Mumbai: The SEBI has unveiled a new reporting format for disclosing financial results for companies other than banks.
The new format follows a February notification from the Ministry of Corporate Affairs.
The notification incorporates changes in listing agreement regarding disclosure of interim financial results by listed companies.
Companies have to file their income statement and balance sheet in this format starting FY12.
Companies filing consolidated results have to include details of profit / loss of associates and minority interest. They have to provide separate details on promoter/ promoter group shares pledged.
In their balance sheets, companies now have to provide details of money received against share warrants under shareholder's funds.
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
Total Pageviews
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment