Steps taken by exchanges for standardising the input of the critical data pertaining to compliance by listed entities. Listed entities are required to submit periodical compliance filings to Stock Exchanges within the prescribed timelines as laid down in SEBI Listing Regulations and accordingly, they were mandated to report XBRL based filings for financials from 2015 onwards.
Under the aegis of SEBI Market Data Advisory committee (MDAC) constituted to recommend policy measures in areas such as securities market data standardization, access and privacy, it was deliberated that XBRL would be implemented for all corporate filings.
Accordingly, Stock Exchanges have implemented new XBRL based compliance filing mechanism featuring identical and homogenous compliance data structures which will not only for companies ease the compliance burden on listed entities but would also enable analytics on the data submitted by the listed entities.
The following XBRL based filings for Equity/ Debt/ REIT/InVIT have been released by both the Exchanges to facilitate the input of the critical clauses of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 under the guidance of MDAC:-
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