Key Highlights: 

Industry Standards for Material Disclosures: 

• • The Industry Standards Forum (ISF), comprising *ASSOCHAM, CII, and FICCI*, in collaboration with stock exchanges and SEBI, has developed industry standards for implementing Regulation 30 of the LODR Regulations. 

• • These standards aim to ensure uniform and effective disclosure of material events or information by listed entities.
    
    

Publication & Compliance: 

1. • The industry associations and stock exchanges will publish the industry standards on their websites. 

• • Listed entities must follow these standards to ensure compliance with Regulation 30.
     

Stock Exchange Responsibility: 

1. • Stock exchanges must notify listed entities about these standards and ensure compliance.
      

Regulatory Basis: 

1. • Issued under Section 11(1) & 11A of the SEBI Act, 1992, along with *Regulation 101 of LODR Regulations. 
     
     
     

This initiative aims to improve transparency and ease compliance for listed entities. 


*ASSOCHAM-The Associated Chambers of Commerce and Industry of India

Confederation of Indian Industry 

The Associated Chambers

of Commerce and Industry of IndiaThe Associated Chambers