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A welcome step towards standardisation of disclosure of Key Performance Indicators

Submitted by yvonne on Tue, 03/18/2025 - 14:24

While the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 stipulated the requirements for disclosure and certification of Key Performance Indicators (KPIs), there was high disparity in the manner of disclosure of KPIs in the draft offer documents and offer documents (Offer Documents) of issuer companies within the same industry.

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