SEBI, by an amendment to clause 41 of the Listing
Agreement has made it mandatory, effective from the
quarter ending on June 30, 2003, for all listed companies
(including commercial bank to get their quarterly
results subjected to “limited review” by the auditors
of the company (or by a Chartered Accountant in the
case of public sector undertakings) and a copy of
Review Report is required to be submitted to the
Stock Exchange within two months after the close of
the quarter