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<h1>SEBI Extends Compliance Deadline for Proxy Advisors' Guidelines to January 1, 2021, Due to COVID-19 Impact.</h1> The Securities and Exchange Board of India (SEBI) has extended the compliance timeline for the 'Procedural Guidelines for Proxy Advisors' by four months, moving the effective date from September 1, 2020, to January 1, 2021. This decision considers requests from registered proxy advisors and the impact of the COVID-19 pandemic on business and market conditions. The extension is issued under SEBI's authority to safeguard investor interests and regulate the securities market. The circular is accessible on the SEBI website under the legal framework and research analyst sections.