Summary of the circular issued by BSE on 12/07/2022 Filing of Business Responsibility and Sustainability Report(BRSR) by Listed Entities With effect from the financial year 2022-2023, filing of BRSR shall be mandatory for the top 1000 listed companies (by market capitalization). For the financial year 2021-22, filing of BRSR is voluntary for these entities. In [...]
July 12, 2022 Summary of the circular issued by NSE on 11/07/2022 Listed Entities to provide URLs w.r.t uploads made in its website under LODR regulations on or before 18/07/2022 LODR Regulations requires an entity that has listed its specified securities and non-convertible securities to maintain a functional website and upload various intimations under Regulations [...]
July 11, 2022 Summary of the circular issued by NSE on 08/07/2022 Specified Disclosures under LODR Rgeulations to be filed in the new digital portal of NSE w.e.f 11/07/2022 NSE has notified that the necessary intimations in XBRL mode w.r.t Financial Results, Related Party Transactions and Business Responsibility & Sustainability Report (BRSR) shall be uploaded [...]
July 08, 2022 Summary of the circular issued by NSE on 07/07/2022 NSE issues guidance note on disclosure of complaints in Investor Complaints Report Regulation 13(3) of LODR Regulations requires a listed entity to file a statement indicating the number of investor complaints pending at the beginning of the quarter, those received during the quarter, [...]
Summary of circulars issued by the Stock Exchanges and Notifications issued by IBBI on 04/07/2022. 1. BSE and NSE have issued circulars directing debt/equity listed entities to disseminate the following on their website: All disclosures, under Regulation 46 and 62 of Listing Regulations to be under a separate section as mentioned below: Home > [...]
July 01, 2022 Summary of the circular issued by SEBI on 30/06/2022 SEBI amends disclosure format w.r.t public shareholding of specified securities w.e.f quarter ending 30/09/2022 Key Highlight of the revised format are as follows: 1. The names of the public shareholders holding 1% or more than 1% of shares of the listed entity should [...]
June 16, 2022 Summary of the circular issued by IBBI on 15/06/2022 Procedural requirements to be adhered to by an Information Utility with respect to Corporate Insolvency Resolution Process An Information Utility (IU), upon receipt of the CIRP application (whether filed by Financial Creditor/Operational Creditor/Corporate Debtor) from the Board, shall carry out the following [...]
June 15, 2022 Summary of the notifications issued by IBBI on 14/06/2022 IBBI amends procedure for issuing of Record of Default under Information Utilities regulations. IBBI now requires the creditor to file the information of default with the information utility, prior to filing a CIRP application, so that the information utility shall process the [...]
June 13, 2022 Summary of the notification issued by MCA on 10/06/2022 Procedure for Restoration of Name in the Data Bank by the Independent Director under Companies Act, 2013 Any individual desirous of being appointed as an Independent Director is required to pass an online proficiency self-assessment test conducted by the Institute ('IICA') within [...]
June 10, 2022 Summary of the notification issued by MCA on 09/06/2022 MCA notifies re-submission timelines w.r.t application filed for removal of name of company under Companies Act, 2013 A company which intends to have its name removed under Section 248(2) of the Companies Act, 2013 shall file the application in Form STK-2. MCA [...]