{"id":227422,"date":"2020-03-21T14:00:33","date_gmt":"2020-03-21T08:30:33","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=227422"},"modified":"2020-04-01T20:00:15","modified_gmt":"2020-04-01T14:30:15","slug":"sebi-relaxes-compliance-of-certain-provisions-of-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-due-to-covid-19-virus-pandemic","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/21\/sebi-relaxes-compliance-of-certain-provisions-of-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-due-to-covid-19-virus-pandemic\/","title":{"rendered":"SEBI relaxes compliance of certain provisions of — SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to CoVID -19 virus pandemic"},"content":{"rendered":"

Considering the CoVID 19 pandemic, SEBI vide Circular dated March 19, 2020\u00a0has decided to grant temporary relaxations from certain compliance stipulations specified under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (\u2018LODR\u2019) to listed entities w.r.t. the quarter \/ financial year ending March 31, 2020:<\/p>\n\n\n\n\n\n\n\n\n\n
SN<\/strong><\/b><\/td>\nRegulation and associated filing<\/strong><\/b><\/td>\nPeriod of\u00a0 relaxation<\/strong><\/b><\/td>\n<\/tr>\n
1.<\/td>\nRegulation 7(3) relating to half yearly compliance certificate on share transfer facility<\/td>\n1 month<\/td>\n<\/tr>\n
2.<\/td>\nRegulation 13(3)\u00a0 relating to quarterly statement of Investor complaints<\/td>\n3 weeks (appx.)<\/td>\n<\/tr>\n
3.<\/td>\nRegulation 24A read with circular No CIR\/CFD\/CMD1\/27\/2019 dated February 8, 2019 relating to Annual Secretarial compliance report<\/td>\n1 month<\/td>\n<\/tr>\n
4.<\/td>\nRegulation 27(2) relating to\u00a0 filing of quarterly Corporate Governance report<\/td>\n1 month<\/td>\n<\/tr>\n
5.<\/td>\nRegulation 31 relating to\u00a0 filing of quarterly Shareholding Pattern<\/td>\n3 weeks (appx.)<\/td>\n<\/tr>\n
6.<\/td>\nRegulation 33 relating to filing of quarterly and annual Financial Results<\/td>\n45 days\/1 month<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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 \u2018pandemic\u2019 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.<\/p>\n

\n

Securities Exchange Board of India<\/strong><\/p>\n

[Press Release dt. 19-03-2020]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Considering the CoVID 19 pandemic, SEBI vide Circular dated March 19, 2020\u00a0has decided to grant temporary relaxations from certain compliance stipulations specified <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[40012,39924,40137,40136],"class_list":["post-227422","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications","tag-corona-virus","tag-covid-19","tag-sebi-listing-obligations-and-disclosure-requirements-regulations-2015","tag-temporary-relaxations"],"yoast_head":"\nSEBI relaxes compliance of certain provisions of -- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to CoVID -19 virus pandemic | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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