Verified via digital signature and submitted through Listing Centre/NEAPS
Prior notice of meetings related to dividends, fundraising, mergers, etc.
Must be intimated at least 2 working days in advance (excluding weekends and holidays)
Immediate disclosure of key decisions taken at board meetings
Includes decisions related to capital raising, dividends, buybacks, etc.
Half-yearly certificate from a Practicing Company Secretary for share transfer compliance
Also includes RTA compliance
Applicable to all listed entities
Must be submitted within 60 days from the end of the financial year
In Bangalore, due to the concentration of IT firms, startups, unicorns, and foreign subsidiaries, the complexity of compliance increases. Key factors include:
ESOP Management and employee-related disclosures
Cross-border transactions impacting regulatory filings
RBI and FEMA regulations for companies with FDI
Dual listings or IPO readiness
Hence, companies in Bangalore need specialized, localized compliance support that aligns with both national guidelines and regional expectations.
To ensure ongoing listing compliance with NSE/BSE, the following documents are typically required:
PAN, TAN, and CIN of the Company
Articles & Memorandum of Association
Board Resolutions
Financial Statements
Shareholding Pattern
Secretarial Audit Reports
Details of Promoters/Key Management Personnel
RTA Agreements
| Regulation | Compliance Item | Frequency |
|---|---|---|
| Reg. 33 | Financial Results | Quarterly |
| Reg. 31 | Shareholding Pattern | Quarterly |
| Reg. 30 | Material Events | As & when |
| Reg. 24A | Secretarial Audit | Annually |
| Reg. 7(3) | RTA Compliance | Half-Yearly |
| Reg. 40(9) | Transfer Compliance | Half-Yearly |
Non-compliance can attract strict penalties such as:
Monetary penalties up to ₹10 lakh
Suspension of trading by NSE/BSE
Debarment of directors/officers
Reputational harm impacting investor confidence
At TAXAJ, we specialize in comprehensive NSE/BSE listing compliance services for companies in Bangalore and across India. Our services include:
Ongoing Regulatory Compliance under SEBI LODR
Filing with NSE & BSE Portals (NEAPS, Listing Centre)
Secretarial Audits & Certifications
Independent Director Appointment Support
Board Meeting Structuring & Drafting
Quarterly/Annual Disclosure Management
Visit: https://www.taxaj.com/roc-compliances
Whether you’re a startup freshly listed on EMERGE or a mainboard company scaling up, our team ensures timely, error-free, and audit-ready filings so you can focus on business growth while we handle compliance.
Listing on NSE or BSE is a hallmark of credibility, but maintaining compliance is what sustains investor trust and market integrity. With Bangalore’s fast-paced and globally connected corporate environment, having a partner like TAXAJ ensures you're always aligned with the latest regulations.
Ready to streamline your listing compliance?
Get in touch with us today at www.taxaj.com and let’s build regulatory strength into your business DNA.