BSE Listing Agreement - Part - II
| Updated at | March 2010 |
Notes
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Indicate by way of note total expenditure incurred on
Staff Cost
Any item of expenditure which exceeds 10% of the total expenditure.
This information shall be given in respect of all the periods included at the above statement.
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Any event or transaction that is material to an understanding of the results for the quarter including completion of expansion and diversification programmes, strikes, lock-outs, change in management, change in capital structure etc, shall be disclosed. Similar material event or transactions subsequent to the end of the quarter, the effect whereof is not reflected in the results for the quarter shall also be disclosed.
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All material non-recurring/abnormal income/gain and expenditure/loss and effect of all changes in accounting practices affecting the profits materially must be disclosed separately.
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In case of companies whose revenues are subject to material seasonal variations, they shall disclose the seasonal nature of their activities and may also supplement their unaudited financial results with information for 12 month periods ended at the interim date (last day of the quarter) for the current and preceding years on a rolling basis.
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Company shall give the following information in respect of dividend paid or recommended for the year including interim dividends declared:
Amount of Dividend distributed or proposed distinguishing between different classes of shares and Dividend per share also indicating nominal value per share.
Where Dividend is paid or proposed pro-rata for shares allotted during the year, the date of allotment, number of shares allotted pro-rata amount of dividend per share and the aggregate amount of dividend paid or proposed on pro-rata basis.
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The effect of changes in composition of the company during the quarter, including business combinations, acquisitions or disposal of subsidiaries and long term investments, restructuring and discontinuing operations shall be disclosed.
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If there is any qualifications by the Auditors, in respect of the Audited Accounts of the previous accounting year which has a material impact on the profit disclosed in such accounts, then the company shall disclose the same along with the unaudited quarterly results and give explanation as to how such qualifications has been addressed in the unaudited financial results.
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If the company is yet to commence commercial production, then instead of the quarterly results, the company should give particulars of the status of the project, its implementation and the expected date of commissioning of the project.
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The un-audited results sent to Stock Exchange/s and published in newspapers should be based on the same set of accounting policies as those followed in the previous year. In case, there are changes in the accounting policies, the results of previous year will be recast as per the present accounting policies, to make it comparable with current year results.
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If the period of the Financial Year is more than 12 months and not exceeding 15 months there will be 5 Quarters and is more than 15 months but not exceeding 18 months there will be 6 Quarters and the financial results will be intimated to the Exchange and published in the News papers accordingly. Half yearly results which are required to be subjected to the "Limited Review" by the Auditors shall be prepared for the first two quarters where the Financial Year does not exceed 15 months and for the first two quarters and also separately for the third and fourth quarters where the Financial Year exceeds 15 months.
The format for declaration of Unaudited Quarterly Results for banks is as follows:
UNAUDITED QUARTERLY FINANCIAL RESULTS FOR THE THREE MONTHS ENDED............:
(Rs. In Lakhs)
Sr. No.
(1) 3 Months Ended
(2) Correspond-ing 3 Months in the Previous year
(3) Year To date Figures for current period
(4) Year to date Figures for the Previous year
(5) Previous Accounting Year
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Net Income from Sales / Services
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Cost of Sales / Servicesa. Increase / decrease in stock in tradeb. Consumption of raw materialsc. Other expenditure
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Gross Profit
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General Administrative Expenses
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Selling and Distribution Expenses
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Operating Profit before interest and depreciation
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Interest
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Depreciation
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Operating Profit after interest and depreciation
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Other Income
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Profit (+)/Loss(-) before tax
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Provision for taxation
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Net Profit (+)/Loss (-)
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Paid-up equity share capital
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Reserves excluding revaluation reserves (as per balance sheet) of previous accounting year to be given in column (5)
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Basic and diluted EPS for the period, for the year to date and for the previous year (not to be annualised)
17
Aggregate of non promoters shareholding* (applicable for half yearly results)* Number of shares* Percentage of shareholding
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Interest Earned
(a)+(b)+(c)+(d)
(a) Interest/discount on advances/bills
(b) Income on Investments
(c) Interest on balances With Reserve Bank of India and other inter bank funds
(d)Others
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Other Income
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TOTAL INCOME(1+2)
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Interest Expended
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Operating Expenses
(e) + (f)
(e) Payments to and provisions for employees
(f) Other operating expenses
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TOTAL EXPENDITURE
(3) +(4)(excluding Provisions and Contingencies)
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OPERATING PROFIT
(A-B)(Profit before Provisions and Contingencies)
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Other Provisions and Contingencies
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Provision for Taxes
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Net Profit (C-D-E)
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Paid-up equity share capital
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Reserves excluding revaluation reserves (as per balance sheet of previous accounting year)
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Analytical Ratios
Percentage of shares held by Government of India
Capital Adequacy Ratio
Earning per Share
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*Aggregate of Non-Promoter
Shareholding**
Number of Shares
Percentage of shareholding
The disclosure is applicable only for half yearly financial results ending on or after March 31, 2001. From the half year ending on or after March 31, 2002, the companies shall also be required to disclose the non-promoter shareholding at the end of the corresponding half year in the previous year and at the end of the previous accounting year.
Non Promoter Shareholding - as classified under category B in the Shareholding pattern in Clause 35 of the Listing Agreement.
Notes
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Any event or transaction that is material to an understanding of the results for the quarter including completion of expansion and diversification programs, strike, lock-outs, change in management, change in capital structure etc, shall be disclosed. Similar material event or transactions subsequent to the end of the quarter, the effect whereof is not reflected in the results for the quarter shall also be disclosed.
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All material non-recurring/abnormal income/gain and expenditure/loss and effect of all changes in accounting practices affecting the profits materially must be disclosed separately.
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Company shall give the following information in respect of dividend paid or recommended for the year including interim dividends declared:
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Amount of Dividend distributed or proposed distinguishing between different classes of shares and Dividend per share also indicating nominal value per share.
ii. Where Dividend is paid or proposed pro-rata for shares allotted during the year, the date of allotment, number of shares allotted pro-rata amount of dividend per share and the aggregate amount of dividend paid or proposed on pro-rata basis.
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The effect of changes in composition of the company during the quarter, including business combinations, acquisitions or disposal of subsidiaries and long term investments, restructuring and discontinuing operations shall be disclosed.
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If there is any qualifications by the Auditors, in respect of the Audited Accounts of the previous accounting year which has a material impact on the profit disclosed in such accounts, then the company shall disclose the same alongwith the unaudited quarterly results and give explanation as to how such qualifications has been addressed in the unaudited financial results.
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The unaudited results sent to Stock Exchange/s and published in newspapers should be based on the same set of accounting policies as those followed in the previous year. In case, there are changes in the accounting policies, the results of previous year will be recast as per the present accounting policies, to make it comparable with current year results.
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Half yearly results which are required to be subjected to the "Limited Review" by the auditors shall be prepared for the first two quarters.
If the period of the Financial Year is more than 12 months and not exceeding 15 months there will be 5 Quarters and is more than 15 months but not exceeding 18 months there will be 6 quarters and the financial results will be intimated to the Exchange and published in the News Papers accordingly. Half yearly results which are required to be subjected to the "Limited Review" by the Auditors shall be prepared for the first two quarters where the Financial Year does not exceed 15 months and for the first two quarters and also separately for the third and fourth quarters where the Financial Year exceeds 15 months.
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The Company agrees that it shall be a condition precedent for issuance of new securities that it shall deposit before the opening of subscription list and keep deposited with the Exchange (in cases where the securities are offered for subscription whether through a prospectus, letter of offer or otherwise) an amount calculated at the rate of 1% (one per cent) of the amount of securities offered for subscription to the public and/or to the holders of existing securities of the company, as the case may be for ensuring compliance by the company, within the prescribed or stipulated period, of all prevailing requirements of law and all prevailing listing requirements and conditions as mentioned in, and refundable or forfeitable in the manner stated in the Rules, Bye-laws and Regulations of the Exchange for the time being in force.
50% (fifty per cent) of the above mentioned security deposit should be paid to the Exchange...
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