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of <h1>SEBI Extends Relaxation on Observations Validity and Issue Size Revisions Up to 50% Until March 31, 2021.</h1> The Securities and Exchange Board of India (SEBI) has extended the relaxation on the validity of SEBI observations and revisions in issue size due to COVID-19. The relaxation for revising issue size up to 50% will continue until March 31, 2021. Additionally, SEBI observations expiring between October 1, 2020, and March 31, 2021, are extended to March 31, 2021, provided the lead manager confirms compliance with relevant regulations. This circular, effective from October 1, 2020, aims to protect investors and regulate the securities market under the SEBI Act, 1992.
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