Section 42: Record Date or Date of closure of transfer books

Q: What does Section 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) deal with?

Section 42 LODR Regulations pertains to "Record Date or Date of closure of transfer books". It is part of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a legislation enacted by the Parliament of India. Section 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) governs record Date or Date of closure of transfer books. As verified on 19 May 2026.

Q: Is Section 42 LODR Regulations still in force?

Yes, Section 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is currently in force across the Republic of India.

Q: What is धारा 42 LODR Regulations?

धारा 42 LODR Regulations is the Devanagari Hindi reference for Section 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Section 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) governs record Date or Date of closure of transfer books. As verified on 19 May 2026.

Q: What is Dhara 42 LODR Regulations?

Dhara 42 LODR Regulations is the Roman Hindi reference for Section 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. "Dhara" means "Section" in Hindi. Section 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) governs record Date or Date of closure of transfer books. As verified on 19 May 2026.

Q: How to cite Section 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015?

Cite as: "Section 42, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations)" in legal briefs. For academic writing, use the BlueBook format: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, § 42 (India).

Law on Tips Editorial Board

(1)

The listed entity shall intimate the record date to all the stock exchange(s) where it is listed for the following purposes:

(a) declaration of dividend;

(b) issue of right or bonus shares;

(c) issue of shares for conversion of debentures or any other convertible security;

(d) shares arising out of rights attached to debentures or any other convertible security

(e) corporate actions like mergers, de-mergers, splits and bonus shares, where stock derivatives are available on the stock of listed entity or where listed entity's stocks form part of an index on which derivatives are available;

(f) such other purposes as may be specified by the stock exchange(s).

(2)

The listed entity shall give notice in advance of at least seven working days (excluding the date of intimation and the record date) to stock exchange(s) of record date specifying the purpose of the record date.

[Provided that in the case of rights issues, the listed entity shall give notice in advance of atleast three working days (excluding the date of intimation and the record date).] [Inserted by Notification No. SEBI/LAD-NRO/GN/2019/45, dated 26.12.2019 (w.e.f. 2.9.2015).]

(3)

The listed entity shall recommend or declare all dividend and/or cash bonuses at least five working days (excluding the date of intimation and the record date) before the record date fixed for the purpose.

(4)

The listed entity shall ensure the time gap of at least thirty days between two record dates.

(5)

For securities held in physical form, the listed entity may, announce dates of closure of its transfer books in place of record date for complying with requirements as specified in sub-regulations (1) to (4):

Provided that the listed entity shall ensure that there is a time gap of at least thirty days between two dates of closure of its transfer books.