Section 28: In-principle approval of recognized stock exchange(s)

Q: What does Section 28 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) deal with?

Section 28 LODR pertains to "In-principle approval of recognized stock exchange(s)". It is part of the The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a legislation enacted by the Parliament of India. Section 28 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) governs in-principle approval of recognized stock exchange(s). As verified on 19 May 2026.

Q: Is Section 28 LODR still in force?

Yes, Section 28 of the The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is currently in force across the Republic of India.

Q: What is धारा 28 LODR?

धारा 28 LODR is the Devanagari Hindi reference for Section 28 of the The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Section 28 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) governs in-principle approval of recognized stock exchange(s). As verified on 19 May 2026.

Q: What is Dhara 28 LODR?

Dhara 28 LODR is the Roman Hindi reference for Section 28 of the The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. "Dhara" means "Section" in Hindi. Section 28 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) governs in-principle approval of recognized stock exchange(s). As verified on 19 May 2026.

Q: How to cite Section 28 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015?

Cite as: "Section 28, The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR)" in legal briefs. For academic writing, use the BlueBook format: The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, § 28 (India).

Law on Tips Editorial Board

(1)

The listed entity, before issuing securities, shall obtain an `in-principle' approval from recognised stock exchange(s) in the following manner:

(a) where the securities are listed only on recognised stock exchange(s) having nationwide trading terminals, from all such stock exchange(s);

(b) where the securities are not listed on any recognised stock exchange having nationwide trading terminals, from all the stock exchange(s) in which the securities of the issuer are proposed to be listed;

(c) where the securities are listed on recognised stock exchange(s) having nationwide trading terminals as well as on the recognised stock exchange(s) not having nationwide trading terminals, from all recognised stock exchange(s) having nationwide trading terminals:

(2)

The requirement of obtaining in-principle approval from recognised stock exchange(s),shall not be applicable for securities issued pursuant to the scheme of arrangement for which the listed entity has already obtained No- Objection Letter from recognised stock exchange(s) in accordance with regulation 37.