Explain the following: Statutory disclosures on a company website in terms of Listing Regulations.
CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · December 2020
Explain the following: Statutory disclosures on a company website in terms of Listing Regulations.
Answer & Explanation:
This covers many Regulations under SEBI (LODR) Regulations, 2015 and therefore all such points if mentioned than marks may be given. Regulation 46 specifically states which information shall be uploaded on the website of the company points mentioned there if written by the student the same shall be considered and marks may be awarded. 1. 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 company for past 3 financial years also are required to be uploaded. 2. Shareholding Pattern 3. Policies: Listed companies shall disclose certain management policies on website of company such as: Code of conduct for board of directors and senior management. Code of conduct in terms of insider trading regulations. Code of practices and procedures for fair disclosure of unpublished price sensitive information. Appointment letters to independent directors. Familiarization program for independent directors. Whistle blower policy. Policy of related party transaction. Material subsidiary policy. Materiality Policy for determination of material and price sensitive information Risk Management policy. Archival policy. Policy for disclosure of material information. Internal financial control Dividend Policy Policy against sexual harassment
Topics: SEBI (LODR) Regulations, 2015
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