Congratulations, your company has listed. Now the real work begins. Post-listing compliance is an area where many first-time listed company founders are caught off-guard, and SEBI has been increasingly vigilant about enforcement.

The most critical ongoing obligation is quarterly financial disclosure. Listed companies must file their financial results within 45 days of the quarter end and 60 days for the annual results. These must be approved by the Board, reviewed by the audit committee, and filed with the stock exchange.

Insider trading compliance is non-negotiable. Designated persons, which includes directors, KMPs, and certain employees with access to UPSI, must report their trades and obtain pre-clearance for transactions above specified thresholds.

Related Party Transactions require shareholder approval above specified thresholds. Maintain detailed RPT registers and ensure all transactions are at arm-length. SEBI RPT regulations were significantly tightened in 2022.

Annual return filings, secretarial audits, and corporate governance disclosures must be maintained. The company secretary plays a critical role in this.

Investor grievance redressal is another area of focus. All investor complaints must be resolved within 30 days, and the SCORES portal must be monitored regularly.