The Securities and Exchange Board of India vide its notification dated 15th January 2020 has granted relaxation to companies from compliance with certain provisions of Listing Obligations and Disclosure Requirements (LODR) Regulations related to general meetings, pursuant to relaxations by the Ministry of Corporate Affairs.
MCA has extended relaxations for companies to conduct their extraordinary general meeting through video conferencing or through other audio-visual means up to June 30, 2021, and for an annual general meetings of companies due in 2021.
Accordingly, SEBI has granted relaxations in respect of sending physical copies of annual report to shareholders and requirement of proxy for general meetings held through electronic mode which is extended for listed entities till 31st December, 2021.
