Listed Companies provided a breather in respect of submission of Annual Audited Results for the Financial Year 2011-12

With reference to the amendments made to Cl 41 of the Listing Agreement, vide SEBI Circular dated 5th October 2011, the Capital Markets Regulator, SEBI has vide its letter dated 11th April 2012 issued to BSE & NSE, restored the extant option for the quarter ended FY 2011-12 and in respect of annual audited results for FY 2011-12, to either:

• Submit limited reviewed Q4 results within 45 days from end of the quarter and thereafter submit annual audited results as soon as they are approved by the Board;

(or)

• Submit annual audited results within 60 days from the end of fourth quarter along with Q4 results which would be a balancing figure.
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The above relaxation for the FY 2011-12 has been provided keeping in view the representations received from the listed companies on the Q4 results and revised Schedule VI, being notified by MCA. The situation will be reviewed later on.

Please take note of the same.

Regards