SEBI

SEBI extends timeline for holding AGM by top-100 listed entities for financial year for 2020-21

SEBI extends timeline for holding AGM by top-100 listed entities
 
Regulation 44(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (LODR) requires top 100 listed entities by market capitalization to hold their AGM within a period of five months from the date of closing of the financial year.
 

SEBI was given representations from listed entities and the Institute of Company Secretaries of India (ICSI) requesting extension of time to the top 100 listed entities for holding their AGM inter-alia due to the CoVID-19 pandemic

In view of the above, SEBI has extended the timeline for conduct of AGM by top-100 listed entities by market capitalization. Accordingly, such entities shall hold their AGM within a period of six months from the date of closing of the financial year for 2020-21

Download SEBI Circular SEBI/HO/CFD/CMD1/P/CIR/2021/602 Click Here >>

Share

Recent Posts

  • Income Tax

When foundation of reopening does not survive, no addition can be made for other issues

When foundation of reopening does not survive, no addition can be made in respect of other issues - ITAT In…

6 hours ago
  • GST

GST Advisory & FAQs on Electronic Credit Reversal & Re-claimed Statement & RCM Liability

GSTN Advisory & FAQs related to Electronic Credit Reversal and Re-claimed Statement and RCM Liability/ITC Statement To ensure correct and…

23 hours ago
  • Income Tax

Negligence of tax payer would not make exempt income taxable – ITAT

It is well settled that if any receipt cannot be subjected to tax being exempt under law, negligence of any…

1 day ago
  • GST

For a notice sent by GSTN Portal no inference may be drawn as to its actual service

Since UPGST Authorities unable to inform when notice sent by GSTN Portal may have been retrieved or downloaded, no inference…

2 days ago
  • Income Tax

Cash deposit of Rs. 250000 cr (credit) misread as crores by AO – Plea declined

High Court declines plea of assessee that Income Tax Department wrongly read amount of cash deposit of Rs. 250000 Cr…

2 days ago
  • Income Tax

Discontinuance of business of firm will not vest ownership of firm’s property with partners

Discontinuance of business of partnership firm will not result in vesting ownership of firm's property with individual partners for capital…

3 days ago