<h1>SEBI Extends Deadline to January 1, 2021, for Listed Companies to Address Grievances Against Proxy Advisors.</h1> The Securities and Exchange Board of India (Sebi) has extended the timeline to January 1, 2021, for implementing a circular allowing listed companies to address grievances against proxy advisors. Initially set for September 1, the extension provides more time for compliance. Proxy advisors, who offer voting recommendations to shareholders, have been crucial in corporate governance but may have differing views from listed entities, leading to potential disputes. Sebi will assess non-compliance with research analyst regulations and procedural guidelines. Proxy advisors are required to formulate and disclose voting recommendation policies, reviewing them at least annually.