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NOTICES
Notice No.   20200626-44   Notice Date   26 Jun 2020
Category   Circulars Listed Companies   Segment   Equity
Subject   Relaxation of time gap between two board / Audit Committee meetings of listed entities owing to the CoVID-19 pandemic
Attachments   SEBI Circular 26062020.pdf ;
Content

LIST/COMP/27/2020-21

 

Securities and Exchange Board of India (SEBI) has issued circular No. SEBI/HO/CFD/CMD1/CIR/P/ 2020 /110 dated June 26, 2020, regarding relaxation of time gap between two board / Audit Committee meetings of listed entities owing to the CoVID-19 pandemic.

 

The relaxation of maximum time gap between two board/Audit Committee meetings as provided by circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/38 dated March 19, 2020 is further extended till July 31, 2020. However, the board of directors and audit committees of listed entities shall ensure that they meet atleast four times a year, as stipulated under Regulations 17(2) and 18(2)(a) of the LODR Regulations.

 

This Circular shall come into force with immediate effect.

 

The aforesaid circular is attached for reference.

 

Listed Companies are requested to take note and comply accordingly. 

 

 

Abhijit Pai 
Dy. General Manager

Listing Compliance 

 

Shyam Bhagirath

Associate Manager

Listing Compliance

                                                                 

June 26, 2020