"To start with, we will be putting the annual financial statements of intermediaries, including large merchant bankers and broking houses, depositories, stock exchanges and mutual funds, on the Sebi website," Sebi Executive Director Pratip Kar told The Financial Express here on Tuesday.

The move would make the financial health of these companies or institutions known to their stake holders as well, along with shareholders. "Without such a stipulation, it has become difficult to know the financial state of a company for those who are interested in the developments taking place in them," he said.

Many unlisted merchant bankers, broking houses, stock exchanges and depositories, were voluntarily submitting their financial statements to the Sebi, Kar said. "As it is very difficult to put financial statements of over 10,000 intermediaries on the Sebi website, we will do it only with the large intermediaries," he added.