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of <h1>Rule 27 Requires Listed Companies to Maintain Electronic Records for Shareholders and Security Holders Within Six Months</h1> Rule 27 of the Companies (Management and Administration) Rules, 2014 mandates that every listed company or a company with at least one thousand shareholders, debenture holders, or other security holders must maintain its records electronically. Existing companies have six months from the notification of section 120 of the Act to convert physical data to electronic form. The electronic records must adhere to the Act's formats and requirements, be readable, retrievable, reproducible, digitally dated and signed, uneditable once signed, and capable of being updated with recorded update dates. 'Records' include registers, indexes, agreements, memoranda, minutes, or any required documents.
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