Circular no.: SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/83 dated June 05, 2025
Relevant Regulations: SEBI(LODR) Regulations, 2015
Applicable Regulations: Reg. 58(1)(b) , 52(8) of LODR, Section 136 of Companies Act 2013
Background: SEBI, vide circular dated October 06, 2023, had relaxed the applicability of Regulation 58(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) till September 30, 2024 based on the relaxations provided by Ministry of Corporate Affairs (MCA) vide General Circular no. 09/2023 dated September 25, 2023.
The said Regulation provides that a listed entity shall send a hard copy of the statement containing the salient features of all the documents, as specified in Section 136 of Companies Act, 2013 and rules made thereunder to those holders of non convertible securities, who have not registered their email address(es) either with the listed entity or with any depository. Subsequently, MCA, vide General Circular No.09/2024 dated September 19, 2024, has, inter-alia, extended the relaxation from sending physical copies of financial statements (including Board’s report, Auditor’s report or other documents required to be attached therewith) to the shareholders, for the AGMs conducted till September 30, 2025 (from September 30, 2024).
In view of the above, SEBI has directed as follows:
This Circular shall come into force with immediate effect.
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