SEBI Proposes to Relax Listed Entities From Sending Hard Copies of Financials to Non-Convertible Securities Holders
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- By Chetan Kulasri
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- Last Updated on 23 April, 2025
Latest from Taxmann
Draft Circular; Dated: 21.04.2025
SEBI has issued a draft circular seeking public comments to relax listed entities from sending hard copies of financials to holders of non-convertible securities, who haven’t registered their email addresses, as mandated under Reg. 58(1)(b) of the SEBI (LODR) Regulations. The listed entities must disclose a web link to their financials in their advertisements.
The proposal follows the MCA’s extension of a similar relaxation for sending physical financial statements until September 30, 2025. Public comments may be submitted by May 12, 2025, via an online web-based form available on its website, and it has provided contact details for any technical issues.
Click Here To Read The Full Circular
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