Circulars to Listed Companies

 

LIST/COMP/26/2018-19                                                                                       November 20, 2018

 

Dear Sir / Madam,

 

Subject: Disclosure of reasons for delay in submission of financial results by listed entities

 

Securities and Exchange Board of India (SEBI) has issued Circular CIR/CFD/CMD-1/142/2018 dated November 19, 2018 regarding the captioned matter.  

 

SEBI vide its Circular No. CIR/CFD/CMD-1/142/2018 states that, if any listed entity does not submit its financial results in accordance with the timelines specified in Regulation 33 of Listing Regulations, the listed entity shall disclose detailed reasons for such delay to the stock exchanges within one working day of the due date of submission for the results as required under Regulation 33.

 

However, if the decision to delay the results was taken by the listed entity prior to the due date, the listed entity shall disclose detailed reasons for such delay to the stock exchanges within one working day of such decision.

 

The aforesaid circular is appended for reference

 

Listed Entities are required to take note of the said circular and comply accordingly.

 

 

Abhijit Pai                                                                                Shyam Bhagirath     

Deputy General Manager                                                       Associate Manager

Listing Compliance                                                                Listing Compliance