Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - SEBI - SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167

CIRCULAR SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 October 07, 2023 To, All listed entities that have listed their specified securities All Recognized Stock Exchanges Madam / Sir, Sub: Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Reg. 1. SEBI Master Circular dated July 11, 2023 on compliance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015 by listed entities ( Master Circular ) inter-alia relaxed the applicability of regulation 36(1)(b) of the LODR Regulations for Annual General Meetings (AGMs) and regulation 44(4) of the LODR Regulations for general meetings (in electronic mode) held till September 30, 2023 (section VI-J of the Master Circular). 2. MCA, vide General Circular No. 09/2023 dated September 25, 2023 , has extended the relaxation from sending physical copies of financial statements (including Board s report, Auditor s report or other documents required to be attached therewith) to the shareholders, for the AGMs conducted till September 30, 2024. SEBI has also received representations to extend the relaxations mentioned at para 1 above. 3. In view of the above, it has been decided to extend the relaxations mentioned at para 1 above till September 30, 2024. 4. It is reiterated that the 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 while availing the relaxations provided above. 5. This Circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 101 of the LODR Regulations and the relaxations contained herein are subject to the provisions of the Companies Act, 2013 and rules made thereunder. 6. This Circular is available at www.sebi.gov.in under the link Legal Circulars . Yours faithfully, Raj Kumar Das Deputy General Manager Corporation Finance Department Policy and Development 2 +91-22-26449253 [email protected]