SEBI extends relaxation period under ICDR Regulations pertaining to Rights Issue opening up to March 31, 2022

Dear All,

Pursuant to SEBI circular dated October 01, 2021, the relaxation mentioned in point (iv) of the said SEBI Circular dated May 6, 2020, is further extended and shall be applicable for Rights Issues opening up to March 31, 2022, provided that the issuer along with the Lead Manager(s) shall continue to comply with point (v) of the said SEBI Circular dated May 06, 2020.
Point (iv) and Point (v) from the circular dated May 6, 2020 can be read from below link:https://www.sebi.gov.in/legal/circulars/may-2020/relaxations-relating-to-procedural-matters-issues-and-listing_46652.html

Circular dated October 01, 2021 can be read from below link:https://www.sebi.gov.in/legal/circulars/oct-2021/relaxations-relating-to-procedural-matters-issues-and-listing_53083.html

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