Listed Companies: Know the NSE Circular on Integrated Governance Filing!

Integrated Filing (Governance) (XBRL) Made Mandatory from Q4 FY 2024-25

The National Stock Exchange of India (NSE), vide its circular dated 01 April 2025, has introduced a significant compliance update for all listed entities.

Effective from the quarter ended 31 March 2025, companies are now required to file the Integrated Filing (Governance) report in XBRL through the NSE Neaps platform within 30 days from the end of the quarter. This filing will now serve as a consolidated submission for multiple governance-related disclosures.

Key Highlights of the Circular:

• New Mandatory Filing: Integrated Filing (Governance) in XBR  is to be submitted w.e.f. Q4 FY 2024-25.
• No More Separate XBRL Filings:
  • Investor Grievance Report (Regulation 13(3))
  • Corporate Governance Report (Regulation 27(2))
    These are now part of the integrated filing and need not be filed separately in XBRL format anymore.
• Streamlined Compliance: This move is aimed at reducing duplication and easing the burden on compliance officers by consolidating governance submissions.

What You Should Do Now:

Listed companies should:

• Prepare to submit their Q4 FY 2024-25 reports in the integrated format.
• Stop filing the existing XBRL templates for Investor Grievance and Corporate Governance separately.
• Review NSE’s detailed guidance and the NEAPS portal filing path.

This change reflects NSE’s continued push towards digitized and efficient compliance systems. Entities are encouraged to stay updated with all upcoming changes to avoid any filing errors or penalties.

Stay tuned with Stox N Tax for more such timely compliance updates!