Filings by Listed Companies to be Mandatorily in Machine Readable Format

Apr 06, 2018 | by Avantis RegTech Legal Research Team

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The Bombay Stock Exchange (BSE), vide a Circular dated April 3, 2018, has stated that Listed Entities are required to submit PDF documents in Machine Readable or Searchable format only. If the PDF document submitted is not in Machine Readable or Searchable format, the document would not be accepted. BSE has put in place validations (in beta mode) at the filing stage itself in the Listing Centre to verify whether the PDF document / filing submitted is in Machine Readable / Searchable format only.
This Circular has been issued in furtherance of a previous Circular with regards to submission of PDF documents/filings in Machine Readable / Searchable format.

Further, in order to assist companies in filing PDF documents / filings in machine readable format, BSE has posted a Help Manual in the Listing centre, that details how companies can convert non-machine readable/searchable PDF files to readable / searchable files as required by Securities and Exchange Board of India (SEBI).

All the Listed companies are required to take note that the above validations will be in effect from April 5, 2018 and accordingly, only machine readable / searchable PDF submissions would be accepted from that date onwards. It is further clarified that this would have no effect on the submissions that are required to be filed in XBRL by the companies.

[Circular LIST/COMP/01/2018-19]



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