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Sebi eases format of accounting standard applicability

New format to apply to firms that have listed their debt securities and non-cumulative redeemable preference shares on exchanges

BS Reporter  |  Mumbai 

In a bid to facilitate smooth transition, capital markets regulator Securities and Exchange Board of India (Sebi) has issued a revised format for publishing financial accounts in compliance with Ind AS, the accounting standards.

The new format will be applicable on all those companies which have listed their debt securities and non-cumulative redeemable preference shares on the exchanges, for disclosing financial results. "The existing formats for disclosure of half yearly and annual financial results, shall continue till the period ending on or before December 31," Sebi ...

First Published: Wed, August 10 2016. 19:32 IST
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