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FMC wants listed firms to disclose commodities hedging

Posted on 08 July 2013

Commodity markets regulator FMC today said it will soon discuss with the Securities and Exchange Board of India (SEBI) the possibility of making it mandatory for listed companies to disclose their exposure in commodities hedging.
The companies hedge in commodities to offset risks arising out of fluctuations in raw-material prices.”We will soon write to SEBI on this issue. In fact, this was the recommendation of our Sub-committee,” Forward Markets Commission Ramesh Abhishek told PTI………………………………………..Full Article: Source


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