Revised Formats for filing Financial information
Summary
This circular provides revised formats for listed entities to file financial information, including standalone and consolidated results. It mandates specific disclosures for assets, liabilities, and cash flows on quarterly and half-yearly bases. Additionally, it outlines procedures for disclosing reasons for delays in reporting and specifies newspaper publication formats.
Text
This circular provides the revised formats for reporting of financial information mandated by amendments to Regulation 52 of the Listing Regulations.
Financial results shall contain items mentioned in Schedule III of the Companies Act, 2013 and details of security created for secured non-convertible debt securities per regulation 54(3).
The financial results shall be disclosed in the prescribed format showing current period, previous period, and corresponding figures for prior quarters.
If the listed entity does not have corresponding quarterly financial results for specific past quarters, the column on corresponding figures will not be applicable.
The statement of assets and liabilities shall be prepared in the prescribed format containing items from the Balance Sheet under Schedule III of the Companies Act, 2013.
The Statement of Cash Flows shall be prepared under the indirect method as prescribed in Accounting Standard-3 or Indian Accounting Standard 7.
Banking Companies and Insurance Companies shall disclose financial information as per the formats prescribed under their respective Acts/Regulations specified by their Regulators.
The format of financial results to be published in newspapers is prescribed in Annex-I in terms of Regulation 52(8) of the Listing Regulations.
In case of non-submission or delayed submission within timelines, the listed entity shall disclose detailed reasons to stock exchanges within one working day of the due date.
If the decision to delay was taken prior to the due date, the listed entity shall disclose detailed reasons to stock exchanges within one working day of such decision.
Stock Exchanges are advised to bring the provisions of this circular to the notice of listed entities and disseminate it on their websites.
Source: SecMarx — Revised Formats for filing Financial information. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.