Fourth Quarter 45th Additional Time to Submit Financial Statement | Quarterly Budget

New Delhi:

As the coronavirus intensified, the Stock Exchange Control Board (SEBI) gave companies an additional seven days to submit quarterly reports for the current fiscal year. Also, an additional 30 days is given for filing the full report.

The fourth quarter of the current fiscal year will end on March 1st. Companies must disclose their quarterly financial statements within 45 days of the end of the quarter. The fourth quarterly report for the current fiscal year should be published on May 15th. But now the coroner virus is spreading so fast. Avoiding gathering people. In view of this, the SEBI has given them extra time to issue their statements. Accordingly, the company submitted its fourth quarter report by June 30, which is sufficient.

Steve Austin

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