SEBI Update: Filing of investor grievances in XBRL format

✓ This is with respect to reference to Regulation 13(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, wherein the listed entities are required to file with the recognized stock exchange(s) on a quarterly basis, within twenty one days from the end of each quarter, a statement giving the number of investor complaints

pending at the beginning of the quarter, those received during the quarter, disposed of during the quarter and those remaining unresolved at the end of the quarter.

✓ NSE: has, vide circular dated April 11, 2022, introduced an offline utility for XBRL filling under Regulation 13(3) of SEBI (LODR) Regulations, 2015.

✓ The Excel Utility for filing the Investor Grievance Report in the prescribed format in XBRL.

✓ NSE further clarified that filings in respect of Investor Grievance Report [Regulation 13(3)] by all listed companies shall be in XBRL mode only. The exchange will take cognizance of only those disclosures which are filed under relevant path as specified above using NSE’s Electronic Application Processing System (NEAPS).

✓ BSE: has also clarified that filings of statement of redressal of investor grievance under (Regulation 13 (3)) should be done by all listed companies, in XBRL mode only.

✓ The Excel Utility for filing the statement of redressal of investor grievance in the prescribed Format in the XBRL mode has been made available in XBRL section of the Listing Centre.

✓ Companies which have already submitted the disclosure through BSE listing entre (i.e. webform) till date may please follow the process mentioned in the circular from next quarter onwards.

✓ In case of any query drop mail to bse.xbrl@bseindia.com or call the Helpdesk on toll free number 1800 233 0445.

✓ To read, BSE Circular please click here.