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| NOTICES |
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| Notice No. |
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20200518-15 |
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Notice Date |
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18 May 2020 |
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| Category |
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Circulars Listed Companies |
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Segment |
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Equity |
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| Subject |
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Relaxations relating to procedural matters – Takeovers and Buy-back. |
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| Attachments |
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May 14 2020 83.pdf ; |
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| Content |
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LIST/COMP/13/2020-21
May 18, 2020
Securities and Exchange Board of India (SEBI) has issued Circular No. SEBI/CIR/CFD/DCR1/CIR/P/ 2020/83 dated May 14, 2020, granting one-time relaxations from strict enforcement of certain regulations of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (hereafter “Takeover Regulations) and SEBI (Buy-back of securities) Regulations, 2018 (hereafter “Buy-back Regulations) pertaining to open offers and buy-back tender offers opening upto July 31, 2020. SEBI has decided to grant further relaxations / issue clarifications regarding provisions of the LODR in the face of challenges faced by listed entities due to the COVID-19 pandemic.
This circular shall come into force with immediate effect.
The aforesaid circular is enclosed for reference.
Listed Companies are requested to take note and comply accordingly.
Abhijit Pai Shyam Bhagirath
Deputy General Manager Associate Manager
Listing Compliance Listing Compliance
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