Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Reg.

SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 · 2024-10-03 · Corporation Finance Department

Summary

SEBI extends the relaxation from compliance with specific provisions of the LODR Regulations for AGMs and general meetings until September 30, 2025. This extension aligns with the Ministry of Corporate Affairs' General Circular No. 09/2024 regarding the sending of physical financial statements. Listed entities must continue to comply with conditions stipulated in the Master Circular dated July 11, 2023 while availing these relaxations.

Text

SEBI had previously relaxed regulation 36(1)(b) for AGMs and regulation 44(4) for electronic general meetings held till September 30, 2024 based on MCA circulars.

MCA extended the relaxation from sending physical copies of financial statements to shareholders for AGMs conducted till September 30, 2025 via General Circular No. 09/2024.

SEBI has decided to extend the relaxations mentioned at para 1 above till September 30, 2025.

Listed entities shall ensure compliance with the conditions stipulated at para 5.1 and 5.2 of section VI-J of chapter VI of the Master Circular dated July 11, 2023 while availing the relaxations.

This Circular is issued under Section 11(1) of the SEBI Act read with Regulation 101 of the LODR Regulations, subject to the Companies Act, 2013.

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Source: SecMarx — Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Reg.. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.