Relaxation of listing obligations permits electronic AGMs and waives physical annual report and proxy requirements during the pandemic.
SEBI relaxes specified LODR compliance for calendar year 2020 by permitting AGMs by electronic mode and dispensing with the physical dispatch of annual reports and proxy forms for such AGMs; dividend warrant issuance by post is deferred until postal normalization while electronic payments and collection of bank details should be pursued; newspaper publication requirements for corporate notices are exempted till June 30, 2020; banks and insurers or entities with such subsidiaries may voluntarily publish consolidated quarterly results for the June quarter but must submit standalone results and disclose reasons if consolidated results are not published.

Rights issue procedural relaxations allow electronic dispatch, alternative application mechanisms and digital authentication to facilitate investor participation.
SEBI permits one time procedural relaxations for rights issues opening up to July 31, 2020: electronic service of offer materials with mandated website publication and outreach measures; revised advertisement requirements including electronic dissemination; conditional acceptance mechanisms for physical shareholders unable to submit demat details, prohibiting renunciation and mandating demat allotment; optional non cash application mechanisms in addition to ASBA with prohibition on third party payments; requirements for transparent, robust processes, investor helpdesks, complaint responsibility; and allowance for digital signatures and electronic inspection of offer documents.

Continuation of capital and debt market services: SEBI notification extended under revised national COVID 19 containment guidelines.
SEBI extended an earlier authorisation permitting specified entities to provide capital and debt market services; the prior SEBI notification continues in force for a further two week period under revised national containment guidelines, thereby preserving operational continuity of regulated market functions during the specified containment period.

Relaxation in mutual fund compliance extends implementation deadlines and reporting timelines under SEBI powers to accommodate disruptions.
SEBI extended implementation deadlines for three mutual fund policy measures-liquid asset minimums for liquid funds, revised sector exposure limits for existing open ended schemes, and the change from amortisation based valuation for money market and debt securities-to a later uniform date. It also extended timelines for submission of cybersecurity audit reports and for filing mutual fund scheme annual reports for 2019-20. These relaxations are issued under Section 11(1) of the SEBI Act read with Regulation 77 of the Mutual Funds Regulations, 1996.

Grandfathering of unlisted NCDs preserved; mutual funds may transact subject to due diligence and extended compliance timeline.
Grandfathering of existing unlisted non-convertible debentures (identified NCDs) is confirmed as an industry-wide concession allowing mutual funds to transact in and hold those instruments until maturity, subject to ongoing investment due diligence and applicable investment restrictions. The compliance timeline for maximum exposure limits to unlisted NCDs within a scheme's debt portfolio has been extended to later dates, while the regulatory power to protect investor interests and regulate the securities market is invoked to issue this clarification.

Extension of implementation date for margin framework postpones enforcement due to COVID-19, requiring exchanges to ready systems and report.
Extension of the margin framework implementation date for cash and derivatives segments (excluding commodity derivatives) postpones the effective date due to COVID-19 disruptions and directs recognized stock exchanges and clearing corporations to put in place systems and amend bye laws, disseminate the circular to members and on their websites, and report implementation status in the Monthly Development Report.

Online KYC through eSign, Aadhaar e-KYC and VIPV enabled with secure app features and mandatory verifications.
SEBI permits technology-enabled KYC: eSign electronic signatures and Aadhaar-based e-KYC (including recent Aadhaar XML/QR offline verification) replace wet signatures; DigiLocker digitally signed OVDs and scanned OVDs under eSign meet the original-seen requirement. Intermediaries must verify PAN via the Income Tax database and bank details via Penny Drop or bank APIs, retain no Aadhaar numbers and ensure redaction where required. VIPV must be live, time-stamped, securely saved, include random prompts and OVD display, and be performed by authorised trained personnel. Apps must provide real-time encrypted audiovisual interaction, liveliness checks, geo-tagging, and undergo security audits.

Regulatory timeline relaxation for depositories and participants extends compliance deadlines and allows backlog clearance amid pandemic disruptions.
Temporary relaxation of compliance timelines for Depositories and depository participants due to COVID-19, extending submission and audit deadlines for items such as BO grievances reporting, half-yearly Internal Audit Reports, systems audit, AI/ML reporting, and Risk Based Supervision, and instituting a period of exclusion plus a short backlog clearance window for investor grievance redressal, transmission of securities, and demat account closure; depositories must notify participants and publish the circular, issued under statutory powers to protect investor interests and regulate markets.

Valuation treatment for pandemic-related payment delays may not be treated as default; conservative valuation required.
Valuation agencies appointed by AMFI may, after assessment, refrain from treating delays in payment of interest or principal or extensions of maturity as a default if such delays arose solely from the COVID 19 lockdown and/or the RBI permitted moratorium; where two agencies differ, the conservative valuation shall be accepted, and this modification applies only for the RBI moratorium period while AMCs remain responsible for fair valuation under the Principles of Fair Valuation.

Buyback restriction period reduced, enabling quicker access to capital under SEBI temporary relaxation to align with company law.
Relaxation of the buy-back restriction period temporarily reads the period in Regulation 24(i)(f) of the Buy-back Regulations as six months instead of one year to enable quicker access to capital after a buy-back; the relaxation is effective immediately, must be notified by stock exchanges to stakeholders and published on their websites, and is issued under statutory regulatory powers.

Relaxation of AGM timeline allows top listed entities with affected year end to hold AGMs by extended deadline.
SEBI relaxed the timing requirement under Regulation 44(5) of the LODR to allow top 100 listed entities by market capitalization with financial year ending December 31, 2019 to hold their AGM within an extended period consistent with MCA guidance; the circular is effective immediately, requires Stock Exchanges to disseminate the relief, is issued under SEBI's statutory powers, and is subject to the Companies Act and applicable rules.

Regulatory timeline relaxations for compliance filings grant temporary non penal delay and limited extensions for member reporting obligations.
Specified reporting obligations under enhanced supervision-weekly client funds monitoring, monthly client and fund balance data, and daily margin trading reporting-are temporarily exempted from penal consequences until the moratorium date, while timelines for updating Income Tax Permanent Account Numbers of key management personnel and directors and for issuing the Annual Global Statement to clients are extended by one month; Stock Exchanges and Clearing Corporations must notify members and publish the relief, and the circular is issued under regulatory powers to protect investors and regulate markets.

Validity extension of regulatory observations and conditional issue-size flexibility now permitted to ease public offering processes.
SEBI grants one-time relief extending the validity of observations that expire between March and September 2020 by six months, subject to a lead manager undertaking confirming compliance with Schedule XVI when submitting an updated offer document. SEBI also permits adjustment of estimated fresh issue size by up to fifty percent without refiling the draft offer document, provided there is no change in the objects of the issue, the lead manager certifies compliance with Regulation 7(1)(e), and an addendum to the draft red herring prospectus is published.

Rights Issue Relaxation: temporary easing of eligibility, subscription and filing thresholds to facilitate fundraising.
Temporary relaxations permit issuers to use the fast track rights route with modified Regulation 99 criteria: shorter qualifying periods, lower financial thresholds, amended treatment of prior regulatory actions requiring disclosure in the letter of offer, settlement compliance, and restatement or disclosure of audit-qualified financials; minimum subscription rules are adjusted so issues subscribed between seventy-five and ninety percent qualify if specified utilization conditions are met, and the draft letter of offer filing threshold is raised while other eligibility and general conditions continue to apply.

Relaxation of listing compliance timelines reduces prior board notice and eases filings, permitting digital signatures and advertisement exemptions.
SEBI grants temporary procedural relaxations under LODR: prior board meeting intimation periods are shortened to two days for the interim window; delayed intimation of loss and duplicate share certificates within the covered interval will not attract penal measures; digital signatures are authorised for filings; and newspaper publication requirements under Regulation 47 and analogous Regulation 52(8) obligations for NCDs/NCRPS are exempted during the specified relief periods. The circular is effective immediately and issued under SEBI's statutory powers, subject to the Companies Act.

Relaxation of compliance timelines excludes lockdown period, extending time to process demat and KYC obligations.
Processing timelines for demat request forms by issuers/RTAs and participants, and the obligation to upload KYC applications and supporting documents on KRA systems, are temporarily relaxed by excluding the lockdown period from computation of prescribed timelines, with an additional brief period provided after the exclusion to clear backlogs; exchanges and depositories must notify members and disseminate the relaxation.

Relaxation of compliance timelines extends filing deadlines for trading and clearing members amid pandemic disruptions.
Temporary extension of compliance timelines for trading members and clearing members due to the COVID 19 pandemic, moving prescribed due dates to later dates for enumerated regulatory filings-including client funding reporting, AI/ML reporting, margin trading compliance certificates, risk based supervision, internal audit reports for the half year ending March, system audits (including algo audits), and net worth certificates-with relaxations effective from original due dates until stated extended dates while certain reporting obligations, such as non collection/short collection of margins, continue to be required.

Timeline relaxation for RTAs and issuers extends compliance and processing deadlines during Covid lockdown disruptions.
SEBI grants timeline relaxation to RTAs and issuer companies by extending prescribed time limits by the duration of the Covid 19 lockdown (and any further extensions) for processing investor requests and meeting compliance obligations. Covered activities include remat, transmission, duplicate certificates, name changes, consolidation/split of certificates, investor correspondence/SCORES complaints, half yearly report submission, internal audits of RTAs, submission of cybersecurity audit reports, QRTAs compliance reports, and obligations under relevant Depositories Regulations.

Regulatory filing deadline extension for alternative investment and venture capital funds granted, deferring specified periodic filings due to pandemic.
Extension of regulatory filing timelines for Alternative Investment Funds and Venture Capital Funds by two months for periodic filings due for the specified March and April 2020 periods, supplementing timelines under the AIF regulations and related circulars; relief takes immediate effect and is issued under the Board's statutory powers.

Portfolio Managers granted two month extension for specified reporting and applicability deadlines due to COVID 19 disruption.
SEBI extended timelines by two months for Portfolio Managers' monthly reporting for periods ending March 31, 2020 and April 30, 2020, and deferred applicability of the February 13, 2020 Guidelines for Portfolio Managers; the relaxation was issued under Section 11(1) of the SEBI Act, 1992 with immediate effect and the circular was later rescinded by a Master Circular dated July 16, 2025.