June 29, 2020
Summary of the circular issued by SEBI on 26/06/2020
Further extension of relaxation from compliance with respect to time gap between two board / Audit Committee meetings of listed entities
Through this circular, the Board of Directors and Audit Committee of the listed entity are exempted from observing the maximum stipulated time gap of 120 days between two meetings for the meetings held or proposed to be held between the period 01/12/2019 and 31/07/2020 (as against the original relaxed deadline of 30/06/2020) subject to a minimum of four meetings in a year as required under the SEBI Regulations.
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