SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, A Wing, Gr. Floor,
224, Nariman Point, Mumbai 400 021
SMD/POLICY/CIR-18/99
July 01, 1999
To:
The Executive Director/President/Managing Director
of All the Stock Exchanges
Dear Sir,
Sub : Amendment to the Listing Agreement of the Stock Exchanges.
Please refer to our Circular No. SMD/POLICY/CIR-12/98 dated April 07, 1998, inter-alia advising the exchanges to amend the Listing Agreement to provide that in case a company prefers to give audited results instead of unaudited results for the last quarter of the financial year, then the company shall publish/submit the audited results within two months from the end of the last quarter of the financial year.
In order to ensure the quality of audit, it has been decided that in case a company prefers to give audited results instead of unaudited results for the last quarter of the financial year of the company, then the company shall publish/submit the audited results within three months instead of two months from the end of the last quarter of the financial year.
You are advised to amend the Listing Agreement, accordingly.
Yours faithfully,
M D PATEL
EXECUTIVE DIRECTOR
SECONDARY MARKET DEPARTMENT-II
