Homebusiness News

    SEBI extends last date to announce Q4 and FY20 results to July 31

    SEBI extends last date to announce Q4 and FY20 results to July 31

    SEBI extends last date to announce Q4 and FY20 results to July 31
    Profile image

    By CNBCTV18.com  IST (Published)

    Mini

    Capital markets regulator Securities & Exchange Board of India (SEBI) has extended the last date to announce Q4 and FY20 results of listed companies to July 31 from June 30 due to the continuing impact of the COVID-19 pandemic.

    Capital markets regulator Securities & Exchange Board of India (SEBI) on Wednesday extended the last date to announce Q4 and FY20 results of listed companies to July 31 from June 30 due to the impact of the COVID-19 pandemic and lockdown. SEBI had received representations from listed entities, Chartered Accountant firms, and industry bodies/associations seeking further extension of time for preparation, finalisation and submission of financial results for listed entities due to continuing lockdown and other operational challenges because of the COVID-19 pandemic, SEBI said in a circular issued on Wednesday.
    Earlier, on March 19, the regulator had extended the deadline for submission of financial results to June 30 under regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
    Meanwhile, the SEBI board will meet today and is likely to discuss ways in which fundraising through preferential allotment of shares can be made easier for listed companies. SEBI may consider making certain amendments to the Substantial Acquisition of Shares and Takeover Regulations, sources told CNBC-TV18.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
    arrow down

      Most Read

      Market Movers

      View All
      CompanyPriceChng%Chng