TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Requires Listed Companies to Disclose Loan Defaults Within One Day to Improve Investor Transparency.</h1> The circular issued by SEBI mandates listed entities to disclose defaults on interest or principal repayments on loans from banks, financial institutions, and debt securities. It addresses the information gap for investors, particularly concerning loans from the banking sector, which is under stress due to non-performing assets. Applicable to entities with specified securities, non-convertible debt, and redeemable preference shares, disclosures must be made within one working day of default. Detailed information on the default must be provided, including the nature of the obligation, lender details, and amounts involved. The circular takes effect from October 1, 2017, to ensure timely and accurate disclosures.
TaxTMI 
TaxTMI 
