SEBI relaxes compliance of certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to the CoVID -19 virus pandemic
Mar 19, 2020
Press Release
SEBI relaxes compliance of certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to the CoVID -19 virus pandemic
Considering the CoVID 19 pandemic, SEBI vide Circular dated March 19, 2020 has decided to grant temporary relaxations from certain compliance stipulations specified under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’) to listed entities w.r.t. the quarter / financial year ending March 31, 2020:
|
SN |
Regulation and associated filing |
Period of relaxation |
|
1. |
Regulation 7(3) relating to half yearly compliance certificate on share transfer facility |
1 month |
|
2. |
Regulation 13(3)Â relating to quarterly statement of Investor complaints |
3 weeks (appx.) |
|
3. |
Regulation 24A read with circular No CIR/CFD/CMD1/27/2019 dated February 8, 2019 relating to Annual Secretarial compliance report |
1 month |
|
4. |
Regulation 27(2) relating to filing of quarterly Corporate Governance report |
1 month |
|
5. |
Regulation 31 relating to filing of quarterly Shareholding Pattern |
3 weeks (appx.) |
|
6. |
Regulation 33 relating to filing of quarterly and annual Financial Results |
45 days/1 month   |
The CoVID 19 virus has hit populations around the world and has restricted free movement of people, thereby hampering businesses and day to day functioning of companies. It has been declared a ‘pandemic’ by the World Health Organization (WHO). Developments arising due to the spread of the virus have warranted the need for temporary relaxations in compliance requirements for listed entities.
A copy of the Circular issued by SEBI is available on SEBI website at www.sebi.gov.in under the category – ‘Legal – Circulars’.
- NTPC invites applications from CA/CMA as Executive Trainee. Last date: 27.01.2026
- Allahabad HC disposes GST appeals as functioning of GST Tribunal put to motion
- Date of dispatch of notice as per ITBA portal and date of email may not be same – ITAT
- Assignment of leasehold rights not amount to supply of service under GST Act.
- ICAI revises criteria for empanelment of organizations to impart industrial training
