SEBI (LODR) REGULATION, 2019: A COMPREHENSIVE LEGAL ANALYSIS OF COMPLIANCE AND DISCLOSURE REQUIREMENTS
AUTHOR – MUSKAAN BELLANI, STUDENT AT UNITED WORLD SCHOOL OF LAW (KARNAVATI UNIVERSITY)
BEST CITATION – MUSKAAN BELLANI, ONLINE DISPUTE RESOLUTION: A NEED OF THE HOUR, ILE MULTIDISCIPLINARY JOURNAL, 4 (1) OF 2025, PG. 801-808, APIS – 3920-0007 | ISSN – 2583-7230.
ABSTRACT
This paper answers the major research question: How do the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2019, improve corporate compliance and transparency standards for listed businesses in India? The Securities and Exchange Board of India (SEBI) issued the SEBI (LODR) Regulations, 2019, which demand a comprehensive set of compliance, governance, and disclosure obligations. These policies are intended to connect company practices with global norms, protect investor interests, and reduce corporate governance risks in India’s dynamic market.
Using a doctrinal and comparative methodology, this study investigates SEBI (LODR)’s key rules, including disclosure requirements, related-party transaction norms, and corporate governance guidelines. The study examines statutory texts, current changes, case laws, and empirical data to analyse SEBI’s (LODR) effectiveness in providing stakeholders with accurate, timely, and standardised information. Comparative findings from worldwide securities rules highlight how SEBI (LODR) coincides or diverges from global standards for corporate transparency.
This study demonstrates that SEBI (LODR) has made substantial contributions to enhancing accountability and reducing information asymmetry among stakeholders. Nonetheless, issues remain, particularly in enforcement consistency and the effectiveness of criminal sanctions to penalise noncompliance. The report indicates that, while SEBI (LODR) has boosted India’s securities market, continued reforms and strong enforcement are required to maintain a balance between severe compliance and flexible corporate governance, eventually promoting a more robust market ecosystem.
The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2019, also known as SEBI (LODR), represent a significant step forward in India’s legislative framework for corporate compliance and disclosure.