Media Release
Steps taken by Exchanges for standardizing the input of the critical data pertaining to compliance by listed entities
Mumbai, September 05, 2022: Listed entities are required to submit periodical compliance filings to Stock Exchanges within the prescribed timelines as laid down in SEBI Listing Regulations and accordingly, they were mandated to report XBRL based filings for financials from 2015 onwards.
Under the aegis of SEBI Market Data Advisory committee (MDAC) constituted to recommend policy measures in areas such as securities market data standardization, access and privacy, it was deliberated that XBRL would be implemented for all corporate filings.
Accordingly, Stock Exchanges have implemented new XBRL based compliance filing mechanism featuring identical and homogenous compliance data structures which will not only for companies ease the compliance burden on listed entities but would also enable analytics on the data submitted by the listed entities.
The following XBRL based filings for Equity/ Debt/ REIT/InVIT have been released by both the Exchanges to facilitate the input of the critical clauses of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 under the guidance of MDAC:-
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S.No
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Particulars (Along with the name of SEBI Regulations)
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1
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Regulation 13 (3) - Statement of Investor complaints
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2
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Regulation 27 (2) - Corporate Governance
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3
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Regulation 31 - Shareholding Pattern
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4
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Regulation 33 - Financial Results
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5
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Regulation 34 –Annual Report
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6
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Reconciliation of Share Capital Audit
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7
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Regulation 44 – Voting Result
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8
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Regulation 7(2) - SEBI (PIT) Regulations, 2015
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9
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Regulation 32 (1) - Statement of deviation/variation
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10
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Regulation 24A - Secretarial Compliance Report
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11
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Regulation 60 – Record Date/ Date of closure of transfer book
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12
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Unit Holding Pattern
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13
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Related Party Transactions
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14
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Business Responsibility and Sustainability Reporting
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We believe that these steps shall enhance the transparency and efficiency of corporate information for the investors.
About BSE
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.
BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure. BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds , Turmeric , Cotton & Almond.
BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE’s systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments.
Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), associate company of BSE, is one of the two Depositories in India.
BSE has set up an Investor Protection Fund (IPF) on July 10, 1986 to meet the claims of investors against defaulter Members, in accordance with the Guidelines issued by the Ministry of Finance, Government of India. BSE Investor Protection Fund is responsible for creating Capital markets related awareness among the investor community in India.
Media Contact:
Yatin Padia / Rahul Vyas/ Shruti Nitesh
022 2272 8516 / 2272 8472/ 8108000974
Yatin.padia@bseindia.com / Rahul.vyas@indiainx.com / Shruti.nitesh@adfactorspr.com