A news briefing by BTG Advaya

11 June 2025

There have been some recent updates concerning corporate disclosure in India, specifically in relation to compliance with the Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act, 2013 (“PoSH Act”), and the Maternity Benefit Act, 1961 (“MB Act”).

The Ministry of Corporate Affairs has recently amended and notified the Companies (Accounts) Second Amendment Rules, 2025, effective from July 14, 2025. This amendment requires companies to make certain additional disclosures in their board report. Below is a snapshot of these additional requirements.

Additional disclosures regarding the PoSH Act

While companies are already required to make a statement confirming compliance with the PoSH Act, the recent amendment requires companies to additionally disclose the following information in their board report:

  1. number of complaints of sexual harassment received in the particular year;
  2. number of complaints disposed off during the particular year; and 
  3. number of cases pending for more than ninety days.

New disclosure regarding the MB Act 

The amended rules require companies to make a statement confirming their compliance with the provisions of the MB Act. This is a new requirement.

Non-compliance with these new requirements is punishable with a fine of up to INR 3,00,00 and a fine of INR 50,000 for every officer in default.

These amended rules are meant to help create a safer workplace across India by requiring companies to be transparent about their compliance with the PoSH Act and MB Act. 

Please contact practicemanager@btgadvaya.com for further information.