Clause 41 of listing agreement
This query is : Resolved
10 July 2015
Is it necessary for listed companies to publish in newspapers quarterly consolidated financial results?? If company just publishes stand alone results in newspapers quarterly and at year end it publishes consolidated financial results will it be fine??
11 July 2015
Hi Vishal -
As per SEBI guidelines, IT Act Public limited, listed companies need to give details financials results every quarter. That give a clear picture to all the shareholders about the happening of the company and also prepare for the AGM that is held 1 time in a year.
As per SEBI guidelines, IT Act Public limited, listed companies need to give details financials results every quarter. That give a clear picture to all the shareholders about the happening of the company and also prepare for the AGM that is held 1 time in a year.
11 July 2015
I am saying, It is necessary as per clause 41 of listing agreement to publish consolidated results quaterly, stand alone if published in newspaper would be ok ?
CA R SEETHARAMAN
(Expert)
11 July 2015
Consolidated results has to be published compulsorily with stand alone details like turnover, PBT and PAT given as foot note.
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