Circulars to Listed Companies

 

DCS/COMP/11/2014-15                                                                                                 September 30, 2014
 
 
CIRCULAR TO LISTED COMPANIES
 
GUIDANCE NOTE FOR DISCLOSURES MADE UNDER CLAUSE 36 OF THE LISTING AGREEMENT.
 
 
Clause 36 of the Listing Agreement inter-alia mandates that listed companies should immediately inform the Exchange of all material and/or price sensitive events which will/could have a bearing on the performance / operations / price of the company or its shares.
 
An indicative list of such material events has been included in the Listing Agreement.
 
In order to assist and guide companies in understanding which events need to be disclosed and what would constitute relevant details with respect to the obligation for making continuous disclosures as per Clause 36 of the Listing Agreement,  a Guidance Note has been compiled. The same is enclosed as Annexure I.
 
Going forward companies are requested to be guided by the points included in the said note - it may be noted that this note is merely a guidance and not an exclusive list of events or details. The companies are urged to submit comprehensive disclosures relating to material events, as they develop or crystallize, from time to time.
 
In case of any further query, the companies may kindly contact the following officials:
 

Official
Contact Nos.
Mr. Abhijit Pai
22728745/22728015
Ms. Dhara Barot
22728559

 
 
 
Thank you.
 
Yours faithfully,
 
 
Khushro Bulsara                                                                                                               Netra Sahani
General Manager                                                                                                            Dy. General Manager                    
Listing Compliance & Legal Regulatory                                                                    Listing Compliance