In this article, Yash Tandon of TNNLS talks about How to Extract Information of a Listed Company.
What is a Company
A company, abbreviated as co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise. Company members share a common purpose, and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals. Companies take various forms, such as:
- voluntary associations which may include a non-profit organization
- business entities with an aim of gaining a profit
- financial entities and banks
A company or association of persons can be created at law as a legal person so that the company in itself can accept limited liability for civil responsibility and taxation incurred as members perform (or fail) to discharge their duty within the publicly declared “birth certificate” or published policy.
Companies as legal persons may associate and register themselves collectively as other companies – often known as a corporate group. When a company closes it may need a “death certificate” to avoid further legal obligations.
So as the company is very important, one should know the whereabouts of companies so that one can understand the procedure. Below are certain important features of the company which is the basic understanding one should know.
How to know latest corporate announcements of a company
To find the latest corporate announcements of a particular company, first, we have to go to the BSE (Bombay Stock Exchange) website, then go to the corporate sector, as shown in the image below.
After going through this, go to the 3rd column which is named as corporate filings, and under that list click on the corporate announcement. Then type the name of the company which you want to search (for example I searched for Tata Chemicals Ltd.), and then you click on the submit button. As soon as you click that submit button, all the latest announcements of that respective company will come.
So in this way, one can check the latest announcements of a particular company.
How to know corporate actions of a company
Corporate actions mean all actions taken by the company in relation to the shares or shareholders i.e. a stock split, a bonus issue, a rights issue or a dividend declaration.
The same procedure listed above has to be followed to reach the BSE website and then going to the corporate filing column. Now if we need to check the corporate action of a company, then in the list of corporate filing, the second item is corporate actions, we need to click on that section and then a page will appear like in the image below. We just need to type the name of the company in the security name box and then all the actions of that particular company will appear (In the image below corporate actions of Tata Chemical Ltd. is shown).
How to know Board Meeting and Shareholders Meeting of a company, and its quarterly results
This is one of the most important things one should know of a particular company. Under the list of corporate filings, board meetings are also listed. After clicking it, a page like an image below will appear. From there one can check the board meetings happened in a particular year and also the results of that meeting which is very crucial to know.
To know the shareholding meeting of a company, again go down the list of corporate filings and in that list click shareholding meeting. A page will appear as shown below, after this type the name of the company in the security name box (like in the image I have done of Tata Chemical Ltd. company).
NOTE – This is not the desired result, what we are looking. After getting this below page, one has to click on the company name, which will be hyperlinked now.
After clicking on the company name a new window will open and in that window of “Security Wise Corporate Action” will open, as shown below in the image, under the heading of the same.
Security Wise Corporate Action
How to check Offer Documents of a company
What is Offer Document
Offer document means Prospectus in case of a public issue or offers for sale and Letter of an offer in case of a rights issue, which is filed with the Registrar of Companies (ROC) and Stock Exchanges. An offer document covers all the relevant information to help an investor to make his/her investment decision.
Offer Document is also one of the most important things one should know of a particular company. This can also be found under the list of corporate filings. After clicking on the offer documents, a page will open as shown in the image below.
So from here, one can download, from the green bar which is shown below in the image.