Securities and Exchange Board of India has extended the timelines for processing of various investor requests pertaining to physical securities and compliance and disclosures to be made under SEBI Regulations. These directions are being issued for Registrars to an Issue (RTI) and Share Transfer Agents (STA) or Issuer Companies, holding SEBI registration under Category 1 or Category 2 of RTI/STA.
Considering the nationwide lock down relaxation is given to intermediaries / market participants for equivalent period of lock down declared by Government of India i.e. 21 days, over and above the prescribed time limits, respectively, for activities/ investor requests / compliance. In the event of further extension in the lock down period, additional relaxation in prescribed timelines for equal number of extended days in lock down is also being given to intermediaries/ market participants.