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Advisory on disclosure of material impact of COVID-19 pandemic on listed entities under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

 
1. The CoVID 19 pandemic and the consequent lockdown restrictions imposed by national governments has impacted businesses not only in India but all over the world . In view of the same, SEBI has granted several relaxations  to the listed entities in terms of timelines for filing of various reports/ di sclosures under LODR Regulations
 
2. While such a lockdown and disruption is unforeseen and beyond the control of the entities , such events can lead to distortions
in the market due to the gap s in information available about
the operations of a  listed  entity . Hence, it is important for
a listed entity to ensure that all available information about the impact of these events on the company and its operations
is communicated in a timely and cogent manner to its investors and stakeholders  
3. Various provisions under the LODR Regulations already require listed entities to disclose material events which have a bearing on its performance / operations. These provisions are reiterated  below –
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