Amendments to the Listing Agreement Clauses 51 - EDIFAR Filing

Click here to view List of Companies
for Initial Phase of EDIFAR project

To
The Company Secretary/ Compliance Officer,
All the Companies listed on the Exchange.

Dear Sir/Madam,

Sub: Amendments to the Listing Agreement - Clauses 51

As required by the Securities and Exchange Board of India vide its Circular Nos. SMD/POLICY/CIR-13/02 dated June 20, 2002, and SMD/POLICY/CIR-17/02 dated July 3, 2002, the Exchange has added Clause 51 - EDIFAR Filing in the Listing Agreement. You are requested to note that the amendment has come into force with immediate effect.

The new clause after the amendment to the Listing Agreement would be as follows.

Clause 51 : EDIFAR FILING

1. The company agrees that it shall file the following information, statements and reports on the Electronic Data Information Filing and Retrieval (EDIFAR) website maintained by National Informatics Centre (NIC), on-line, in such manner and format and within such time as may be specified by SEBI:
   • Full version of annual report including the balance sheet, profit and loss account, director's report and auditor's report; cash flow statements; half yearly financial statements quarterly financial statements.
   • Corporate governance report.
   • Shareholding pattern statement.
   • Statement of action taken against the company by any regulatory agency.
   • Such other statement, information or report as may be specified by SEBI from time to time in this regard.
   Provided that the requirement of this clause shall be in addition to and not in derogation from the requirements of other clauses of this listing agreement, which may require filing of any statements, reports and information in the physical or other form with the exchange.
2. The company agrees that it shall appoint a compliance officer who shall be responsible for filing the above information in the EDIFAR system. The compliance officer and the company shall ensure the correctness and authenticity of the information filed in the system and that it is in conformity with applicable laws and terms of the listing agreement.
3. The company undertakes that while filing the information in the EDIFAR system, it shall make the following disclaimer clause: 'The information furnished above is certified by [company's name] to be true, fair and accurate (except in respect of errors in or omissions from documents filed electronically that result solely from electronic transmission errors beyond our control and in respect of which we take corrective action as soon as it is reasonably practicable after becoming aware of the error or the omission). SEBI, the Stock Exchanges or the NIC do not take any responsibility for the accuracy, validity, consistency and integrity of the data entered and updated by it.' The name of the compliance officer with his designation and the company's name shall be displayed immediately below the disclaimer clause."

As per the SEBI Circular nos. SMD/ POLICY/Cir-13/ 02 dated June 20, 2002 and SMD/ POLICY/ Cir-17/ 02 dated July 3, 2002, SEBI has introduced Electronic Data Information Filing and Retrieval system (EDIFAR) in a phased manner and would be applicable to 200 companies in the first phase of implementation. A list of the said 200 companies is enclosed. The companies which are required to file documents/ statements on-line shall be specified by SEBI from time to time.

Filing of these statements/ information would be in addition to the filings to be made by the companies with the stock exchange in compliance with various provisions of Listing Agreement.

Companies falling in the first phase of implementation would be required to file these information/ statements and reports on EDIFAR with effect from July 15, 2002 and would be filed simultaneously with the information being filed with the Stock Exchanges. In case any of the Company included in the list files any of these Information/ Statements and reports physically with the Stock Exchanges between July 1, 2002 and July 13, 2002, such companies should also file the same Information electronically on EDIFAR by July 15, 2002. The manner and format has been provided in the Operational Manual available on the web site http://www.sebiedifar.nic.in. The website is also accessible through a hyperlink 'EDIFAR' from SEBI's official website, http://www.sebi.gov.in.

Hence, you are requested to note the above and comply accordingly.

Yours faithfully,

(Sanjay Golecha)
Deputy General Manager
Corporate Relationship Department

Designated fax numbers for compliance       : 272 3121/3719/2037/2039/2041/2061
Fax number available from 9 P.M. to 9 A.M. : 2721072
Direct Numbers                                         : 2721121 / 1122 / 2375

Click here to view List of Companies
for Initial Phase of EDIFAR project