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Event bearing material impact on financials of a listed company to be disclosed immediately - SAT Orders

September 13, 2019[2019] 109 taxmann.com 151 (Article)
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Timely disclosure of material events is one of the key to corporate governance in listed companies. Clause 36 of the erstwhile Listing Agreement and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) mandates listed companies to intimate material event to the stock exchange immediately.
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