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.