CAIRR Update April 30, 2021

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CAIRR Update April 30, 2021

April 30, 2021
 
Summary of the circulars issued by SEBI on 29/04/2021
 
SEBI grants relaxation from compliance with certain provisions governing Equity/Debt/Municipal Bonds/Commercial Paper listed entities due to the CoVID-19 pandemic
Through the circulars, SEBI has granted extension of deadlines with respect to compliance of below regulations. Further, Listed entities are permitted to use digital signature certifications for authentication/ certification of filings/submissions made to the stock exchanges under the LODR Regulations for all filings until 31/12/2021. Entities that have listed their municipal bonds/commercial papers may also opt to use digitally signed documents for making filings with Stock Exchanges in terms of the already issued SEBI circulars.
S.No. Regulation and Requirement  Due Date  Extended  deadline for the quarter/ half  year/ year ending March 31, 2021 
  For listed entities that are covered under under SEBI (Listing Obligations and Disclosure Requirements) Regulations,  2015   (click here to refer the circular)  
1.  Regulation 24A read with circular No.CIR/CFD/CMD1 /27/2019 dated 08/02/2019 requires submission of Annual Secretarial Compliance report within 60 days from the end of the financial year  30/05/2021   30/06/2021
2.  Regulation 33 (3)- Requires submission of Quarterly financial results/ Annual audited financial results- within 45 days from the end of quarter / 60 days from end of the financial year respectively   15/05/2021 and 30/05/2021 respectively 30/06/2021 
 3. Regulation   32(1)   read   with SEBI circular No. CIR/CFD /CMD1/162/2019 dated 24/12/2019 requires submission of Statement of  deviation or variation in use of funds along   with   the financial  results (within  45  days of  end  of  each quarter/ 60 days from  end  of  the financial year)  15/05/2021 and 30/05/2021 respectively   30/06/2021
  For entities  that  have  listed  their  debt  securities  under the  SEBI  (Issue  and  Listing  of  Debt Securities)   Regulations,   2008,   SEBI   (Issue   and   Listing   of   Non-convertible   Redeemable Preference  Shares  Regulations,  2013,  and  SEBI  (Public  Offer  and  Listing  of  Securitised  Debt Instruments) Regulations, 2008  (click here to refer the circular)  
 1.  Regulation 52(1) and 52(2) requires Half-yearly/ Annual audited financial results to be submitted within 45 days from end of the quarter / 60 days from end of the financial year respectively 15/05/2021 and 30/05/2021 respectively   30/06/2021
 2.  Regulation 52(7) read with SEBI circular no. SEBI/HO/DDHS/08/2020dated 17/01/2020 requires submission of Statement of deviation or variation in use of funds along  with  the financial  results (within  45  days of  end  of  each quarter/   60 days  from  end of  the  financial year) 15/05/2021 and 30/05/2021 respectively  30/06/2021 
  For entities that have listed their bonds under the SEBI (Issue and Listing of Municipal Bonds) Regulations, 2015     
1.  Submission of Annual audited financial results as per circular no. SEBI/HO/DDHS/CIR/P/134/2019 dated 13/11/2019 within 60 days from end of the financial year  30/05/2021  30/06/2021 
  For entities that have listed Commercial Paper     
2.   Requirements as per SEBI/HO/DDHS/DDHS/CIR/P/ 2019/115 dated 22/10/2019 requires Half-yearly/ Annual audited financial results to be submitted within 45 days from end of the quarter / 60 days from end of the financial year respectively  15/05/2021 and 30/05/2021 respectively 30/06/2021 

These circulars are integrated in our free to use website www.ca2013.com.

By | 2021-04-30T13:37:15+00:00 April 30th, 2021|ca2013.com|0 Comments

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