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<h1>SEBI Mandates Change to Clause 41 of Listing Agreement: Replace 'Misstatement' with 'Material Misstatement' in Review Reports.</h1> The Securities and Exchange Board of India (SEBI) issued a circular to all stock exchanges, mandating an amendment to Clause 41 of the Listing Agreement. This amendment involves modifying the wording in the review report format by replacing 'misstatement' with 'material misstatement.' The revised paragraph should now state that the review found no indication of undisclosed required information or any material misstatement in the unaudited financial results. Stock exchanges are instructed to implement this change immediately and confirm compliance.