SEBI, has extended the period for submission of financial results under Regulations 33 & 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR Regulations’) to 30 June 2020 due to the effect of the CoVID-19 pandemic.
Industry Representation
SEBI has received representations from listed entities, Chartered Accountant firms, & industry bodies/associations requesting a further extension of time for the preparation, finalization and submission of financial resultsfor listed entities for the quarter/half-year / financial year ending 31 March 2020 due to various number of factors, such as continued lockdown, subsidiaries and associates situated in containment zones making the audit process challenging and other operational challenges due to the CoVID-19 pandemic.
SEBI has decided to extend the time period for submission of financial results under Regulation 33 & 52 of the LODR Regulation
- Quarterly Results by one month to 31 July’ 2020
- Year Ending Results to 31st July’ 2020
Similarly, the timeline for submission of half-yearly and/or annual financial results for entities that have listed NCDs, NCRPS’s, CP’s, MDS’ for the period ending 31 March 2020 is also extended to 31 July 2020.
Notification vide Circular No. SEBI / HO / CFD / CMD1 / CIR / P/2020/38 of 19 March 2020 and Circular No. SEBI/HO/DDHS/ON/P/2020/41 of 23 March 2020
Recent Post:-
- CBDT to Display Foreign Assets & Overseas Income in AIS and Form 26ASCBDT to Display Foreign Assets & Overseas Income in AIS and Form 26AS On 8 July 2026, the Central Board of Direct Taxes (CBDT) issued a landmark directive (Order F.No. 225/73/2025-ITA-II) making foreign financial information significantly more transparent. Under this order, information received by India from foreign tax jurisdictions will now […]
- ITR-1 vs ITR-2 vs ITR-4 for AY 2026-27: How to Choose the Right Income Tax Return FormITR-1 vs ITR-2 vs ITR-4 for AY 2026-27: How to Choose the Right Income Tax Return Form Filing your Income Tax Return (ITR) begins with one critical decision—selecting the correct return form. While it may seem like a minor step, choosing the wrong form can result in your return being treated […]