The Securities and Exchange Board of India through circular dated 13th August, 2021 has issued the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2021. The names and registered office address of all the group companies shall be disclosed in the Offer Document by the entity issuing listed securities. The offer document shall refer the website where the details of the group companies shall be available.
The details of the top five group companies (based on market capitalization for listed/ based on turnover in case of unlisted) based on their audited statements for the preceding three years shall be hosted on the website. The following information shall be hosted:
- Reserves (excluding revaluation reserve);
- Sales;
- Profit after tax;
- Earnings per share;
- Diluted earnings per share; and
- Net asset value.
