Guidance Framework Soon For Companies To Make Right Disclosures: BSE


"We (exchanges) are now working on a new framework to give them a guidance on what is price sensitive information or material details that the listed companies are required to share with the investors through the exchange platform and what could be the additional information.

"This will ensure that there is no ambiguity in the minds of the companies' management and their company secretaries that these are the information and other details that they should provide," Chauhan said.

"Exchanges have been empowered a lot in recent times in their role as front-line regulators," he said.

When asked how to assure the investors about better regulations, while also ensuring that the companies do not feel overburdened by new regulations, Chauhan said, "There is always a very thin line between over-regulations and the right regulations. However, the new framework is such that if you are able to take care of minority shareholders' interest, more and more investors are going to come in.

"It's not only foreign investors, but Indian investors would also be more willing to come in if their rights are taken care of. There is a huge scope for expanding the domestic investment horizon in India itself," he said.

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Source: PTI