In continuation of the circular of 19 March 2020, SEBI issued a circular on 23 March 2020 (SEBI/HO/DDHS/ON/P/2020/41) further relaxing certain timelines with respect to listed entities.
| Particular | Frequency | Date of available Audited Financials | Original Date of Issuance | Relaxation Period | Extended Date of Issuance |
| Cut-off date for issuance of NCD/ NCRPS/ CP | Within 6 months of the date of the latest audited financials | 30 September 2019 | On or before 31 March 2020 | 60 days | On or before 31 May 2020 |
2. Extension of timeline for filings under SEBI (LODR) Regulation 2015
| Regulation and Filings | Frequency | Original Due Date | Relaxation Period | Extended Date |
| Large Corporate-Initial Disclosure and Annual Disclosure (SEBI Circular HO/DDHS/CIR/P/2018/144 dated November 26, 2018) | Yearly | |||
| Initial Disclosure – within 30 days from the beginning of Financial Year | 30 April 2020 | 60 days | 30 June 2020 | |
| Annual Disclosure – within 45 days from the end of Financial Year | 15 May 2020 | 45 days | 30 June 2020 | |
| Non-Convertible Debentures (NCDs) / Non-Convertible Redeemable Preference Shares (NCRPS) | ||||
| Regulation 52 (1) and (2) relating to Financial Results | Half Yearly/ Yearly | |||
| 45 days from the end of the Half Year | 15 May 2020 | 45 days | 30 June 2020 | |
| 60 days from the end of Financial Year for Annual Financial Results | 30 May 2020 | 30 days | 30 June 2020 | |
| Common obligations prescribed under Chapter-III of SEBI (LODR) Regulations, 2015 | As prescribed in SEBI Circular SEBI/HO/CFD/CMD1/CIR/P/2020/38 | |||
| Commercial Papers (CPs) | ||||
| Financial Results | Half yearly/Yearly | |||
| 45 days from the end of the Half Year | 15 May 2020 | 45 days | 30 June 2020 | |
| 60 days from the end of Financial Year for Annual Financial Results | 30 May 2020 | 30 days | 30 June 2020 |
3. Extension of timeline for filings prescribed for Issuers of Municipal Debt Securities
| Regulation and Filings | Frequency | Original Due Date | Relaxation Period | Extended Date |
| Investor Grievance Report as per Municipal Bond | Half Yearly | Within 30 working days from end of the Half Year | 45 days | 30 June 2020 |
| Financial Results | Half Yearly 60 days from the end of Financial Year for Annual Financial Results | 30 May 2020 | 30 days | 30 June 2020 |
| Accounts maintained by Issuers under ILDM Regulations | Quarterly 45 days from end of quarter |
Bhavana specializes in General Corporate Commercial. She has advised overseas companies in setting up business operations in India, including advising them on Indian law issues concerning foreign exchange regulations and general corporate laws.