The Securities Exchange Board of India vide Circular dated 13 April 2020 has extended the timelines for processing of various investor requests pertaining to physical securities and Compliance and disclosures to be made under SEBI Regulations and circulars by intermediaries / market participants.
Relaxation is given to intermediaries / market participants for equivalent period of lock down over and above the prescribed time limits. The relaxation applies to the compliances mentioned in the annexure. The compliances relaxed include reconciliation of share capital, certificate recieved from RTA etc.
Any further extension in lockdown will result in a similar further extension in timeline.
Click here to Read the Circular.
