March 3, 2017 11:57 PM

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BSE sets up new corporate announcement filing system<br/>

Bombay Stock Exchange has set up a new Corporate Announcement Filing System – CAFS to provide timely and accurate information on listed companies. In a press release issued from Mumbai today, BSE has said that the move will enable seamless dissemination of corporate announcements without pre-verification by the exchange and eliminate any time gap for price sensitive information to reach investors. The Exchange, has however clarified that it would carry out the mandated verification checks for adequacy and accuracy post dissemination of information on its website. In the first phase made operational since 1st of March, corporate announcements related to 16 categories including financial results, change in directorate, postal ballot, outcome of board meeting, change in credit rating, among others are available under the CAFS system.However, certain filings like shareholding pattern, corporate governance report and voting results would not be available.

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