The Executive Directors/ Managing Directors,
All Stock Exchanges
 

Dear Sir/Madam,

EDIFAR is Electronic Data Information Filing and Retrieval system. This would involve electronic filing of information in a standard format by the companies. This system will have several benefits by way of dissemination of information to various classes of market participants like investors, regulatory organisation, research institutions etc., This would also be useful to the companies and the stock exchanges.

SEBI in association with National Informatics Center (NIC) has set up an Electronic Data Information Filing And Retrieval (EDIFAR) to facilitate filing of certain documents/statements by the listed companies on line on the web site to be maintained by NIC. This system is being introduced in a phased manner and would be applicable to 200 companies, a list of which is enclosed. Initially, the following statements/information would be filed on-line.

• Financial statements comprising of balance sheet, profit and loss account and full version of annual report; half yearly financial statements including cash flow statements and quarterly financial statements.
• Corporate governance reports
• Shareholding pattern statement.
• Action taken against the company by any regulatory agency.

Accordingly, you are advised to amend the listing agreement by incorporating Clause 51 as mentioned below and to immediately bring it to the notice of the companies to which it is applicable:

"Clause 51 : EDIFAR FILING

• Full version of annual report including the balance sheet, profit and loss account, director’s report and auditor’s report; cash flow statements; half yearly financial statements quarterly financial statements.
• Corporate governance report.
• Shareholding pattern statement.
• Statement of action taken against the company by any regulatory agency.
• Such other statement, information or report as may be specified by SEBI from time to time in this regard.

P. K. BINDLISH
 

Encl: As above