Clarification on dispatch of notice under section 62(2) of Companies Act, 2013 by listed companies for rights issues opening upto 31st December, 2020.
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Dispatch of notice under section 62(2) not treated as violation where SEBI-compliant alternatives used for rights issues until year-end.
The earlier relaxation in General Circular No. 21/2020, para 2, is extended: for listed companies conducting rights issues opening up to 31st December, 2020, inability to dispatch the notice under section 62(2) by registered post, speed post, or courier will not be treated as a violation where the company complies with relevant SEBI circulars; other requirements of the General Circular remain unchanged.