API-Based Integrated Filing System Extended to Integrated Filing (governance) - MMJC

Existing Provisions

Listed entities were required to file disclosures separately on multiple stock exchanges. The existing system necessitated multiple submissions, leading to inefficiencies and potential discrepancies in reporting. By Exchange notice No. 20240930-60 dt.: September 30, 2024[1], API based Singlefiling system was introduced. Further, by notice no. 20250228-37 dt.: February 28, 2025[2] an update to the API based system was notified.

What Has Changed?

With effect from March 1, 2025, the single filing system through API-based integration has been extended to include Integrated Filing (Governance). This means that listed companies can now submit required disclosures, such as Investor Grievance Reports, Corporate Governance Reports, Share Capital Audit Reports, and Meeting & Voting results, in a unified manner across exchanges, reducing redundancy and improving compliance efficiency.

Exchange-Specific Queries

If any stock exchange raises a query or requests clarification after a filing, the listed entity must respond to the specific exchange that raised the concern, as explicitly mentioned in the official circular.

Effective Date The API-based Integrated Filing for Governance will be effective from March 1, 2025. Furthermore, compliance for Integrated Filing Governance will be applicable on a quarterly and annual basis starting after March 2025.

[1] https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20240930-60

[2] https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20250228-37