Listed companies will be able to release their June quarterly results by September 15: SEBI

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(Commercial Representative) Mumbai, Ta. Wednesday, July 29, 2020

The Securities and Exchange Board of India (SEBI), the regulator of the capital market, has decided to extend the deadline for various market participants and corporates to comply with their compliance in the wake of the Corona epidemic. The deadline for companies to submit quarterly results for the end of June 2020 has been extended to September 15, 2020.

Companies listed in one of the various circulars issued by SEBI today will now be able to present their financial results for the quarter ending June 2020 till September 15, 2020. SEBI had made several representations in this regard. With this in mind, the quarterly and half-yearly results completed on June 30, 2020 can now be released till September 15, 2020. Listed companies are usually required to submit quarterly or half-yearly results as on June 30, 2020, or on or before August 15, 2020. Generally, listed companies are required to file their annual results within 30 days from the end of the financial year. In case of quarterly results, it is necessary to file the result within 3 days from the end of the quarter.

SEBI had in June extended the deadline for the fourth quarter as well as the annual result to July 31, 2020. Earlier, the deadline was June 30.

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