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SEBI Rationalises Procedural Requirements for Transfer and Transmission of Securities under the LODR Regulations July 21, 2026
Published in: Alerts
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The Securities and Exchange Board of India (SEBI) has amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) to streamline the procedural framework governing the transfer and transmission of securities. Through the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2026, SEBI has amended Regulations 40(7) and 61(4) and omitted Clause C of Schedule VII, shifting operational and documentation requirements from the Regulations to circulars issued by SEBI from time to time.
The amendments are aimed at addressing inconsistencies in the practices followed by listed companies, registrars and transfer agents, and depository participants while processing transmission requests. By moving procedural requirements to a circular-based framework, SEBI seeks to enhance regulatory flexibility, enable quicker updates in line with evolving market practices, and simplify the documentation process for investors while maintaining the substantive regulatory framework under the LODR Regulations.
For any clarification, please write to [email protected]
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