Authored by Aishwarya Lakshmi V.M

In our earlier article on the consultation paper circulated by SEBI for re-classification of promoters, we had outlined the changes that SEBI had proposed in it. At its action-packed Board Meeting held on 25^th March 2021, the mater relating to this was tabled, and SEBI has approved certain amendments based on the said consultation paper, to Regulation 31A of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

We update the changes that have been approved and also mark those that were proposed in the consultation paper, for which no changes have been made by SEBI.

S. No.	Relevant Requirement	Existing	Proposed	Rationale for proposing the change	Change Approved or not
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