The Full Form of LODR is Listing Obligations and Disclosure Requirements.

SEBI Act, 1992 was enacted to provide the establishment of a Board to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and matters connected therewith. Till the promulgation of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the listed entities were governed by a Listing Agreement (private agreement) between the Stock Exchange and the listed company, which governed all listing obligations and disclosure requirements. Therefore, if the enforcement of any provision had to be made under the listing agreement, SEBI had to go through the stock exchanges. SEBI could not directly access the issuer company, unless there was a breach of some other regulation.

Now, SEBI has taken direct regulatory control over the listed entities in India by notifying the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 on September 2, 2015 (the Regulations). These regulations have replaced the listing agreements earlier executed by companies with the stock exchanges and all earlier circulars regarding listing agreement, stand repealed.