MCA has issued a circular dated 11th May, 2020 wherein it has exempted listed companies from sending notices for rights issues by post/ courier where the rights issues are upto 31st July, 2020. This is in view of the Covid situation wherein all businesses have been under lockdown for more than 50 days now. So non despatch of notices to shareholders will not be construed as a violation under the Act. But listed companies have to comply with SEBI circular dated 6th May, 2020 on the subject. This circular of SEBI basically says that intimations should be sent by e-mail with reminders by SMS and advertisement by the company in all digital channels – internet, television, including crawlers, etc. The notice should be posted on the website of the company, lead manager, registrar & stock exchanges. The rights issue during this period shall be only in ASBA method.