Relaxations relating to procedural matters – Issues and Listing - SEBI - SEBI/HO/CFD/DIL1/CIR/P/2020/136

CIRCULAR SEBI/HO/CFD/DIL1/CIR/P/2020/136 July 24, 2020 To All Registered Merchant Bankers All Recognized Stock Exchanges All Registered Registrars to an Issue All Self Certified Syndicate Banks All listed entities All entities who propose to list the specified securities Dear Sir/Madam, Sub: Relaxations relating to procedural matters Issues and Listing 1. SEBI vide Circular no. SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 6, 2020 granted one time relaxations from strict enforcement of certain regulations of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 , pertaining to Rights Issue opening upto July 31, 2020. 2. Based on the representations received from the market participants, the validity of relaxations, as provided by Circular No. SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 6, 2020 is further extended and shall be applicable for Rights Issues opening upto December 31, 2020. 3. This Circular is issued in exercise of powers conferred by Section 11(1) of the Securities and Exchange Board of India Act, 1992. 4. A copy of this circular is available at www.sebi.gov.in under the categories Legal Circulars. Yours faithfully, Jeevan Sonparote Chief General Manager [email protected]