Covid-19: Sebi Gives 45-day Relaxation To Companies For Filing Q4 Results

regulator on Thursday gave relaxation of 45 days to companies for filing fourth quarter financial results and one-month extension to file results for 2019-20.

Besides, relaxation of one month has been given for filing quarterly corporate governance report and three week each for shareholding patten and statement of investor complaint reports, the regulator said in a circular.

The decision has been taken in the wake of pandemic, which has resulted in many restrictions, including free movement of people, thereby hampering businesses and day-to-day functioning of companies.

Development arising due to the spread of the virus warrants the need for temporary relaxation in compliance requirement of listed entities, noted.

RECENT NEWS

JPMorgan's Berlin Moment: Chase Takes On Europe

There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more

What Strategy's Bitcoin Sale Really Tells Us

There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more

Coutts Sets Scope On New Continent

Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more

From Cypherpunk To Citadel

How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more

ACB Securities: Building Scale, Trust & Innovation

ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more

War Risk Returns To Markets As VIX Surges

For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more