Corporate Updates – 07-02-2017


SEBI has prescribed Integrated Reporting by Listed Entities through which it has mandated the requirement of submission of Business Responsibility Report (‘BRR’) for top 500 listed entities under Regulation 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("SEBI LODR"). Integrated Reporting may be adopted on a voluntary basis from the financial year 2017-18 by top 500 companies which are required to prepare BRR. The information related to Integrated Reporting may be provided in the annual report separately or by incorporating in Management Discussion & Analysis or by preparing a separate report (annual report prepared as per IR framework). As a green initiative, the companies may host the Integrated Report on their website and provide appropriate reference to the same in their Annual Report.


RBI through its press release stated that RBI will shortly issue 100 denomination banknotes in the Mahatma Gandhi Series-2005, with the inset letter ‘R’ in both the number panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing ‘2017’ printed on the reverse of the banknote. All the banknotes in the denomination of 100 issued by the Bank in the past will continue to be legal tender.

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