The Securities and Exchange Board of India (‘SEBI’) on January 8, 2021 has introduced certain amendments to Part A, Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), pursuant to which, SEBI has introduced certain additional disclosure events in relation to the corporate insolvency resolution process (‘CIRP’) of a listed corporate debtor under the IBC, without any application of the guidelines for materiality. These include: (i) specific features and details of the resolution plan as approved by the adjudicating authority under the IBC, not involving commercial secrets, including pre and post net-worth of the company, details of the assets of the company post CIRP, details of funds infused in the company, and creditors paid-off; (ii) proposed steps to be taken by the incoming investor/acquirer for achieving the minimum public shareholding (‘MPS’); (iii) quarterly disclosure of the status of achieving the MPS; and (iv) details of the delisting plans, if any, approved in the resolution plan.