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<h1>SEBI Circular Requires Standardized Financial Reporting Formats for Listed Entities, Effective December 1, 2015, Enhancing Transparency.</h1> The circular issued by SEBI mandates standardized formats for listed entities to publish financial results, ensuring transparency and comparability across stock exchanges. It specifies distinct formats for different types of entities, including companies, banks, and those with multiple segments, with detailed annexures outlining the presentation of financial data. The circular also prescribes formats for audit and review reports, segment reporting, and newspaper publications. Compliance with applicable accounting standards and regulations is emphasized, and the circular is effective from December 1, 2015, with stock exchanges required to disseminate this information to listed entities.