Transition to XBRL filings for listed entities



Quick Summary
Listed entities in India are now required to submit certain disclosures in XBRL format alongside PDF filings, as mandated by the BSE and NSE. This transition, effective from May 15, 2023, requires companies to provide more granular details for events like shareholder meetings and the issuance of securities. While PDF filings are still considered for compliance, XBRL submissions must be made within 24 hours of the PDF submission.

Background Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [SEBI LODR] states that a certain list of events mentioned in Part A are deemed to be material and shall be disclosed to the Stock Exchange within 24 hours of their occurrence. Usually, these disclosures are to be made in PDF format through the Electronic Platform of the Stock Exchange (The Listing Centre for the Bombay Stock Exchange and the NEAPS portal of the National
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Why Affluence Advisory for any Tax Compliance services? Affluence Advisory Pvt Ltdis a multi-disciplinary consulting and compliance firm that is managed by a specialized team of Chartered Accountants, Company Secretaries, Corporate Lawyers, and Other Professionals who are committed to providing a quality experience ... Read more

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