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Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – (SEBI (LODR) Regulations, 2015
Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/38 issued and publish dated 19th March 2020, has published
Further Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to the CoVID -19 virus pandemic.
Applicability: They shall come into force on the date of their publication, i.e. March 19, 2020
Relaxation given under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
| Sl no | Regulation and associated filing | Filing | Relaxation w.r.t. the quarter / financial year ending March 31, 2020 | |||
| Frequency | Due within | Due Date | Extended date | Period of relaxation | ||
| 1. | Regulation 7(3) relating to compliance certificate on share transfer facility | Half yearly | One month of the end of each half of the financial year | April 30, 2020 | May 31, 2020 | 1 month |
| 2. | Regulation 13(3) relating to Statement of Investor complaints | Quarterly | 21 days from the end of each quarter | April 21, 2020 | May 15, 2020 | 3 weeks (appx. |
| 3. | Regulation 24A read with circular No CIR/CFD/CMD1/27/2019 dated February 8, 2019 relating to Secretarial Compliance report | Yearly | 60 days from the end of the financial year | May
30, 2020 |
June 30, 2020
|
1 month |
| 4 | Regulation 27(2) relating to Corporate Governance report | Quarterly | 15 days from the end of the quarter | April 15, 2020 | May 15, 2020 | 1 month |
| 5 | Regulation 31 relating to Shareholding Pattern | Quarterly | 21 days from the end of the quarter | April 21, 2020 | May 15, 2020 | 3 weeks (appx.) |
| 6 | Regulation 33 relating to Financial Results | Quarterly/ Annual | 45 days from the end of the quarter for quarterly results | May 15, 2020 | June 30, 2020 | 45 days |
| 60 days from the end of Financial Year for Annual Financial Results | May 30, 2020 | June 30, 2020 | 1 month | |||
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Well explained, very helpful article.