Regulation 47(1)(b) of the listing agreement is a crucial aspect of corporate compliance that every listed company in India must adhere to. It is a regulatory requirement that mandates companies to disclose their financial results and other crucial information to their shareholders and the public in a timely and transparent manner.

As per Regulation 47(1)(b), all listed companies are required to publish their financial results in at least one English language and one regional language newspaper. The results must be published within 48 hours of the board meeting that approved the results.

This regulation ensures that shareholders and stakeholders are kept informed about the company`s performance, which can impact their investment decisions. It also promotes accountability and transparency, which are essential for a healthy corporate culture.

Additionally, Regulation 47(1)(b) also mandates companies to disclose other crucial information such as notices of board meetings, resolutions, and other important decisions to the stock exchanges where they are listed, and also publish the same on the company`s website.

The regulation also specifies the format in which the financial results should be published, ensuring uniformity across all listed companies. The format helps investors and stakeholders to compare and understand financial results easily.

In conclusion, Regulation 47(1)(b) of the listing agreement is a critical aspect of corporate compliance that ensures transparency, accountability and promotes a healthy corporate culture. Companies should make sure to comply with this regulation to maintain their credibility and investor trust.

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