SEBI relaxation – mar 20 a/cs

SEBI has vide their circular dated 24/6/20 further relaxed the timeline for submission of financial results by listed entities for their march 20 quarterly as well as final audited results by one more month upto 31st July, 2020. Earlier it was relaxed upto 30th June, 2020

Under Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR”) listed companies have to submit their quarterly and annual financial results within 45 days from the end of the quarter/ financial year. This year due to Covid, relaxations were given to the companies in view of the office lockdown situation.

SEBI circular can be found here

https://www.sebi.gov.in/legal/circulars/jun-2020/further-extension-of-time-for-submission-of-financial-results-for-the-quarter-half-year-financial-year-ending-31st-march-2020-due-to-the-continuing-impact-of-the-covid-19-pandemic_46924.html

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