In keeping with BSE’s policy of adopting state-of-the-art technologies and using them to provide its users and customers a more enriching and satisfying experience, BSE became the first stock exchange in India to introduce and implement XBRL based reporting for Shareholding Pattern w.e.f. 11th June, 2015.
This is one more step by BSE towards a greener world in addition to its initiatives of launching BSE Carbonex and BSE Greenex – two indices aimed at promoting green initiatives by companies.
Companies that would be using XBRL would be adopting global reporting standards that would make reporting easier, faster and more accurate. Till date 1062 companies have adopted the XBRL based reporting for shareholding pattern while submitting the same for quarter ending June, 2015.
– itnbureau@gmail.com
