In short: SEBI has released the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2026. The amendment updates the rules that listed companies and intermediaries must follow, and it comes into effect from the date of its publication in the Gazette.
What exactly has changed?
The Third Amendment Regulations, 2026, revise the existing Listing Obligations and Disclosure Requirements (LODR) framework. While the source document does not enumerate every specific change, it indicates that the amendment modifies certain provisions of the LODR to align them with current market practices and regulatory expectations. The amendment is issued under the powers conferred by section 11, section 11A(2) and section 30 of the Securities and Exchange Board of India Act, 1992.
Who is affected?
- Listed companies: Must review and update their compliance procedures to meet the new or revised disclosure and listing obligations.
- Intermediaries (brokers, depositories, exchanges): Need to ensure their processes and systems reflect the amended requirements.
- Other market participants: Investors and analysts should be aware of the updated norms as they may influence reporting and disclosure practices.
What should you do?
- Read the full text of the Third Amendment Regulations, 2026, available on the SEBI website.
- Identify any provisions that differ from the previous LODR and assess their impact on your reporting or compliance obligations.
- Update internal policies, procedures and systems accordingly to ensure compliance from the effective date.
- Seek professional advice if you are unsure how the changes affect your specific circumstances.
Frequently asked questions
When does the amendment come into force?
The regulations take effect from the date they are published in the Gazette of India.
Do I need to file any new forms?
The amendment may introduce new or revised disclosure requirements, but specific filing obligations should be verified by reviewing the full text.
Will the amendment affect my existing filings?
Yes, any changes to disclosure or listing obligations will need to be reflected in future filings. Review the amendment to determine which existing filings require updates.