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Securities and Exchange Board of India / SEBI - Relaxations provided to all listed entities whose securities are listed on the Stock Exchanges from compliance of SEBI LODR


  • Compliance Certificate under Reg 40(9) from Practicing Company Secretary which needs to be submitted by 30 April 2020 is extended to till May 30, 2020.
  • Annual General Meeting of   top 100 listed companies which needs to be conducted by 31 Aug 2020 is extended to Sept 30, 2020.
  • The nomination and remuneration committee, the stakeholder relationship committee and the risk management committee shall meet at least once in a year and the due date for financial year FY 2019-2020 is 31 Mar 2020 is extended to June 30, 2020.
  • Relaxation of the operation of the SEBI circular on Standard Operating Procedure dated January 22, 2020  - SEBI vide circular no. SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22, 2020 issued the Standard Operating   Procedure (SoP) on imposition of fines and other enforcement actions for non-compliances with provisions of the LODR, the effective date of operation of which is for compliance periods ending on or after March 31, 2020. The said circular dated January 22, 2020 shall now come into force with effect from compliance periods ending on or after June 30, 2020. It may be noted that the SoP circular dated May 03, 2018 would be applicable till such date.
  • Publication of advertisements in the newspaper for notice of board meeting, financial results etc., - exempted publication of advertisements in newspapers as required under regulation 47 for all events scheduled till May 15, 2020.   SEBI - Notification

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