Saturday, April 2, 2011
SEBI tells listed cos to run updated websites from tomorrow
SEBI tells listed cos to run updated websites from tomorrowHaving a website with up-to-date information at any given point of time will become mandatory for all the listed companies with effect from tomorrow -- a move aimed at providing investors with easy access to information. A notification by market regulator Sebi, which makes it mandatory for listed companies to have a functional website with latest details of various investor-sensitive information about them, will come into effect from April 1. The websites would require to have updated information about the company's basic business and financial details, shareholding pattern, corporate governance, contact details, as also information about any agreements with media companies.
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it is true coz it will give more public awareness and transparancy to the company but is it possible practically or to put it otherway whether a listed company is ready to disclose everything to the public?
ReplyDeletewat u ppl think as a layman and a company secretary