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SEBI Tightens Disclosure Norms for Municipal Bonds - (14 Nov 2019)

CAPITAL MARKET

Securities and Exchange Board of India has prescribed wider disclosures and compliances norms by the issuers of listed municipal bonds. SEBI has said in a Circular issued that such listed entities should prepare and submit half yearly unaudited financial results to the stock exchanges within 45 days of the end of the first half of the year, and will submit the annual audited financial results, within sixty days from the end of the financial year along with the audited report.

Tags : SEBI   MUNICIPAL BONDS  

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