SEBI Advisory on Disclosures of COVID-19 Impact

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SEBI Advisory on Disclosures of COVID-19 Impact

Securities and Exchange Board of India has issued Advisory on disclosure of the material impact of COVID – 19 pandemic on listed entities under SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 vide circular SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20, 2020. This circular will come into force with immediate effect.

As per circular, listed entities have been encouraged to evaluate the impact of the COVID-19 pandemic on their business, performance, and financials, both qualitatively and quantitatively, to the extent possible and disseminate the same.

For further details, please refer the attached document: SEBI Advisory On Disclosure of COVID 19 Impact

Disclaimer:-

The information contained herein is in summary form based on SEBI Circular and information available in public domain. While the information is believed to be accurate to the best of our knowledge, we do not make any representations or warranties, express or implied, as to the accuracy or completeness of this information. Readers should conduct and rely upon their own examination and analysis and are advised to seek their own professional advice. This note is not an offer, invitation, advice or solicitation of any kind. We accept no responsibility for any errors it may contain, whether caused by negligence or otherwise or for any less, howsoever caused or sustained, by the person who relies upon it.