The Ministry of Finance vide its notification dated 12th March 2021 has published the Securities and Exchange Board of India (Annual Report) Rules, 2021 which has notified the new format of Annual Report.
The Board shall submit the report to the Central Government giving a true and full account of its activities, policies, and programs during the previous financial year and it shall be submitted within ninety days after the end of each financial year.
The new format will have four main parts with addition for income and expenditure, which at present are released separately by the regulator.
The new format will also have a review of financial markets which includes the analysis of the economic and investment environment in India along with comparison with developed and peer countries and potential risk factors; stress factors indicated through market signals etc .
