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COVID 19 EFFECTS: EXTENSION TO COMPLY SEBI (SAST) REGULATION 2011

COVID 19 EFFECTS: EXTENSION TO COMPLY SEBI (SAST) REGULATION 2011

EXTENSION TO COMPLY SEBI (SAST) REGULATION 2011 

COVID 19 EFFECTS

In view of the COVID-19 pandemic, the SEBI has relaxed the company to ensure the compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The  disclosure  filings  under  Regulations  30(1),  30(2)  and  31(4)  of  the  SEBI  (Substantial  acquisition  of  Shares  and  Takeovers)  Regulations,  2011  (SAST Regulations),  that requires  the  shareholders  to  compile,  collate,  and  disseminate information  of  their  consolidated  shareholding  as  on  March  31,  2020,  to  the organisation and the stock exchanges within seven working days from the end of the financial year. These report as per the 2020 calendar are required to be filed by April 15, 2020.

The due date for  filling under  Regulations  30(1),  30(2)  and  31(4)  of  the  SEBI  (Substantial  acquisition  of  Shares  and  Takeovers)  Regulations,  2011  (SAST Regulations) has been extended for the financial year ended 31st March 2020 to June 01,2020. The circular is having immediate effect.

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29 Mar

Prem Singh
Prem

Right guidance is all we need for a healthy business. Neusource is here to show you the right way which helps you to grow with your business. If you have this wish to build up your startups then neusource is the only choice for your business

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