Audit report submission requirement mandates quarterly filings by listed companies and obliges exchanges to monitor compliance and report. Listed companies must submit audit reports under Regulation 55A on a quarterly basis within the prescribed post quarter timeline; submission is a continuous compliance obligation. Stock exchanges must notify companies of the requirement, implement systems to monitor compliance, warn that failures will attract regulatory and adjudicatory action, and submit consolidated status reports on compliance within the prescribed period after each quarter, as well as report implementation status in regular development reports.
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Audit report submission requirement mandates quarterly filings by listed companies and obliges exchanges to monitor compliance and report.
Listed companies must submit audit reports under Regulation 55A on a quarterly basis within the prescribed post quarter timeline; submission is a continuous compliance obligation. Stock exchanges must notify companies of the requirement, implement systems to monitor compliance, warn that failures will attract regulatory and adjudicatory action, and submit consolidated status reports on compliance within the prescribed period after each quarter, as well as report implementation status in regular development reports.
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