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TMI BlogAmendments to the Equity, IDR and SME Equity Listing AgreementsX X X X Extracts X X X X X X X X Extracts X X X X ..... ndments are as under:- (a) Amendments to Clause 41 - Disclosure of quarterly financial results i) In order to give a better comparative picture of the quarterly financial results, listed entities shall disclose figures in respect of immediately preceding quarter as well in addition to the existing requirements. ii) Listed entities shall also submit the last quarter results along with the audited annual results. (b) Amendments to Clause 41 - Submission of financial results It is being observed that certain listed entities, while submitting their interim financial results, submit unaudited financials first and subsequently submit the limited review report after a lag. It is hereby clarified that submission of unaudited resu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e applicable for all the shareholders meetings, for which notices are issued on or after January 01, 2012. Stock Exchanges are advised to notify the list of entities for whom the said provision would be applicable based on the criteria specified at 2(d) above. The above listing conditions are specified in exercise of the powers conferred under Section 11 read with Section 11A of the Securities and Exchange Board of India Act, 1992. The said listing conditions should form part of the existing Listing Agreements of the stock exchange. 5. All stock exchanges are advised to ensure compliance with this circular and carry out the amendments in their Listing Agreement as per the Annexure to this circular. 6. This circular is available on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me. 3. After Clause 35, a new Clause 35A may be inserted, viz., 35A. The issuer agrees to submit to the stock exchange, within 48 hours of conclusion of its General Meeting, details regarding the voting results in the following format : Date of the AGM/EGM: _______________________ Total number of shareholders on record date: No. of Shareholders present in the meeting either in person or through proxy: Promoters and Promoter Group: Public: No. of Shareholders attended the meeting through Video Conferencing Promoters and Promoter Group: Public: (Agenda-wise) Detail of the Agenda: Resolution required : (Ordinary/Special) Mode of voting: (Sho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g Chartered Accountant) and such limited reviewed results (financial results accompanied by the limited review report) shall be submitted within forty-five days from the end of the quarter. b) In Sub-Clause (I), Para (d) may be substituted with the following: d) The issuer shall submit audited financial results for the entire financial year, within sixty days of the end of the financial year. The issuer shall also submit the audited financial results in respect of the last quarter alongwith the results for the entire financial year, with a note that the figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent containing the salient features of all the documents, as prescribed in sub-clause (iv) of clause (b) of proviso to section 219 of the Companies Act, 1956 to those shareholder(s) who have not so registered; iii) Hard copies of full annual reports to those shareholders, who request for the same. 6. In Clause 43, in Sub-Clause (I), i) In Para (c), Sub-Para (i) may be substituted with: In case the issuer opts to submit unaudited financial results, they shall be subjected to limited review by the statutory auditors of the issuer (or in case of public sector undertakings, by any practicing Chartered Accountant) and such limited reviewed results (financial results accompanied by the limited review report) shall be submitted withi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he format for abridged annual report is specified by home country or the other jurisdictions, where its securities are listed; (iii) Hard copy of full annual report to those IDR Holder(s) who have not registered their email address(es), if no such format for abridged annual report is specified by the home country or the other jurisdictions where its securities are listed. Issuer further agrees to ensure that the IDR Holders are able to receive a copy of Annual Report from the domestic depository or Compliance Officer, on request. The full Annual Report shall contain the Board s report, Balance Sheet, Profit and Loss Account, the Auditor s Report and such other report which is required to be sent to security holders annually as per the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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