For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

SEBI Gives Companies Additional Time To File Q4 And Annual Results

By Staff
|

On Wednesday, the Securities and Exchange Board of India (SEBI) further eased compliance requirements for listed companies affected due to adverse impact of coronavirus pandemic by extending the deadline for submitting their fourth-quarter as well as annual results to 31 July.

SEBI Gives Companies Additional Time To File Q4 And Annual Results
 

Earlier, the deadline to submit the financial results was 30 June. The development comes after Sebi received representations from listed entities, chartered accountant firms, and industry bodies, seeking further extension of time for filing of financial results for the quarter /half-year/financial year ended 31 March 2020.

The entities cited many reasons to seek the extension like the continuing lockdown, subsidiaries and associates situated in containment zones facing challenges in the audit process and other operational issues due to the pandemic.

Consequently, the regulator has decided to further extend the timeline for submission of financial results by a month to 31 July 2020, for the quarter and the year ended 31 March 2020, SEBI said in a circular.

Normally, listed companies are required to file their annual results within 60 days from the end of a financial year, while in the case of quarterly results, firms are required to file it within 45 days from the end of a quarter.

Similarly, the timeline for submission of half yearly and annual financial results for the period ended 31 March for entities that have listed non-convertible debentures, non convertible redeemable preference shares and commercial papers has also been extended to 31 July.

Read more about: sebi q4
Story first published: Wednesday, June 24, 2020, 16:25 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more