TMI BlogAmendment to the Listing AgreementX X X X Extracts X X X X X X X X Extracts X X X X ..... /Managing Director of all the Stock Exchanges Dear Sir/Madam, Amendment to the Listing Agreement In order to enhance the level of disclosure by the listed companies in the light of new Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI), the Accounting Standards Committee (ASC) of SEBI, has recommended certain amendments to the Listing ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... c. Consolidated Financial Results: Companies shall have the option to publish consolidated quarterly financial results in addition to the un-audited quarterly financial results of the parent company as currently required under the Clause 41 of the Listing Agreement. d. Clarification regarding format of annual results: A specific clarification shall be given in the Clause ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nerally accepted auditing standards, the objective of which is the expression of an opinion SECURITIES AND EXCHANGE BOARD OF INDIA SECONDARY MARKET DEPARTMENT Mittal Court, A Wing, Gr. Floor, 224, Nariman Point, Mumbai 400 021 regarding the financial statements taken as a whole. Accordingly, we do not express an opinion. Based on our review conducted as above, nothing has come to our not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dated Financial Statements audited by the statutory auditors of the company with the stock exchanges shall be mandatory. b. Related Party Disclosures: Companies shall be required to make disclosures in compliance with the Accounting Standard on Related Party Disclosures in the annual reports. 3. Compliance with Accounting Standards: A new clause shall b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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