SEBI unveils format for secretarial audit report and compliance report for listed Cos.
SEBI has prescribed format for annual secretarial audit and compliance report for listed Cos. and their material subsidiaries. In order to avoid duplication, the listed entities and their unlisted material subsidiaries shall continue to sue the Form No. MR-3 as required under the Companies Act, 2013 for the purpose of compliance of 24A of SEBI LODR as well. Compliance report shall have to be submitted by listed entity to stock exchange within 60 days of end of Financial Year.