To give relief to listed companies amid the epidemic, the Securities and Exchange Board of India (SEBI) has extended the deadline to submit financial results for the quarter ending June 15. As of September 15, according to the criteria, the original deadline for submission was August 14, with financial results for the period ending in June.
In a circular, the regulator stated that it has received representations requesting extension of time to submit financial results for the quarter or half-year ended June 30, 2020, with an extended timeframe for submission of financial results. Due to the short time interval between. The period from March – July 31 – and that for the end of June, which was originally August 14.
“After consideration, it has been decided to extend the timeline for presenting financial results under Regulation 33 of the LODR Regulations, for the quarter / half year / financial year ended 30 June 2020, by 15 September 2020.” Said this
It has asked the stock exchanges to bring the provisions of the circular to the notice of all listed entities and also circulated it on their websites.