LIST/COMP/12/2020-21
May 18, 2020
LIST/COMP/12/2020-21 May 18, 2020 Securities and Exchange Board of India (SEBI) has issued Circular No. SEBI/HO/CFD/CMD1/CIR/P/ 2020/81 dated May 14, 2020 regarding relaxations from the applicability of the SEBI circular No. CFD/CMD/CIR/P/2017/115 dated October 10, 2017 with respect to MPS non-compliant listed entities, their promoters and directors, including levy of fines, freeze of promoter holding etc.
Consequently, the stipulations of the aforesaid October 10, 2017 SEBI circular are relaxed for listed entities for whom the deadline to comply with MPS requirements falls between the period from March 1, 2020 to August 31, 2020.
This circular shall come into force with immediate effect.
The aforesaid circular is enclosed for reference Listed Companies are requested to take note and comply accordingly.
Abhijit Pai Shyam Bhagirath
Deputy General Manager Associate Manager
Listing Compliance Listing Compliance
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