Securities Exchange Board of India issued a clarification regarding applicability of Indian Accounting Standards to disclosure in offer documents under SEBI (ICDR) Regulations, 2009. The circular provides the manner of disclosure of financial information by issuer companies in accordance with Ind AS in the offer document. It further clarifies that all other requirements with respect to disclosure of financial information in the offer documents shall remain the same. The circular is applicable for all the companies which are required to disclose the financial information in accordance with Ind AS as per MCA roadmap and whose offer document is filed with the Board on or after April 1, 2016.