Curbing out the practical difficulties faced by the listed entities while making compliance due to the COVID-19 pandemic, SEBI vide its circular dated April 17, 2020 has come up with further relaxations and clarifications regarding provisions of the LODR.
The relaxations are as follows:
| Reg. | Pertaining to | Regular Timeline | Relaxed Timeline |
| Reg 29(2) | Prior intimation of Board Meeting |
|
2 Days prior to the board meeting held till July 31, 2020 |
| Reg 39(3) | Intimation regarding loss of share certificates and issue of the duplicate certificates | 2 days of getting such information | Any delay intimation, between March 1, 2020 to May 31, 2020, beyond the stipulated time of 2 days will not attract penal provisions as per SEBI SOP circular dtd May 03, 2018. |
| Reg 52(8) | Newspaper publication of financial results in case of listed NCDs/ NCRPS | Within 2 calendar days | Exempt till May 15, 2020 |
SEBI Clarification: Further, it has been clarified authentication/ certification of any filing / submission made to stock exchanges under LODR may be done using digital signature certifications until June 30, 2020.