Notification of the decision to present the audited results should be communicated within forty-five days of the end of the quarter. If, within fifteen days from the date of notification, a listed company makes two or more consecutive defaults, in accordance with clause 41 of the listing agreement, the recognized exchange concerned must, in addition to the imposition of a fine, move the list of listed companies to category “Z” as indicated above. The company must co-finance on the Stock Exchange, at least seven days before the meeting, the date, time and purpose of the meeting that takes into account the financial results. Any publicly traded company, in accordance with clause 41 of the listing agreement, is required to provide the relevant exchanges, within forty-five days of the end of the quarter, with unaudited quarterly results in the prescribed format. Under the amended Term 41, publicly traded companies were given the opportunity to submit audited or unaudited results within forty-five days of the end of the corresponding quarter (with the exception of the last quarter). The results are accompanied by the examiners` report on the results. In the event of non-compliance with certain clauses of the listing agreement, the company must communicate the Exchange (normally by fax, e-mail, etc.) within 15 minutes of the closing of the meeting of the board of directors at which the unaudited/audited financial results are placed. Unaudited quarterly results are subject to limited audit by the company`s statutory auditors, who are submitted within 45 days of the end of the quarter. . . .