Relaxation of Regulation 58(1)(b) compliance permits web-link disclosure in advertisement instead of hard copies for non-convertible securities. SEBI provides a conditional relaxation from the hard copy requirement under Regulation 58(1)(b) of the LODR Regulations for issuers of listed non convertible debt securities who complied with MCA General Circular No.09/2024; no penal action will be taken for non dispatch between October 01, 2024 and June 05, 2025. For June 06, 2025 to September 30, 2025, similar relief is granted provided the issuer's advertisement under Regulation 52(8) discloses a web link to the statement of salient features mandated by Section 136 of the Companies Act, 2013.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Relaxation of Regulation 58(1)(b) compliance permits web-link disclosure in advertisement instead of hard copies for non-convertible securities.
SEBI provides a conditional relaxation from the hard copy requirement under Regulation 58(1)(b) of the LODR Regulations for issuers of listed non convertible debt securities who complied with MCA General Circular No.09/2024; no penal action will be taken for non dispatch between October 01, 2024 and June 05, 2025. For June 06, 2025 to September 30, 2025, similar relief is granted provided the issuer's advertisement under Regulation 52(8) discloses a web link to the statement of salient features mandated by Section 136 of the Companies Act, 2013.
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