a) SEBI vide circular no. SEBI/HO/MIRSD/DOP/CIR/P/2020/141 dated July 29, 2020 has provided Relaxation in timelines for compliance with regulatory requirements.

b) 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 circular nos. SEBI/HO/MIRSD/DOP/CIR/P/2020/61 dated April 16, 2020, SEBI/HO/MIRSD/DOP/CIR/P/2020/62 dated April 16, 2020, and SEBI/HO/MIRSD/DOP/CIR/P/2020/68 dated April 21, 2020.Later, vide circular nos. SEBI/HO/MIRSD/DOP/CIR/P/2020/82 dated May 15, 2020 and SEBI/HO/MIRSD/DOP/CIR/P/2020/101 dated June 19, 2020, timelines / period of exclusion was further extended for certain compliance requirements.

c) In view of the prevailing situation due to Covid-19 pandemic and representations received from the Stock Exchanges, it has been decided to further extend the timelines for compliance with the regulatory requirements by the Trading Members / Clearing Members/ Depository Participants, mentioned in the SEBI circulars.