The Securities and Exchange Board of India (SEBI) prescribes several compliance requirements for listed entities under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Due to the ongoing Novel Coronavirus pandemic has caused substantial disruption to business and impeded ordinary functioning. On 19th March 2020 SEBI issued a circular relaxing some compliance requirements under the listing regulations, effective immediately.

Timelines for Filings

SEBI has introduced relaxations in filing. The due date for the following has been extended:

S.No. FilingPrevious Due DateExtended Date
1. Quarterly Financial Results 15 May 202030 June 2020
2. Annual Financial Results 30 May 202030 June 2020
3. Shareholding Pattern 21 April 202015 May 2020
4. Statement of Investor Complaints 21 April 202015 May 2020
5. Corporate Governance Report 15 April 202015 May 2020
6. Secretarial Compliance Report 30 May 202030 June 2020
7. Compliance Certificate on Share Transfer Facility 30 April 202031 May 2020

Time Gap between two Board Meetings/Audit Committee meetings

  • The circular relaxes the maximum time gap between two board meetings or two audit committee meetings.
  • The board of directors and audit committee of listed entities are exempted from observing the maximum time gap of 120 days for meetings scheduled between 1 December 2019 and 30 June 2020.
  • However they may continue to comply with the requirement of meeting at least four times a year.