Public Limited Company Compliance
Comprehensive compliance services including ROC filings, SEBI regulations, listing requirements, and all mandatory filings
- All ROC Annual Filings
- SEBI Compliance (if listed)
- Quarterly Financial Reporting
- Income Tax & Audit Support
- Corporate Governance Requirements
- Investor Relations Management
Get Started Today!
Fill the form to receive instant callback
8 REASONS FOR STRICT
COMPLIANCE
Legal Mandate
Stringent compliance under Companies Act and SEBI regulations
Heavy Penalties
Non-compliance attracts severe penalties and consequences
Public Scrutiny
Public companies face high scrutiny from stakeholders
Investor Protection
Compliance protects interests of public shareholders
Market Reputation
Good compliance maintains market credibility and trust
Stock Listing
Required for maintaining stock exchange listing
Corporate Governance
Demonstrates high standards of corporate governance
Director Liability
Protects directors from personal liability and prosecution
What is Public Limited Company Compliance?
Public Limited Company compliance involves adhering to extensive regulations under the Companies Act, 2013, SEBI regulations (for listed companies), stock exchange listing requirements, and Income Tax Act. Public companies have higher transparency requirements due to public shareholding and are subject to stricter scrutiny from regulators, investors, and the market.
Unlike private companies, public companies must comply with additional requirements including quarterly financial reporting, enhanced corporate governance norms, mandatory independent directors, audit committee, nomination & remuneration committee, stakeholders relationship committee, and stringent disclosure norms. Listed companies must also comply with SEBI (LODR) Regulations.
The compliance framework ensures protection of public shareholders' interests, market transparency, and corporate accountability. Non-compliance can result in heavy penalties, stock exchange actions, director disqualification, loss of investor confidence, and potential delisting. Professional compliance management is essential for smooth operations.
Mandatory Annual Compliance
Financial Statements Filing
Filing in XBRL format for public companies with detailed financial statements
Annual Return Filing
Comprehensive annual return with all company details and changes
Quarterly Financial Reports
Quarterly unaudited financial results (Q1, Q2, Q3) and audited annual results (Q4)
Corporate Governance Report
Corporate governance compliance report for listed companies
Minimum 4 Board Meetings
At least one meeting in each quarter with proper quorum
Independent Director Meeting
Separate meeting of independent directors without management
Audit Committee Meetings
Mandatory audit committee with 4 meetings annually
Director KYC
Annual KYC for all directors
Income Tax Return
Income tax return filing with tax audit report
Annual General Meeting
AGM with proper notice, quorum, and resolutions
Corporate Governance Requirements
Board Composition
Minimum 1/3rd independent directors; woman director mandatory; maximum 15 directors
Audit Committee
Minimum 3 directors with majority independent; chairman must be independent
Nomination & Remuneration Committee
Minimum 3 non-executive directors with majority independent
Stakeholders Relationship Committee
To resolve grievances of shareholders, debenture holders, etc.
Risk Management Committee
Required for top listed companies to monitor risk management
Vigil Mechanism
Mandatory whistle blower policy and mechanism
Related Party Transactions
Prior approval for RPTs; omnibus approval for certain transactions
Corporate Social Responsibility
CSR committee and spending if net worth/turnover/profit criteria met
Internal Audit
Mandatory internal audit function
Secretarial Audit
Mandatory secretarial audit by practicing Company Secretary
Code of Conduct
Code of conduct for board members and senior management
Website Disclosures
Mandatory disclosures on company website
SEBI Compliance for Listed Companies
Continuous Disclosures
- •Material events and information
- •Financial results within 45 days
- •Board meeting intimation and outcomes
- •Changes in directors/KMP
- •Related party transactions
- •Acquisition/disposal of shares
- •Change in capital structure
- •Dividend declaration
- •Credit rating changes
- •Legal proceedings
Periodic Compliance
- •Quarterly compliance report on corporate governance
- •Annual report with BRSR (Business Responsibility)
- •Reconciliation of share capital (quarterly)
- •Shareholding pattern disclosure
- •Promoter/promoter group holding
- •Statement of investor complaints
- •Investor grievance redressal
- •Website maintenance and updates
- •E-voting facility for shareholders
- •Annual secretarial compliance report
Additional Requirements for Top Listed Companies:
- • Mandatory risk management committee
- • Enhanced board evaluation process
- • Business Responsibility and Sustainability Report (BRSR)
- • Core assurance of BRSR by independent auditor
- • Stricter timelines for various disclosures
Our Comprehensive Compliance Services
ROC Annual Filings
Complete ROC compliance including all annual and event-based forms
SEBI Compliance
LODR compliance, disclosures, and stock exchange filings
Quarterly Reporting
Quarterly financial results and corporate governance reports
Corporate Governance
Board composition, committees, and governance framework
Statutory Audit
Coordination with statutory auditors for annual audit
Secretarial Audit
Mandatory secretarial audit and compliance certificate
Board Support
Board meeting management, minutes, resolutions, and compliance
Committee Support
Management of audit, nomination, and other committees
Income Tax & GST
Income tax returns, GST compliance, and TDS management
Investor Relations
Shareholder communication and grievance redressal
Documents Required
1Company Documents
- ✓ Certificate of Incorporation
- ✓ PAN, TAN, CIN
- ✓ MOA & AOA
- ✓ Previous Financial Statements
- ✓ Stock Exchange Listing Agreement
2Financial Records
- ✓ Books of Accounts
- ✓ Bank Statements (All accounts)
- ✓ Invoices & Vouchers
- ✓ Trial Balance
- ✓ Previous Audit Reports
3Board & Compliance
- ✓ Board Meeting Minutes
- ✓ Committee Meeting Minutes
- ✓ Share Register & Transfer Register
- ✓ Director Details & KYC
- ✓ Shareholding Pattern
4SEBI Documents (Listed)
- ✓ Previous SEBI Filings
- ✓ Corporate Governance Reports
- ✓ Related Party Transaction Register
- ✓ Material Event Disclosures
- ✓ Investor Complaint Records
Important Note:
Public companies require extensive documentation and record maintenance. All registers must be updated regularly. Digital Signature Certificates of authorized signatories are mandatory. Listed companies must maintain additional records as per SEBI requirements.
Annual Compliance Cycle
Year-round compliance management for public companies
Planning
Annual Plan
Q1-Q4
Quarterly Reports
Audit
Statutory Audit
Board
Board Approval
AGM
Conduct AGM
ROC
File with ROC
SEBI
SEBI Disclosures
Penalties for Non-Compliance
Late Filing of Financial Statements
₹100 per day (max ₹10 lakhs) + additional fees
Late Quarterly Results
Stock exchange penalty ₹5,000 per day + ₹5 lakhs
SEBI Non-Compliance
As per SEBI regulations + possible suspension/delisting
Corporate Governance Violation
Penalty u/s 134(8) + adverse remarks in audit report
No Independent Directors
₹1 lakh + ₹1,000 per day + governance violation
No Audit Committee
Corporate governance non-compliance + penalties
Inadequate Disclosures
SEBI penalty + investor loss of confidence
Continuous Defaults
Delisting + director disqualification + prosecution
Serious Consequences for Public Companies:
- • Suspension/Delisting from stock exchanges
- • Loss of investor confidence and market capitalization
- • Director disqualification and prosecution
- • Regulatory action by SEBI/ROC/Stock Exchanges
- • Difficulty in raising funds from market
- • Reputational damage affecting business operations
Frequently Asked Questions
Q1.What are the additional compliance requirements for Public Limited Companies?
Q2.What is SEBI LODR and who needs to comply?
Q3.How often should board meetings be conducted in a Public Limited Company?
Q4.What is the requirement for independent directors in Public Companies?
Q5.What is secretarial audit and is it mandatory for all Public Companies?
Q6.What are quarterly compliance requirements for listed companies?
Q7.What is the role of Audit Committee in Public Companies?
Q8.Can a Public Limited Company conduct AGM online?
Q9.What is Business Responsibility and Sustainability Report (BRSR)?
Q10.What happens if a Public Company fails to comply with listing regulations?
Why Choose Our Public Company Compliance Services?
Specialized Expertise
Team of CAs, CSs, and compliance experts for public companies
SEBI Compliance
Complete SEBI LODR compliance and stock exchange filings
Timely Filings
All quarterly and annual filings completed before deadlines
Quality Assurance
Multi-level review ensuring accuracy and completeness
Compliance Calendar
Comprehensive calendar with all deadlines and requirements
Board Support
Complete board and committee meeting management
Corporate Governance
Implementation of best governance practices
Proactive Alerts
Regular updates on regulatory changes and deadlines
Risk Management
Identify and mitigate compliance risks proactively
Expert Compliance for Public Companies
Get comprehensive ROC, SEBI, and corporate governance compliance services