SEBI Issued new format for compliance Report on corporate Governance


The SEBI has issued a new format for the Compliance Report on Corporate Governance on May 31, 2021. In which, the SEBI has added a new Annexure: Annexure – IV.


Annexure – IV shall be submitted on half yearly basis with the Compliance Report on Corporate Governance in the prescribed format (w.e.f. first half of the financial year 2021-22). Under this Annexure, the listed entity have to disclose:


a.         Any loan or any other form of debt advanced by the listed entity directly or indirectly to;


b.        Any guarantee/ comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by;


c.         Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by; 


the Promoter, Promoter Group, Directors (including relatives), KMPs or any other entity controlled by them, directly or indirectly. 


The said new format can be accessed through the said link:


 https://www.sebi.gov.in/legal/circulars/may-2021/format-of-compliance-report-on-corporate-governance-by-listed-entities_50338.html.   



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