Every website of a listed Company must contain statutory disclosures in terms of listing regulations. In light of this, list out the various information/policies which should be disseminated through the Company's website

CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · December 2021
Every website of a listed Company must contain statutory disclosures in terms of listing regulations. In light of this, list out the various information/policies which should be disseminated through the Company's website.

Answer & Explanation:

The website of a Company assumes great importance as it is medium of information about the Company. The managements are conscious regarding the contents provided in websites of the Companies as it is a true reflection of a company's philosophy, business, history, background etc. Information dissemination through website assumes significance particularly in respect of listed companies as companies are under obligation to comply with various requirements as far as contents of the website is concerned. Various regulations prescribe certain requirements of disclosure on website. Every website of a listed company must contain statutory disclosures in terms of listing regulations which are enumerated as follows: Financial Information Each company shall upload unaudited financial results for each quarter of the financial year and also the audited financial results for the financial year for past 3 years. Annual accounts of the subsidiary companies are also required to be uploaded. Annual reports of the company for past 3 financial years also are required to be uploaded. Policies Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 states that listed entity shall also maintain functional website. Listed Companies shall disclose certain management policies on the website of the company such as: Code of conduct for Board of Directors & Senior Management Code of conduct in terms of Insider Trading Regulations Code of practices & procedures for fair disclosures of unpublished price sensitive information Composition of various committees & Board Appointment letters to Independent Directors. Familiarization programme for Independent Directors. Whistle Blower Policy. Policy related to disclosure of material events to the stock exchanges (Materiality Policy). Policy on Related Party Transaction. Material subsidiary policy. Risk Management Policy. Archival Policy. Policy for disclosure of material information. Internal Financial Control. Shareholding pattern. Dividend Policy (Top 1000 Companies with reference to Market Capitalisation). Policy against sexual harassment. Other Information Details of unclaimed dividend. Scrutinizers Report for the latest financial year. Details of compulsory transfer of shares to Investor Education and Protection Fund (IEPF) Suspense Account.

Topics: Listing Regulations

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