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.

Temporary relaxation of FPI document processing permits scanned or encrypted submissions, subject to later original verification and reporting.
SEBI permits DDPs and Custodians to process FPI registrations, KYC and material changes on the basis of scanned signed documents and uncertified copies received from verified global custodian/client e mail accounts or encrypted/password protected new client e mails; such documents may be uploaded to KRAs and relied upon by intermediaries. Intermediaries must perform regulatory and risk based AML due diligence on scan copies. Originals and/or certified documents must be obtained after the temporary relaxation period, with account blocking and reporting consequences if documents are not furnished within prescribed follow up periods.

UPI ASBA continuation due to pandemic, implementation of next phase deferred pending stakeholder deliberations and SEBI guidance.
UPI ASBA Phase II is continued until further notice due to Covid 19 related operational constraints; advancement to Phase III is deferred pending stakeholder deliberations and notification of modalities. The circular is issued under the powers of section 11 read with section 11A of the SEBI Act and communicated to exchanges, intermediaries and the payments corporation.

Stewardship code extension delays compliance deadline for mutual funds and AIFs due to COVID-19 operational disruptions.
Extension of the implementation deadline for the Stewardship Code governing investments in listed equities by mutual funds and all categories of alternative investment funds is granted due to COVID-19-related operational constraints that impede monitoring and engagement with investee company management and boards. The postponement of the Code's effective date is issued pursuant to the regulator's statutory powers under the applicable fund regulatory framework and the circular directs stakeholders to the published notice for compliance reference.

Loan moratorium treatment: CRAs may forbear default recognition where delays stem solely from lockdown or moratorium.
SEBI permits CRAs, on a case by case assessment, to refrain from recognizing payment delays as default when delays arise solely from lockdown conditions or the RBI permitted moratorium, with such determinations disclosed in press releases; the relaxation also covers issuer rescheduling with investor/lender approval and remains effective for the moratorium period. SEBI further extends timelines for rating actions, press releases and website disclosures, requires best effort completion and ratification by the Rating Sub Committee, and allows an additional extension for annual and semi annual disclosures for the period ended March 2020.

SAST compliance relaxation extended for disclosure filings to address COVID-19 related logistical constraints and travel restrictions.
Extension of filing deadlines for disclosures under the SAST Regulations is granted as temporary regulatory relief due to COVID-19 logistical constraints; disclosures required under Regulations 30(1), 30(2) and 31(4) for the financial year ending March 31, 2020 are extended to June 01, 2020, effective immediately, with stock exchanges instructed to notify stakeholders.

Compliance relaxations under LODR extend filing and committee meeting deadlines and defer SOP enforcement to later compliance periods.
SEBI temporarily extends selected LODR compliance timelines and defers the operation of its SoP on enforcement. Extensions cover the half yearly Practicing Company Secretary certificate and AGM timing for top listed entities; annual meeting requirements for Nomination and Remuneration, Stakeholders Relationship and Risk Management Committees are permitted within an extended window. The SoP on enforcement is deferred to a later compliance period while an earlier SoP remains effective until then. Publication of notices in newspapers is exempted for a specified interim period. Stock exchanges must notify listed entities and disseminate the circular under SEBI's regulatory powers.

Risk-reduction mode triggered when broker collateral is substantially exhausted; exchanges must update systems, rules and notify members.
The circular withdraws the prior lower collateral-utilization trigger and requires stock exchanges and clearing corporations to apply the pre-existing Risk Reduction Mode criteria from the 2012 circular; brokers must be mandatorily placed into risk-reduction mode when their collateral available for adjustment against margins becomes substantially exhausted by trades under the margining system. Exchanges and clearing corporations must implement systems, amend bye-laws, notify members, publish the provisions, and report implementation status to the regulator.

Regulatory relaxation for mutual funds extends NFO validity and delays compliance and implementation deadlines to ease operational burdens.
Temporary regulatory relief permits a one year validity for NFO observation letters and extends filing timelines for half yearly unaudited results, distributor commission disclosures, and annual investor complaint reports; implementation dates for specified mutual fund policy initiatives are postponed by about one month, and AMC dealing room access controls are temporarily relaxed subject to electronic confirmations with audit trails.

Relaxation of SEBI compliance timelines for debt and money market issuers extends filing and issuance deadlines to ease COVID 19 disruptions.
SEBI temporarily relaxes compliance timelines for issuers of NCDs, NCRPS, CPs and Municipal Debt Securities, permitting reliance on audited financials as of the specified cutoff or filing unaudited financials with limited review for stub periods, and extends due dates for periodic LODR filings (including Large Corporate disclosures and Regulation 52 financial results) and ILDM prescribed filings; these extensions are effective immediately and stock exchanges must disseminate the circular.

Encumbrance on REIT units requires re-designation of sponsor before invocation and mandates prompt exchange disclosure.
Encumbrance on REIT units may be created during the mandatory sponsor holding period but agreements must include the circular's creation and invocation conditions. Invocation during the mandatory period is permitted only if the invoker causes itself or its nominee to be re-designated as sponsor (unless already in sponsor group) and the re-designated sponsor fulfils sponsor obligations. Sponsors must notify the REIT manager of encumbrance creation within two working days and report any subsequent changes; the REIT must disclose these details to listed exchanges within two working days. The unit holding pattern disclosure is modified to capture mandatory holdings and encumbered units.