SEBI provides relaxations for Ind AS results published by companies that have listed debt securities
SEBI provides relaxations for Ind AS results
The Securities and Exchange Board of India (SEBI), on 10 August 2016, issued a circular (the SEBI Circular) (CIR/IMD/DF1/69/2016) prescribing formats for the disclosure of half-yearly and annual financial results by entities that have listed their debt securities and/or non-cumulative redeemable preference shares (listed companies).
The Securities and Exchange Board of India (SEBI), on 10 August 2016, issued a circular (the SEBI Circular) (CIR/IMD/DF1/69/2016) prescribing formats for the disclosure of half-yearly and annual financial results by entities that have listed their debt securities and/or non-cumulative redeemable preference shares (listed companies).
Further, in continuation of its efforts to facilitate smooth transition to Indian
Accounting Standards (Ind AS), the SEBI circular also provides certain
relaxations to these listed companies for the first half-year of adoption of
Ind AS.
This issue of IFRS Notes provides an overview of the prescribed formats and
relaxations provided for submission of Ind AS compliant financial results.
To access the text of the SEBI circular, please click here.
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