class="MsoNormal" style="text-align: justify;">The Securities and Exchange Board of India (SEBI) on June 08, 2020 has decided to provide relaxations from compliance with certain provisions of the SEBI (Issue and Listing of Debt Securities) Regulations 2008, SEBI (Non-Convertible Redeemable Preference Shares) Regulations, 2013 and other such circulars in the wake of the COVID-19 pandemic.
SEBI has decided to provide relaxation considering certain compliances to all the investors who are willing to propose their list of Non-Convertible Debentures (NCDs), Non-Convertible Redeemable Preference Shares (NCRPS), Commercial Papers (CPs) for another 91 days (i.e. June 30, 2020) for the purpose of disclosure of financial results.
The circular shall come into immediate effect.
[SEBI Circular No. SEBI/HO/DDHS/CIR/P/2020/098]
