More than 1,000 listed companies file June quarter numbers in September

Some believe the Sebi should now revert to the original deadlines as such leeways keeps investors in the dark

More than 1,000 listed companies disclosed their financial numbers for the quarter ended June this month, taking benefit of the relaxation given by the market regulator.    

In July, the Securities and Exchange Board of India (Sebi) allowed companies an extra month for their June-quarter result filings due to the disruptions caused by the Covid-19 pandemic and subsequent lockdowns to control the spread. Under normal circumstances, a listed company has to declare its quarterly numbers within 45 days. As a result, the deadline for filing June quarter results ends on August 15.

However, only 1,538 companies out of the 4,000-odd