On September 2, 2015, the Security and Exchange Board of India (SEBI) informed through the Security and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. (Listing Regulations 2015). The listing rules apply to listed companies. Section 2 (52) of the Companies Act provides that publicly traded companies and all companies that have listed their underlisted securities and, therefore, the listing rules are applied to them. The primary objective of the entry into force of this regulation was first to bring the listing agreement into line with the 2013 Corporations Act. Listing Agreement is the basic document that is exported between the company and the stock exchange when companies are listed on the stock exchange. The primary purpose of the public listing agreement is to ensure that companies have good corporate governance. The Security Exchange Board of India Scholarship ensures that companies follow good corporate governance. The list agreement includes 54 clauses indicating corporate governance that listed companies must follow, otherwise companies will have to expect disciplinary action, suspensions and cancellations of securities. Companies must also provide certain information and act through the terms of the agreement.
 www.sebi.gov.in/cms/sebi_data/attachdocs/1441284401427.pdf The main reason for the introduction of the listing regulation was the rationalization of all rules applicable to all securities, so that companies could comply with a set of rules instead of following two regulations and avoid confusion resulting from the overlapping of two regulations. The introduction of a new regulatory framework has also improved the advertising process with regard to SEBI, as more and more companies are subject to strict control of the regulatory mechanism and, as a result, the process of companies complying with the Securities and Exchange Board of India (SEBI) rules has been improved. With the introduction of listing regulations, contractual obligations have been converted into a legal requirement conferring legal recognition on the regulations.