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Amendments to the Listing Obligations and Disclosure...

Listing Obligations and Disclosure Requirements amendments raise HVDLE threshold and tighten dematerialisation, escrow and governance compliance.

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SEBI January 23, 2026 Notifications
Amendments to the Listing Obligations and Disclosure Requirements revise thresholds and operational governance for listed entities. The high value debt listed entity (HVDLE) threshold is raised from One Thousand Crore to Five Thousand Crore, with transitional carve-outs for entities ceasing to be HVDLEs. Transfer and transmission obligations require dematerialisation and permit limited registration of pre-April 2019 physical transfers. Escrow amounts unclaimed past prescribed periods must be transferred to the Investor Education and Protection Fund (Boards fund for non-company entities) without interest. Corporate governance reporting, secretarial audit annexure requirements, director appointment, vacancy filling timelines, and specified related party transaction carve-outs for public sector entities are amended accordingly, with HVDLE-specific compliance prescriptions and periodic compliance reporting mandated.

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Acts Income Tax