Reg 30A intimation of an agreement binding the listed entity
Two working days for a shareholder, promoter, related party, director, key managerial person or employee to tell the entity about an agreement that binds it, even one the entity is not party to.
2 working days from entering the agreement
Counted from entering into, or agreeing to enter into, an agreement covered by Reg 30A
- SEBI
- SEBI events and governance
- Not specified
- 2026-09-01
Two working days. A shareholder, promoter, promoter group member, related party, director, key managerial person or employee of the entity or of its holding, subsidiary or associate company has to inform the listed entity within two working days of entering into, or agreeing to enter into, an agreement that impacts the management or control of the entity or imposes a restriction or liability on it. The duty runs even where the listed entity is not a party to the agreement.
Deadlines counted from an event
Within two working days of entering into, or agreeing to enter into, the agreement, the person must inform the listed entity of the agreement and of any rescission, amendment or alteration to it, whether or not the listed entity is a party. The listed entity then discloses the agreement under Reg 30 read with Schedule III Part A Para A clause 5A.
The rule
Within two working days of entering into, or agreeing to enter into, the agreement, the person must inform the listed entity of the agreement and of any rescission, amendment or alteration to it, whether or not the listed entity is a party. The listed entity then discloses the agreement under Reg 30 read with Schedule III Part A Para A clause 5A.
Who must comply
- Shareholders, promoters, members of the promoter group, related parties, directors, key managerial personnel and employees of the listed entity
- The same categories in the holding, subsidiary and associate companies of the listed entity
- An agreement that impacts the management or control of the listed entity, or imposes a restriction or creates a liability on it, whether or not the entity is a party
Statutory basis
Before you file
- Tell promoters, directors, key managerial personnel and employees that Reg 30A binds them personally.
- Set up a channel for them to report an agreement to the compliance officer.
- Collect the agreement and its rescissions, amendments and alterations.
- Assess whether the agreement impacts management or control, or creates a restriction or liability on the entity.
How to file
- Receive the intimation from the person who entered the agreement.
- Record the date the agreement was entered into.
- Assess the agreement against Schedule III Part A Para A clause 5A.
- Disclose the agreement to the exchanges on the Reg 30(6) clock for an event that does not emanate from within the entity.
- Publish the disclosure on the entity's website.
Intimation to the listed entity, then disclosure to the exchanges under Reg 30
If you miss it
No per-day exchange fine is asserted here, because this provision is not on the fine table we have verified. SEBI adjudicates a late or missed disclosure under section 15A(b) of the SEBI Act, which reaches ₹1 lakh for each day the failure continues and is capped at ₹1 crore. Section 23E of the Securities Contracts (Regulation) Act is the other head, at not less than ₹5 lakh and up to ₹25 crore for a breach of listing conditions. Orders in this area normally land in lakhs rather than near the ceiling.
- The exchange records the default in the entity's compliance history, and a repeated default feeds SEBI's decision to adjudicate
- The disclosure still has to be made after the deadline passes, and it has to carry an explanation for the delay
- Disclosing favourable events on time while letting unfavourable ones slip is charged as a breach of Reg 4(1)(d) in its own right, alongside the specific provision
Recent changes affecting this
Relaxation from SEBI Master Circular for Minimum Public Shareholding Non-Compliance
Master Circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities
Master Circular for listing obligations and disclosure requirements for Non-convertible Securities, Securitized Debt Instruments and/ or Commercial Paper
Common questions
Does this apply where the listed entity is not a party?
Yes. That is the point of Reg 30A. An agreement between shareholders that affects the management or control of the entity has to be reported to the entity even though the entity never signed it.
Who has the two working day duty?
The person who entered the agreement, not the listed entity. The entity's own clock starts once it is informed, and runs under the Reg 30(6) tier for an event that does not emanate from within the entity.