13 May 2010
in terms of new guidelines issued by sebi, what are the time available to listed public companies for mar quarter audited or unaudited results. If unaudited then what is the time for audited thereafter.
14 May 2010
As per amended Clause 41(I)(c),(d)(e) and 41(VI)(b) refer following changes: (i)listed entities shall disclose, on standalone or consolidated basis, their quarterly (audited or un-audited with limited review), financial results within 45 days of the end of every quarter.
(ii) Also, audited annual results on stand-alone as well as consolidated basis, shall be disclosed within 60 days from the end of the financial year for those entities which opt to submit their annual audited results in lieu of the last quarter unaudited financial results with limited review.
(iii) With regard to publication of consolidated financial results alone, the following, viz.,(a) Turnover (b) Profit before tax and (c) Profit after tax on a stand-alone basis shall also be published.
14 May 2010
Mam, I want further clarification on subject, like if one company opts for unaudited financial results for mar quarter, then by which time audited results are required
CAclubindia
