Notification by SEBI in The Gazette of India designed to streamline financial disclosers and align them with global standards.
| Focus: |
Governance |
| Publishing date: |
September 2018 |
| Effective from: |
November 2018 |
| Version: |
Final |
| Voluntary / Mandatory: |
Mandatory |
Relevance to investor:
Allows investors to review concise and precise information in line with improving global standards.
Predecessor policies / frameworks:
SEBI (Issue Of Capital And Disclosure Requirements) Regulations, 2009
Objectives:
"Rationalise financial disclosure in offer documents and bring these in line with global standards"
Institution behind the policy / framework:
Securities and Exchange Board of India (SEBI), GoI
Target users: All Indian businesses
Components of the policy / framework:
- Reduction in Time Period of Financial Statements
- Disclosure of Financial Statements of Material Subsidiaries
- Proforma Financial Information
View Regulation
