Corporate India will have to furnish the geo-location data of tangible assets appearing on the balance-sheets, with the government seeking to establish stringent norms for verifying the details of properties recorded with the registrar as 'charges' for a company. Simply put, a charge is the interest created on a company’s assets that have been put up as security or are mortgaged. Revising disclosure standards, the Ministry of Corporate Affairs has told companies that supplying the latitude and longitude of their tangible assets is now mandatory.

Source - http://economictimes.indiatimes.com