Wednesday July 17 2019

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: India

Link: https://bit.ly/2xOdfvd




On 16th July 2019, the Securities and Exchange Board of India (SEBI) published a modification to the circular on the subject ‘Format for Compliance Report on Corporate Governance to be Submitted to Stock Exchange (s) by Listed Entities’.

The above is in relation to Regulation  27(2)  of  Securities  and  Exchange  Board  of  India  (Listing  Obligations and   Disclosure Requirements)  Regulations,  2015 which required that that a listed  entity  shall  submit a quarterly  compliance  report  on corporate  governance  in  the format  specified  by  the  Board  from  time  to  time  to recognized Stock Exchange(s) within fifteen days from close of each quarter.

The formats for Compliance Report on Corporate Governance as per Annexure I, II and III to this circular are being prescribed:

  • Annex -I -on quarterly basis;
  • Annex -II -at the end of a financial year (for the whole of financial year);
  • Annex -III -within six months from end of a financial year. This may be submitted along with the second quarter’s report.

Click on the above link for further information.