The Bombay Stock Exchange issued Circular no. LIST/COMP/40/2018-19 Dated 08.02.2019 on Filing of Annual Reports in XBRL Mode for Listed Companies. In continuation to the Circulars to the Companies dated November 30, 2015, March 11, 2016 and March 16, 2016 with regards to mandatory filing of information with the Exchange in electronic mode, the Exchange has introduced facility of filing of Annual Report in XBRL mode under Regulation 34 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – the facility is available now in Listing Centre.

In order to enable ease of business and make filing easier, BSE has adopted the XBRL taxonomy issued by the Ministry of Corporate Affairs, Government of India, for submission of Financial Statements in XBRL mode. All the listed entities can submit to the Exchange, the Annual Report prepared using the XBRL taxonomy of Ministry of Corporate Affairs, itself. Filings in respect of Annual Report have to be filed by all listed entities in XBRL mode in addition to the currently used PDF mode mandatorily, for periods ending 31st March, 2019.

Full Text of the Circular is as follows:-

Circulars to Listed Companies

LIST/COMP/40/2018-19

Dated: February 08, 2019

Dear Sir/Madam,

Sub: FILING OF ANNUAL REPORTS IN XBRL MODE

In continuation to the Circulars to the Companies dated November 30, 2015, March 11, 2016 and March 16, 2016 with regards to mandatory filing of information with the Exchange in electronic mode, the Exchange has introduced facility of filing of Annual Report in XBRL mode under Regulation 34 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – the facility is available now in Listing Centre.

In order to enable ease of business and make filing easier, BSE has adopted the XBRL taxonomy issued by the Ministry of Corporate Affairs, Government of India, for submission of Financial Statements in XBRL mode. All the listed entities can submit to the Exchange, the Annual Report prepared using the XBRL taxonomy of Ministry of Corporate Affairs, itself.

Filings in respect of Annual Report has to be filed by all listed entities in XBRL mode in addition to the currently used PDF mode mandatorily, for periods ending March 31, 2019.

Listed entities may, if they so desire, file their Annual Report for FY 2017-18 also in XBRL on the BSE Listing Centre to test the system and get the feel of ease of filing. All listed entities are urged to cooperate in this initiative and help us to make the filing process with the Exchange easier, more convenient and faster.

As stated earlier, BSE has provided an online real-time Helpdesk to assist Users with their XBRL filings – they may email queries if any to bse.xbrl@bseindia.com or call the Helpdesk on toll free number 1800 233 0445.

Thank you

Abhijit Pai                                                        Shyam Bhagirath

Dy. General Manager                                    Associate Manager

Listing Compliance

Tags:

Author Bio

More Under SEBI

Leave a Comment

Your email address will not be published. Required fields are marked *