1. SEBI vide Circular 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, as provided by Circular dated May 6, 2020, was further extended for Rights Issues opening upto December 31, 2020
3. The relaxation mentioned in point (iv) of the SEBI Circular dated May 6, 2020 is further extended and shall be applicable for Rights Issues opening upto March 31, 2021 provided the issuer along with the Lead Manager(s) shall continue to comply with point (v) of the SEBI Circular dated May 06, 2020.
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