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SEBI Proposes to Relax Listed Entities From Sending Hard Copies of Financials to Non-Convertible Securities Holders

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Financials to Non-Convertible Securities

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

The post SEBI Proposes to Relax Listed Entities From Sending Hard Copies of Financials to Non-Convertible Securities Holders appeared first on Taxmann Blog.

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