SEBI strengthens Corporate Governance framework for SME Listed and High-Value Debt Companies

The Securities and Exchange Board of India (SEBI), via its notification dated 27 March 2025, introduced significant amendments to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations). These changes aim to reinforce corporate governance, enhance transparency, and impose stricter compliance requirements on entities listed on SME Exchanges and those classified as High-Value Debt Listed Entities (HVDLEs).