Disclosure of Material Events: due date and penalty
Also searched as: LODR-30-MATERIAL
Material events and information disclosed to the stock exchanges within the prescribed window — thirty minutes of the board meeting that decided it, twelve hours where the event originated within the company, and twenty-four hours otherwise.
When it is due
1 day from the material event
If it is late: Penalty under s.15HB of the SEBI Act and s.23E of the Securities Contracts (Regulation) Act — ₹1,00,000
- Due
- 1 day from the material event
- Frequency
- Event based
- If it lapses
- Penalty under s.15HB of the SEBI Act and s.23E of the Securities Contracts (Regulation) Act — ₹1,00,000
- Statutory reference
- Reg. 30, SEBI (LODR) Regulations 2015
Where this date comes from
- The instrument
- Reg. 30, SEBI (LODR) Regulations 2015
- The authority
- Securities and Exchange Board of India
Mallah Software Services Private Limited has not independently verified this against the gazette. The citation above is the instrument this date is taken from, and it is exact enough for a professional to check. Inside Lawzer a company secretary or chartered accountant can record that they have checked it, against the rule as it read on the day — and that record is withdrawn automatically if the rule later changes. A date nobody has checked says so.
Who has to file it
Every one of these has to hold before Disclosure of Material Events binds an entity:
- listed on Main board (NSE / BSE), SME platform (NSE Emerge / BSE SME) and Debt securities only
- Filed on:
- NSE NEAPS / BSE Listing Centre
- Usually owned by:
- Company Secretary
- Typical effort:
- 2 hours
Common questions
- What is the due date of Disclosure of Material Events?
- 1 day from the material event. It falls due whenever the triggering event happens.
- Who has to file Disclosure of Material Events?
- It applies to listed on Main board (NSE / BSE), SME platform (NSE Emerge / BSE SME) and Debt securities only.
- What is the penalty for filing Disclosure of Material Events late?
- Penalty under s.15HB of the SEBI Act and s.23E of the Securities Contracts (Regulation) Act — ₹1,00,000
- How do I file Disclosure of Material Events?
- The company secretary submits it on NSE NEAPS and on the BSE Listing Centre — both exchanges, where the shares are listed on both — in the format the exchange prescribes, within the time the regulation allows.
- What is the full form of LODR in Disclosure of Material Events?
- LODR stands for Listing Obligations and Disclosure Requirements — the SEBI (LODR) Regulations, 2015. Disclosure of Material Events is the Disclosure of Material Events.
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.
Other SEBI / LODR obligations
- Investor Grievance ReportInvestor Grievance Report
- Annual Listing FeesAnnual Listing Fees
- Related Party Transactions (Reg 23)Related Party Transaction Disclosure
- Secretarial Compliance ReportAnnual Secretarial Compliance Report
- Governance Integrated FilingIntegrated Filing (Governance)
- Prior Intimation of Board MeetingPrior Intimation of Board Meeting