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<h1>SEBI Extends Rights Issues Relaxations Until September 30, 2021; Ensures Timely Refunds and Error-Free Instructions.</h1> The Securities and Exchange Board of India (SEBI) has extended relaxations related to procedural matters for Rights Issues, initially granted in May 2020, until September 30, 2021. These relaxations aim to facilitate investors and require compliance with specific points from the original circular. Issuers, lead managers, and registrars must ensure refunds for un-allotted applications are completed by the next day after allotment and that refund instructions are error-free. This circular is issued under SEBI's regulatory powers to protect investors and promote the securities market. The circular is available on SEBI's website.