TMI BlogAmendment to the Listing AgreementX X X X Extracts X X X X X X X X Extracts X X X X ..... Amendment to Clause 41 of the Listing Agreement - Quarterly un-audited financial results: A. Alternative format for un-audited financial results: The manufacturing and trading/service companies which have followed functional (secondary) classification of expenditure in the annual profit and loss account in their most recent annual report may furnish un-audited financial results on a quarterly basis in the alternative format enclosed at Annexure I. B. Qualifications in Audit Reports: Companies shall be required to disclose the audit qualifications along with the audited financial results published under Clause 41 of the Listing Agreement in addition to the explanatory statement as to how audit qualific ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar has commenced before April 01, 2001, cumulative segment information shall be given for the period commencing from July 01, 2001 (i.e. from July 01, 2001 to the end of the current quarter) in addition to the segment information for the current quarter. The Exchanges are advised to take note of the above clarifications regarding disclosure of segment information prescribed under Clause 41 of the Listing Agreement and ensure compliance by companies. Yours faithfully, S RAVINDRAN General Manager Secondary Market Department Encl : as above Annexure I Alternative format of unaudited financial results for manufacturing and trading/service compan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a. Increase/decre-ase in stock in trade b. Consumption of raw materials c. Other expenditure 3. Gross profit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 11. Profit (+)/Loss(-) before tax 12. Provision for taxation 13. Net Profit (+)/Loss (-) 14. Paid-up equity share capital ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cate by way of note total expenditure incurred on i. Staff Cost ii. Any item of expenditure which exceeds 10% of the total expenditure. This information shall be given in respect of all the periods included at the above statement. a. Any event or transaction that is material to an understanding of the results for the quarter including completion of expansion and diversification programes, strikes, lock-outs, change in management, change in capital structure etc., shall be disclosed. Similar material event or transactions subsequent to the end of the quarter, the effect whereof is not reflected in the results for the quarter shall also be disclosed. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... qualification by the Auditors, in respect of the Audited Accounts of the previous accounting year which has a material impact on the profit disclosed in such accounts, then the company shall disclose the same along with the unaudited quarterly results and give explanation as to how such qualifications has been addressed in the unaudited financial results. c. If the company is yet to commence commercial production, then instead of the quarterly results, the company should give particulars of the status of the project, its implementation and the expected date of commissioning of the project. d. The unaudited results sent to Stock Exchange/s and published in newspapers should be based on the same ..... X X X X Extracts X X X X X X X X Extracts X X X X
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