The Importance of Digital Signatures in the Digital Age

In today’s digital world, it’s more important than ever to have a secure and efficient way to sign and verify documents. Digital signatures provide a solution to this need, allowing individuals and organizations to sign and verify documents electronically. In this blog, we’ll explore the benefits of Creating digital signatures and why they are becoming increasingly important in the digital age.

Security: Digital signatures use encryption and digital certificates to ensure the authenticity and integrity of a document. This means that once a document is signed, it cannot be altered or tampered with, providing a high level of security for sensitive information.

Convenience: Digital signatures eliminate the need for physical signatures and the need to send documents back and forth for signatures. This saves time and makes the process of signing and verifying documents much more efficient.

Compliance: In many industries, regulations require that certain types of documents be signed and verified. Digital signatures provide a secure and compliant way to meet these requirements, without the need for paper-based signatures.

Cost Savings: By eliminating the need for physical signatures and reducing the time and effort required to sign and verify documents, digital signatures can help organizations save money on printing, shipping, and other costs associated with paper-based signatures.

Environmentally Friendly: Digital signatures also have a positive impact on the environment, as they reduce the need for paper and printing, helping to reduce waste and conserve natural resources.

In conclusion, digital signatures are becoming increasingly important in the digital age, providing a secure, convenient, and compliant way to sign and verify documents. With the growing need for efficient and secure document management, digital signatures are an essential tool for organizations of all sizes. Whether you are a small business or a large corporation, consider implementing digital signatures as part of your document management strategy.

Filing of Announcements in XBRL format on BSE, NSE & MSEI

Circular By Stock Exchanges(BSE & NSE) – Filing of Announcements in XBRL Format on Stock Exchanges as per SEBI LODR

 

NOTICES
Notice No. 20230127-37 Notice Date 27 Jan 2023
Category Circulars Listed Companies Segment Equity
Subject Filing of announcements in XBRL format on BSE listing centre
Content

The Company Secretary 

All Listed Companies

With reference to the captioned subject various circulars were issued by Exchange(s) for seeking comments/feedback from listed companies on XBRL format(s) for certain type of announcements.

Facility for filings of disclosure for following announcements filed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) will be available in XBRL format with effect from January 28, 2023: (‘effective date’):

 

·         Disclosure under Regulation 29 of SEBI LODR:

         

Prior Intimation of the Board Meeting.

 

·         Disclosure under Regulation 30 of SEBI LODR:

Ø  Change in directors, key managerial personnel (Managing Director, Chief Executive Officer, Chief Financial Officer, Company Secretary etc.), Auditor, Compliance Officer and Share transfer agent.

 

Ø  Outcome of Board Meeting for Dividend, Buyback, Bonus Issue and decision on voluntary delisting by the listed entity.

 

Ø Acquisition(s) (including agreement to acquire), Scheme of Arrangement (amalgamation/ merger/ demerger/restructuring), or sale or disposal of any unit(s), division(s) or subsidiary of the listed entity or any other restructuring.

Currently, as a part of compliance all listed entities are required to submit the disclosures in PDF mode as per the provisions of Regulation 30 of the SEBI (LODR) Regulations.  Further, all listed entities would be required to submit the filings in XBRL mode within 24 hours of submission of the said PDF filing. At a later stage (date to be informed separately) Exchange will shift to only XBRL submission.

It may be noted that, XBRL utility for the above-mentioned subjects is available in XBRL section of the Listing Centre.

BSE has provided an online real-time Helpdesk to assist Users with their XBRL filings they may email queries if any to bse.xbrl@bseindia.com or call the Helpdesk on the toll-free number 1800 233 0445. 

 

Microvista Technologies is XBRL partner of all the stock exchanges BSE, NSE & MSEI in India. We help regulators, Stock exchanges, Banks, and other institutions to develop XBRL Software, Taxonomies, and XBRL support. For more information, you may visit Microvista Technologies Pvt Ltd