Kite Ltd. is a public company which intends to get its equity shares listed at BSE. Kite Ltd. has approached you to advise about the conditions of listing regulations with respect to maintenance of mandatory functional w

As per Regulation 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 , every listed entity is mandated to maintain a functional website. My advice to Kite Ltd. regarding the specific requirements for maintaining this website is as follows: Mandatory to maintain a functional website: It is mandatory for every listed entity to maintain a functional website containing the basic information about the listed entity. A. Dissemination of Information on the website of the company: The following information is required to be disseminated on the website of the company: Details of its business; Terms and conditions of appointment of independent directors; Composition of various committees of the Board of Directors; Code of conduct of the Board of Directors and senior management personnel; Details of the establishment of a vigil mechanism/Whistle Blower Policy; Criteria of making payments to non-executive directors, if the same has not been disclosed in the annual report; Policy on dealing with related party transactions; Policy for determining 'material' subsidiaries; Details of familiarization programmes imparted to independent directors; The email address for grievance redressal and other relevant details; Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances; Shareholding Pattern; Financial results; Details of agreements with media companies, analysts, etc. B. Responsibilities of the listed entity regarding website content: The listed entity shall: Ensure that the contents of the website are correct; Update any change in the content of its website within two working days from the date of such change in content. Kite Ltd. must ensure strict compliance with these provisions to meet its listing obligations under SEBI (LODR) Regulations, 2015.