
Sanjay M. Shirodkar
Of CounselSanjay Shirodkar is resident in the firm's Washington, DC office. Before joining the firm, he was a Special Counsel in the Office of Chief Counsel, Division of Corporation Finance, at the US Securities and Exchange Commission (SEC).
Sanjay's practice includes advising US and non-US companies, including public companies and their boards, on federal securities law compliance, and corporate governance matters. He has extensive experience in SEC reporting and disclosure requirements, shareholder proposal and proxy matters, proxy access and shareholder activism and engagement. Sanjay regularly counsels public company clients on new and evolving disclosure and governance requirements and practices. Sanjay works with a diverse range of companies, from Fortune 500 to private companies, spanning multiple industries including life sciences, financial institutions, real estate, consumer products, and retail. He interprets and advises clients on complying with the rules and regulations of the SEC, the New York Stock Exchange (NYSE), and the National Association of Securities Dealers Automated Quotations (NASDAQ).
Sanjay's practice also includes representing companies and underwriters in public and private equity offerings, tender offers, and mergers and acquisitions with experience in multi-billion-dollar transactions in a broad range of domestic and private financings and mergers and acquisitions. Additionally, he represents various real estate investment trust (REIT) sponsors in connection with their mergers and acquisitions (M&A) and capital raising activities.
Sanjay extensively publishes on corporate governance related topics and is frequently quoted in numerous national publications.
Bylines
- Co-author, "SEC proposes rescinding Rule 14a-8 and modernizing the proxy solicitation framework," DLA Piper, September 23, 2026
- Co-author, "End of an era: FPIs now subject to Section 16 reporting, new requirements," Market Edge, December 23, 2025
- Co-author, "SEC Division of Corporation Finance announces significant change to shareholder proposal no-action process for upcoming proxy season," Market Edge, November 18, 2025
- Co-author, "SEC signals potentially significant changes to Rule 14a-8 shareholder proposal process," Market Edge, October 29, 2025
- Co-author, "A principles-based model for modern governance: COSO and NACD's proposed corporate governance framework," Market Edge, June 30, 2025
- Co-author, "The Commission's analysis of recent developments in the FPI population," Market Edge, June 24, 2025
- Co-author, "Current state of play for foreign private issuers," Market Edge, June 20, 2025
- Co-author, "Time to reassess the definition of a foreign private issuer?" Market Edge, June 6, 2025
- Co-author, "To control or not to control: SEC issues new guidance impacting Schedule 13G filers," Market Edge, March 10, 2025
- Co-author, "SEC expands confidential review process to facilitate capital formation," Market Edge, March 5, 2025
- Co-author, "Shareholder proposals – the great reset again! (Part 2)," Market Edge, March 4, 2025
- Co-author, "Shareholder proposals – the great reset again!" Market Edge, February 24, 2025
- Co-author, "Notice of Exempt Solicitations are under scrutiny," Market Edge, February 18, 2025
- Co-author, "From expert to director: How to navigate the complexities and scrutiny of public company board service," DLA Piper, October 23, 2024
- Co-author, "Climate Activism: Status Check and Opportunities for Public Companies," Harvard Law School Forum on Corporate Governance, January 16, 2021, and The Corporate Governance Advisor, March 2021
- Co-author, "The Pill and the Pandemic," Association of Corporate Counsel, South Florida, August 10, 2020
- Co-author, "Emerging Markets Companies Face Increased US Scrutiny," Law360, June 16, 2020
- Co-author, "ESG: the rise of private ordering and the role of the NCGC Committee," DLA Piper's Handbook, March 26, 2020
- Author, "Facebook Fines Should Motivate Better Breach Disclosures," Law360, July 31, 2019
- Author, "2019 Proxy Season Hot Topics," Business Law Today, April 25, 2019
- Co-author, "Size matters: reduced compliance cost alternative made possible by the SEC," Business Law Today, September 27, 2018
- Co-author, "Size Matters: SEC Helps Middle Market Companies," The National Law Review, September 20, 2018
- Author, "What you can do to make your board more transparent," Baltimore Business Journal, March 15, 2017
- Author, "Conflict minerals and resource extraction rules – status check and some takeaways," Corporate Board Member, August 15, 2013
- Co-author, "Judgment call: shareholder activism is back and here to stay," The Deal, May 10, 2013
- Author, "Companies beware: shareholder activism is back," Baltimore Chapter FOCUS, Q3 2013
- Co-author, "Billion dollar companies: not too big for hostile shareholder activism," Deal Lawyers, January 2013
- Co-author, "A primer for public companies on the new conflict mineral reporting rules," Business Law Today, December 2012
- Co-author, "Smaller reporting companies – disclosure and governance considerations," Business Law Today, April 2011
Memberships And Affiliations
- DC Bar Association
- Maryland Bar Association
- American Bar Association
Civic and Charitable
- Board Member, Susan G. Komen ® Maryland