DCS/COMP/01/2013-14 April 16, 2013
The Company Secretary / Compliance Officer
Sub: Submission of Annual Audited Financial Results- Clause 41 of the Equity Listing Agreement.
Companies are hereby once again advised that pursuant to The Securities Exchange Board of India (SEBI) Circular no. CIR/CFD/DIL/7/2011 dated October 5, 2011 all listed companies are required to submit their Standalone and Consolidated Annual Audited Results for the entire financial year within 60 days from the end of the financial year.
The aforesaid Circular is appended for reference.
In view of the aforesaid SEBI circular, Clause 41 (I) (d) of the Equity Listing Agreement has been revised to:
Clause 41 (I) (d) “The issuer shall submit audited financial results for the entire financial year, within sixty days of the end of the financial year. The issuer shall also submit the audited financial results in respect of the last quarter alongwith the results for the entire financial year, with a note that the figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current financial year.”
Further as per Clause 41 (I) (e) (ii) “If the company has subsidiaries :-
(ii) while submitting annual audited financial results prepared on stand-alone basis under item (d), it shall also submit annual audited consolidated financial results to the stock exchange within sixty days from the end of the financial year.”
Companies are required to take note of this and comply.
Thank you.
Yours faithfully,
Netra Sahani Jeevan Noronha
Asst. General Manager - DCS Manager - DCS
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