New Delhi, Aug 28: The Securities and Exchange Board of India (Sebi) has expressed concern that many corporate disclosures to stock exchanges lack clarity and often “leave room for imagination”.
 

Speaking at a conference in the national capital, the Chief General Manager of Sebi’s Corporation Finance Department (CFD) underscored the importance of ensuring that disclosures are not only made frequently but also presented in a fair and easily understandable manner for investors.
 

He also highlighted the possibility of reviewing the time frame for certain disclosures, which are currently mandated on a quarterly basis, to enhance transparency and timely dissemination of information.
 

Under Sebi regulations, listed entities are required to make timely disclosures to safeguard the interests of all shareholders, particularly minority investors. However, the official noted that several disclosures continue to lack adequate clarity, thereby affecting investor confidence.