Relaxation of time gap between two board / Audit Committee meetings of listed entities owing to the CoVID-19 pandemic

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..... Sub: Relaxation of time gap between two board / Audit Committee meetings of listed entities owing to the CoVID-19 pandemic 1. SEBI, vide circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/38 dated March 19, 2020, had relaxed the requirement of the maximum stipulated time gap of 120 days between two meetings of the board and Audit Committees of listed entities, as is required under Regulation 17(2) and 1 .....

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..... he board of directors and audit committees of listed entities shall ensure that they meet atleast four times a year, as stipulated under Regulations 17(2) and 18(2)(a) of the LODR Regulations. 4. This Circular shall come into force with immediate effect. The Stock Exchanges are advised to bring the provisions of this circular to the notice of all listed entities that have issued specified securit .....

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