Interim financial disclosure: half year results must be board approved, limited reviewed and filed with exchanges within two months. Companies must prepare half yearly results (first two quarters) in the prescribed proforma, obtain Board approval, and subject them to a Limited Review by auditors (or a Chartered Accountant for PSUs). The Limited Review report, in prescribed wording, must be filed with stock exchanges within two months of the half year. If the sum of the first and second quarterly unaudited results for any proforma item differs by 20% or more from the reviewed half year results, a board approved explanatory statement must accompany the Review Report. The proforma's capital disclosure is amended to require Paid Up Equity Share Capital with face value indicated.
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Provisions expressly mentioned in the judgment/order text.
Interim financial disclosure: half year results must be board approved, limited reviewed and filed with exchanges within two months.
Companies must prepare half yearly results (first two quarters) in the prescribed proforma, obtain Board approval, and subject them to a Limited Review by auditors (or a Chartered Accountant for PSUs). The Limited Review report, in prescribed wording, must be filed with stock exchanges within two months of the half year. If the sum of the first and second quarterly unaudited results for any proforma item differs by 20% or more from the reviewed half year results, a board approved explanatory statement must accompany the Review Report. The proforma's capital disclosure is amended to require Paid Up Equity Share Capital with face value indicated.
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