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<h1>Listed Entities Must Form Stakeholders Relationship Committee as per Regulation 20 of SEBI 2015 Rules</h1> Regulation 20 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandates that a listed entity must establish a Stakeholders Relationship Committee. This committee addresses the interests of shareholders, debenture holders, and other security holders. It must be chaired by a non-executive director and include at least three directors, with one being independent. For entities with SR equity shares, two-thirds of the committee should be independent directors. The chairperson must attend annual general meetings to address security holder queries, and the committee is required to meet at least once per financial year. The committee's role is detailed in Part D of Schedule II.