Relaxations Relating to Procedural Matters

SEBI had, on May 6, 2020, granted certain relaxations in relation to rights issues opening up to July 31, 2020, key details of which are covered in the June 2020 edition of Inter alia. Now, SEBI has (by way of circular dated July 24, 2020) extended the validity of such relaxations for rights issues opening up to December 31, 2020.

SEBI had, on May 14, 2020, granted certain relaxations in relation to open offers and buy-back through tender offers opening up to July 31, 2020, key details of which are covered in our Client Alert dated May 16, 2020. Now, SEBI has (by way of circular dated July 27, 2020) extended the validity of such relaxations for open offers and buy-back through tender offers opening up to December 31, 2020.

Published In:Inter Alia - Quarterly Edition - September 2020 [ English
Date: September 30, 2020