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of <h1>SEBI Extends COVID-19 Document Processing Relaxations for FPIs in Lockdown Areas Until Restrictions Lifted.</h1> The Securities and Exchange Board of India (SEBI) has extended temporary relaxations for processing documents related to Foreign Portfolio Investors (FPIs) from jurisdictions still under COVID-19 lockdown. These relaxations, initially introduced in March 2020 and extended in June 2020, will continue until lockdowns are lifted in the respective areas. For jurisdictions where lockdowns have ended, the relaxations are no longer applicable. All other conditions from the March 2020 circular remain unchanged. This decision aims to protect investor interests and ensure the smooth functioning of the securities market. Designated Depository Participants and custodians must inform their FPI clients of these updates.
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