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<h1>SEBI Amends Listing Regulations: New Disclosure Obligations, Updated Compliance Timelines, and Enhanced Risk Management Committee Roles.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Listing Obligations and Disclosure Requirements Regulations, 2021, effective upon publication in the Official Gazette. Key changes include updates to terminology, such as replacing 'Institutional Trading Platform' with 'Innovators Growth Platform,' and adjustments in compliance timelines and requirements. The amendments also enhance the role and responsibilities of the Risk Management Committee, introduce new disclosure obligations, and update regulations concerning secretarial audits, dividend distribution policies, and business responsibility reports. These changes aim to streamline processes and ensure greater transparency and accountability among listed entities.