MANU/SSMD/0012/2021

Ministry : Securities and Exchange Board of India

Department/Board : Corporation Finance Department

Circular No. : SEBI/HO/CFD/DIL2/CIR/P/2021/552

Date : 22.04.2021

Notification/ Circulars Referred : Circular no. SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 6, 2020 MANU/SSMD/0021/2020;Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/136 dated July 24, 2020 MANU/SSMD/0040/2020;Circular No. SEBI/HO/CFD/DIL1/CIR/P/2021/13 dated January 19, 2021 MANU/SSMD/0003/2021

Citing Reference:
Circular no. SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 6, 2020 MANU/SSMD/0021/2020  Referred

Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/136 dated July 24, 2020 MANU/SSMD/0040/2020  Referred

Circular No. SEBI/HO/CFD/DIL1/CIR/P/2021/13 dated January 19, 2021 MANU/SSMD/0003/2021  Referred

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,

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 these relaxations was further extended for Rights Issues opening up to December 31, 2020, vide SEBI Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/136 dated July 24, 2020.

3. The relaxation mentioned in point (iv) of the SEBI