Extension of Submission Date of Share Capital Audit Report for the quarter ended March 31, 2020 till 31st May, 2020
BSE vide Circular no. LIST/COMP/1/2020-21 dated 14.04.2020 informed listed companies on Relaxation in adherence to prescribed timelines issued by SEBI due to Covid 19 which was provided by SEBI Ciruclar No.SEBI/HO/MIRSD/RTAMB/CIR/P/2020/59 Dated April 13, 2020. Latest BSE communication is with regard to Extension of Submission Date of Share Capital Audit Report for the quarter ended March 31, 2020 till 31st May, 2020.
Text of the BSE Circular is as follows:-
Circulars to Listed Companies
LIST/COMP/1/2020-21 April 14, 2020
Dear Sir / Madam,
Subject : Extension of Submission Date of Share Capital Audit Report for the quarter ended March 31, 2020
SEBI is in receipt of representation inter alia requesting for relaxation in the timelines provided in Regulation 76 of SEBI(D&P) Regulations, 2018 read-with SEBI circular dated December 31, 2002 and March 3, 2004 related to filing of Share Capital Audit Report on a quarterly basis.
In this regard, taking into consideration the current situation amid COVID-19, SEBI has informed the Exchange about the decision to relax the timelines for filing Share Capital Audit Report for the quarter ended March 31, 2020, in terms of Regulation 76 of SEBI(D&P) Regulations, 2018. Companies are permitted to file the said report for the quarter ended March 31, 2020 by May 31, 2020.
All Listed entities are requested to take note of the same and comply accordingly.
| Abhijit Pai Deputy General Manager Listing Compliance |
Shyam Bhagirath Associate Manager Listing Compliance |
Author Bio
As per my understanding as given in circular extension is given for Equivalent period of lock down declared by Government of India i.e. 21 days, over and above the prescribed time limits
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