The Securities and Exchange Board of India (SEBI) issued a Circular on December 31, 2024, titled "Circular for implementation of Recommendations of the Expert Committee for Facilitating Ease of Doing Business for Listed Entities"

These changes are particularly relevant for Corporate Boards as they navigate the implications for compliance, reporting, and strategic decision-making.

Listing Obligations and Disclosure Requirements (LODR) Regulations in 2024, impacting compliance requirements for listed entities.

Under current regulations, entities such as partnership firms, unregistered trusts, and AOPs cannot hold shares in a company unless they are recognized as separate legal entities.

The Ministry of Corporate Affairs (MCA) has introduced important regulatory changes for companies involved in Mergers and Amalgamations, particularly in cases involving Foreign Entities.

Additionally, a new provision has been introduced allowing directors to update their mobile numbers and email addresses in real time, replacing the previous annual update process.

Cybersecurity and Cyber Resilience Framework (CSCRF) is a standard-based framework and broadly covers the five cyber resiliency goals, viz. Anticipate

A social impact report includes qualitative and quantitative details of past social impacts by the enterprise, covering aspects such as strategic intent, planning, approach

In a forward-looking move, SEBI has mandated listed entities to disclose details of cybersecurity incidents, breaches, or loss of data in their quarterly Corporate Governance Reports (CGR)

These changes aim to enhance the ease of doing business in the securities market, offering a more flexible and straightforward approach for companies looking to raise