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SEBI further extended due date for submission of financials for March'20 to 31st July 2020
Furth

er e
xtension of time for submission of financial results for the quarter
/half
year
/financial
year ending 31
st
March 2020
due to
the continuing impact of the
CoVID
-
19 pandemic
1.
SEBI
,
vide circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/38 dated March 19, 2020
and
c
ircular No. SEBI/HO/DDHS/ON/P/2020/41 dated March 23, 2020
,
had extended
the timeline for submission of financial results under
r
egulation
s
33
and 52
of
the
SEBI
(
Listing Obligations and Disclosure Requirements) Re
gulations
, 2015 (
‘
L
ODR
Regulations
’
)
to June 30, 2020 (extension of one month) due to
the impact of the
CoVID
-
19 pandemic.
2.
SEBI has received representations from listed entities, Chartered
Accountant
firms,
and i
ndustry
b
odies
/
associations
seeking
further
extension of time for
preparation,
finalization and submission of financial results
for listed entities
for the quarter
/half
year/financial
year ending 31
st
March 2020
,
due to
many reasons, like
the continuing
lockdown, subsidiaries and associates situated in containment zones
making the
audit process challenging and other operational challenges due to the CoVID
-
19
pandemic.
3.
After
taking into
consideration
the aforementioned issues
, it has been decided to
further
extend the timeline for submission of financial results under Regulation 33 of
the
LODR Regulations
,
by a month
,
to
July 31, 2020
,
for the quarter and
the
year
end
i
ng
31
st
March 2020.
Similarly,
the
timeline
under Regulation 52 of the LODR
for
submission of half yearly and/or annual financial results for
the period end
i
ng
March