Ref. LIST/COMP/35/2020-21
SEBI vide its Circular CIR/CFD/CMD1/162/2019 dated December 24, 2019 has prescribed the format on Statement of Deviation or Variation for proceeds of public issue, rights issue, preferential issue, Qualified Institutions Placement (QIP) etc. With a view to making the disclosure more accurate and efficient, the Exchange has introduced facility of filing of Statement of Deviation or Variation in XBRL mode under Regulation 32 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 with immediate effect.
The disclosure to the Stock Exchange(s) shall be made by listed entities on quarterly basis along with the declaration of financial results (within 45 days of end of each quarter / 60 days from the end of the last quarter of the financial year) until such funds are fully utilized or the purpose for which these proceeds were raised has been achieved.
Accordingly, it has been decided that filings in respect of Statement of Deviation or Variation (Regulation 32) should be filed by all listed companies, through XBRL mode in addition to the filing in PDF mode.
Please note that the listed companies are required to submit Statement of Deviation or Variation in PDF mode along with the submission of Financial results in PDF mode and Statement of Deviation or Variation in XBRL mode shall be submitted along with the submission of the Financial results in XBRL mode.
All listed entities are urged to cooperate in this initiative and help us to make the filing process with the Exchange easier, more convenient and faster.
As stated earlier, BSE has provided an online real-time Helpdesk to assist Users with their XBRL filings – they may email queries if any to bse.xbrl@bseindia.com or call the Helpdesk on toll free number 1800 233 0445.
Thank you
Abhijit Pai Shyam Bhagirath
Dy. General Manager Manager
Listing Compliance
July 21, 2020