MANU/SFII/0003/2020

Ministry : Securities and Exchange Board of India

Department/Board : Division of Foreign Portfolio Investors and Custodians

Circular No. : SEBI/HO/FPI&C/CIR/P/2020/162

Date : 31.08.2020

Notification/ Circulars Referred : Circular No. SEBI/HO/FPI&C/CIR/P/2020/056 dated March 30, 2020 MANU/SFII/0002/2020;Circular No. SEBI/HO/FPI&C/CIR/P/2020/104 dated June 23, 2020 MANU/SIPM/0017/2020

Citing Reference:
Circular No. SEBI/HO/FPI&C/CIR/P/2020/056 dated March 30, 2020 MANU/SFII/0002/2020  Referred

Circular No. SEBI/HO/FPI&C/CIR/P/2020/104 dated June 23, 2020 MANU/SIPM/0017/2020  Referred

To,

1. All Foreign Portfolio Investors ("FPIs") through their Designated Depository Participants ("DDPs")/Custodian of Securities.
2. Designated Depository Participants ("DDPs")/Custodians.
3. All Recognized Stock Exchanges/Clearing Corporations
4. All recognized Stock Exchanges and Clearing Corporations in International Financial Services Centres
5. The Depositories (NSDL and CDSL)
6. Stock Brokers through Recognized Stock Exchanges
7. Depository Participants through Depositories
8. KYC Registrations Agencies (KRAs)

Dear Sir/Madam,

Temporary relaxation in processing of documents pertaining to FPIs due to COVID-19

1. SEBI vide Circular No. SEBI/HO/FPI&C/CIR/P/2020/056 dated March 30, 2020 had prescribed temporary relaxation in processing of documents pertaining to FPIs due to COVID-19. Further, vide Circular No. SEBI/HO/FPI&C/CIR/P/2020/104 dated June 23, 2020, the temporary relaxations were extended till August 31, 2020.

2. It is understood that while lockdown has been lifted in many jurisdictions, certain jurisdictions continue to be under lockdown in view of the prevailing situation due to COVID-19 pandemic.

3. In view of the representations received from various stakeholders, it has been decided that for the entiti........