SEBI proposes tweaks to annual report sending norms for cos with listed NCDs
This story was originally published at 16:36 IST on 25 July 2025
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--SEBI releases consultation paper on measures towards ease of doing business
--SEBI proposes to ease norms related to sending annual report copies
NEW DELHI – The Securities and Exchange Board of India Friday issued a consultation paper proposing relaxation of listing requirement for companies having listed non-convertible securities of sending hard copies of annual reports to debenture holders who have not registered their email addresses with the company. The market regulator proposed in such cases it is enough for the company to send a letter to debenture holders providing the web link where the annual report is uploaded, or a quick response code which will take the debenture holder to that web link.
SEBI has also proposed that a timeline be fixed for sending of copy of financial statements to debenture holders for listed companies which are constituted under a law or statute other than the Companies Act 2014. Currently there is no provision for this. The market regulator has proposed the financial statements be sent at least 21 days before the annual general meeting of shareholders. This is in line with the 21-day timeline set by the Companies Act, 2013 for companies registered under the Act. End
Reported by Rajesh Gajra
Edited by Akul Nishant Akhoury
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