An IPO is made by Rakesh Steel Ltd., which is a listed company on the stock exchange. The Managing Director of the company directs the Company Secretary to prepare details of half yearly compliance requirements as per th

Half Yearly Compliances as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation 7(3): The listed entity shall submit a compliance certificate to the exchange, duly signed by both the compliance officer of the listed entity and the authorized representative of the share transfer agent within one month of end of each half of the financial year. Regulation 29(1): The listed entity shall give prior intimation to stock exchange about the meeting of the board of directors in which the proposals is due to be considered for financial results viz. quarterly, half yearly, or annual, as the case may be. Proviso to Regulation 31(1): listed entities which have listed their specified securities on SME Exchange, the Holding of specified securities and shareholding pattern shall be submitted on a half yearly basis within twenty one days from the end of each half year. Regulation 32: The listed entity shall submit to the stock exchange the following statement(s) on a quarterly basis for public issue, rights issue, preferential issue etc. a. indicating deviations, if any, in the use of proceeds from the objects stated in the offer document or explanatory statement to the notice for the general meeting, as applicable; b. indicating category wise variation (capital expenditure, sales and marketing, working capital etc.) between projected utilisation of funds made by it in its offer document or explanatory statement to the notice for the general meeting, as applicable and the actual utilisation of funds. For the purpose of this regulation, reference to 'quarterly/quarter' in case of listed entity which has listed their specified securities on SME Exchange shall respectively be read as 'half yearly/half year'. Regulation 33(3)(f): While preparing financial results, the listed entity shall also submit as part of its standalone or consolidated financial results for the half year, by way of a note, a statement of assets and liabilities as at the end of the half - year. Regulation 33(3)(g): The listed entity shall also submit as part of its standalone and consolidated financial results for the half year, by way of a note, statement of cash flows for the half-year. Regulation 33(5): For the purpose of 'Financial Results' (Regulation 33), any reference to 'quarterly/quarter' in case of listed entity which has listed their specified securities on SME Exchange shall be respectively read as 'half yearly/half year' and the requirement of submitting 'year-to-date' financial results shall not be applicable for a listed entity which has listed their specified securities on SME Exchange. Regulation 40(9): The listed entity shall ensure that the share transfer agent and/or the in-house share transfer facility, as the case may be, produces a certificate from a practising company secretary within one month of the end of each half of the financial year, certifying that all certificates have been issued within thirty days of the date of lodgement for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies. As per Regulation 40(10) of SEBI (LODR), the listed entity shall ensure that certificate mentioned at Regulation 40 (9), shall be filed with the stock exchange(s) simultaneously.