Topics In Demand
Notification
New

No notification found.

Blog
Request for inputs: SEBI Consultation Report on disclosures pertaining to Analyst meets, investors meet and conference calls

December 7, 2020

161

0

Disclosure of accurate information are critical for investment decisions of the investors. Regulatory framework of SEBI already provides for disclosure of adequate and timely information to enable investors to track the performance of a listed entity.

Institutional investors meet or conference call with analysts/ shareholders is a means of communication with shareholders and sharing of information. However, it is noticed that while many listed companies disclose the occurrence of institutional investors meet or conference call with analysts, they do not divulge the details of what transpired in such meetings. Minority shareholders, who do not attend these meetings, are not privy to the information shared with a select group of investors, thereby creating information asymmetry among different classes of shareholders.

Hence, SEBI has recently released a report on recommendations that could be included under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These suggestions pertain to making available audio/video recordings on the website of listed entity and respective stock exchanges along with written transcripts, provide number of one-to-one meetings with select investors as part of corporate governance report, etc.

In this regard, we would request you to send your inputs/ views on the proposed suggestions amendments before December 15, 2020 to tejasvi@nasscom.in in the following format:

 

S.No.Recommendation in the report to which the comment pertainsComment Rationale for the commentRevisions to recommendations, if any (Please provide revisions to amendments as well, if possible)
     
     

Copy of the report is attached for your reference.


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


Download Attachment

31339-1605853267317.pdf

Tejasvi

© Copyright nasscom. All Rights Reserved.