Information
About EDIFAR
EDIFAR is the
Electronic Data Information Filing And Retrieval system. This is an automated
system for filing, retrieval and dissemination of time sensitive corporate
information which till now were being filed physically by the listed companies
with the stock exchanges in India. By centralising the information through
on-line filing, EDIFAR’s primary objective is to centralise the information and
accelerate its dissemination and by doing so enhance the transparency and
efficiency for the benefit of all the stakeholders in the securities market.
The EDIFAR has
been launched by SEBI in collaboration with the National Informatics Centre
(NIC) and the EDIFAR site can be accessed through a hyper link in SEBI’s web
site www.sebi.gov.in. The site is maintained by NIC.
EDIFAR is being
implemented in a phased manner. As of date, all the listed companies are
required to file disclosure statements and other information with the stock
exchanges where they are listed. The stock exchanges disseminate this
information through trading terminals, their website etc.
In the first phase, a select list of such
disclosure statements
viz. financial
statements comprising of balance sheet, profit and loss account and full
version of annual report; half yearly financial statements including cash flow
statements and quarterly financial statements
Corporate governance
reports
Shareholding
pattern statement
Action taken
against any company by any regulatory agency
will be filed
electronically by about 200 companies included in the BSE Sensex, S&P CNX
Nifty and BSE-200 indices. For period ending September 2002, December 2002, March 2003, June 2003 and
September 2003, 2345 more companies are included thus enabling 2545
companies to electronically file the
documents. These companies will also continue to file this information in the
physical form with the stock exchanges. Gradually the physical filling will be
discontinued and both he number of companies as well as the disclosure
statements will be expanded to cover all the actively traded companies for all
the disclosure statements. All physical filing would then be discontinued.
The procedure for filing and retrieval of
information is described in the Operations Manual available on the site.