Relaxation from compliance with certain provisions of the SEBI Regulations, 2015



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SEBI has announced a relaxation for listed companies regarding certain compliance requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This aligns with a recent MCA circular, allowing companies to forgo sending physical copies of annual reports to shareholders who haven't registered their email addresses until December 31, 2022. Additionally, the requirement to send proxy forms for general meetings held electronically has been waived until the same date.

Relaxation from compliance with certain provisions of the SEBI (Listing obligations and disclosure requirements) Regulations, 2015 CIRCULAR NO.: SEBI/HO/CFD/CMD2/CIR/P/2022/61 Date: 13/05/2022 The SEBI has relaxed compliance of certain provisions of SEBI( LODR) Regulations, 2015 to align with
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FAQ :

SEBI has relaxed the requirement for listed companies to send hard copies of annual reports and related documents to shareholders who have not registered their email addresses until December 31, 2022.

The circular providing this relaxation comes into force with immediate effect.

Companies are not required to send physical copies of the annual report to shareholders who haven't registered their email addresses until December 31, 2022. However, they must still send hard copies of the full annual report to any shareholder who specifically requests one.

The requirement to send proxy forms has been dispensed with until December 31, 2022, for general meetings that are held exclusively through electronic mode.

The relaxation has been provided to align with a circular issued by the Ministry of Corporate Affairs (MCA) on May 5, 2022.




About the Author

Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, MyselfFCSDeepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP, ID) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Independent Director ,Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited I ... Read more

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