Sebi extends exemption from sending hard copies of reports to shareholders

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Sebi extends exemption from sending hard copies of reports to shareholders - Business Standard

Quick Summary:

The fresh decision comes after Ministry of Corporate Affairs (MCA) through a circular on September 19, 2024, extended the relaxation from sending physical copies of financial statements (including board's report, auditor's report or other documents) to shareholders, for AGMs conducted till September 30, 2025.

Sebi on Friday extended the relaxation given to listed companies from sending physical copies of financial statements to shareholders for annual general meetings (AGMs) by one more year till September 30, 2025.

Against this backdrop, the markets watchdog has decided to provide relaxation till September 30, 2025, from LODR (Listing Obligations and Disclosure Requirements) Regulations, pertaining to dispatching of hard copies to shareholders.