a) SEBI in view of the situation arising due to COVID- 19 pandemic, lockdown imposed by the Government and representations received from Stock Exchanges, SEBI had earlier provided relaxations in timelines for compliance with various regulatory requirements by the trading members/ clearing members/ depository participants vide various circulars in the month of April 2020 and then the timelines/period of exclusion were further extended for certain compliance requirements vide circulars issued in June, July and October 2020.

b) In view of the prevailing situations caused due to COVID -19 and the representations received from the Stock Exchanges, it has been further decided to extend timelines for compliance with various regulatory requirements by the trading members/ clearing members till 31st December 2020.