NSE clarifies on the Path of filing of disclosures related to Corporate Action on NEAPS Portal

The National Stock Exchange of India (NSE) has clarified on the path of filing of disclosures related to corporate action on NSE’s Electronic Application Processing System (NEAPS) Portal. A circular to this effect was published on 21nd March, 2023.

NSE has observed that certain listed entities are uploading the disclosure of corporate action in announcements under subjects like Outcome of the Board /Shareholder Meeting, etc. These corporate actions include Record Date or Book Closure dates for Dividend, Annual General Meeting, etc.

Listed entities are requested to ensure that the intimation regarding any corporate action is separately intimated to the Exchange. A separate tab for Corporate Actions is available on the NEAPS Portal. Thus, all intimation regarding Record Date or Book Closure Dates for any Corporate Action is to be filed separately under this tab.

Non-intimation of Record Date or Book Closure Dates separately may result in the Exchange not taking the same on record and listed entities will be responsible for subsequent consequences. It is reiterated that the Exchange will take cognizance of only those disclosures which are filed under relevant path as specified above using NEAPS.

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