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April 29, 2021

SEBI Extends Submission of Financial Results from 30 May to 30 June 2021

by CA Shivam Jaiswal in SEBI

SEBI Extends Submission of Financial Results from 30 May to 30 June 2021

Securities and Exchange Board of India

CIRCULAR

No. SEBI/HO/CFD/CMD1/P/CIR/2021/556                                                        April 29, 2021

To

All entities that have listed their specified securities

All Recognized Stock Exchanges

Madam / Sir,

Sub: Relaxation from compliance with certain provisions of the SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 due to the CoVID-19 pandemic

1. SEBI is in receipt of representations from listed entities, professional bodies, industry associations, market participants etc. requesting extension of timelines for various filings and relaxation from certain compliance obligations under the LODR Regulations inter-alia due to ongoing second wave of the CoVID-19 pandemic and restrictions imposed by various state governments.

2. After consideration, it has been decided to grant the following relaxations from compliance with certain provisions of the LODR Regulations:

SR. No  Regulation  Requirement  Due dateExtended deadline for the quarter / half year / year ending March 31, 2021
    1.Regulation   24A   read      with circular                                                                      No. CIR/CFD/CMD1/27/2019 dated     February     8,     2019 relating    to Annual Secretarial Compliance report  Sixty days from end of the financial year    May 30, 2021    June 30, 2021
    2.  Regulation 33 (3) – Quarterly financial results / Annual audited financial resultsForty-five days from end of the quarter / Sixty days from end of the financial year  May 15, 2021 /   May 30, 2021      June 30, 2021
      3.Regulation 32 (1) read with SEBI           circular                   No. CIR/CFD/CMD1/162/2019 dated December 24, 2019 on Statement of deviation or variation in use of fundsAlong with the financial results (within 45 days of end of each quarter / 60 days from end of the financial year)    May 15, 2021 /   May 30, 2021      June 30, 2021

3. Listed entities are permitted to use digital signature certifications for authentication/ certification of filings/submissions made to the stock exchanges under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for all filings until December 31, 2021.

4. The Circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 101 of the LODR Regulations. This Circular is available at www.sebi.gov.in under the link “Legal-Circulars”.

Yours faithfully,

Amy Durga Menon

Deputy General Manager Corporation Finance Department

Compliance and Monitoring Division-1

+91-22-26449584 /amydurga@sebi.gov.in

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