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    <title>DECODING SEBI RELAXATIONS IN FPO’S NORMS DUE TO COVID 19  </title>
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    <description>SEBI issued temporary relaxations allowing issuers meeting Regulation 155 conditions to use the Fast Track Further Public Offer route with specified exemptions from filing and post observation submission requirements under the ICDR Regulations. The circular lowers the market capitalisation threshold for eligibility, narrows the effect of pending show cause or prosecution proceedings by requiring disclosure rather than a blanket bar, permits settled matters only if settlement terms are complied with, and mandates appropriate restatement or disclosure of audit qualifications. These relaxations apply for a limited time, take immediate effect, and exclude warrants.</description>
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