a) SEBI vide circular no. SEBI/HO/MIRSD/DOP/CIR/P/2020/82 dated May 15, 2020 has provided relaxation in 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, 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.

c) In view of the prevailing situation 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 aforesaid SEBI circulars.

d) The entire circular can be accessed online on portal of SEBI.