Published On: 20/03/2020


COVID 19 is 2020's juggernaut - a black swan that has disrupted life like we have never known before. While governments over the world have been treating the pandemic on a war footing, introducing drastic measures such as lockdowns, the need for economic measures is increasingly becoming as important - to ensure the world economy and businesses stay on their feet while dealing with unprecedented health measures. Commercial-legal regulators worldwide have therefore, started providing corporations and businesses with life-rafts to continue keeping open-shop. In the listed space in India, the Securities Exchange Board of India ('SEBI') through a circular has granted certain relaxations to listed entities in respect of certain crucial compliance requirements under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI's principal regulations on disclosure, reporting and compliance obligations by listed companies. INDUSLAW's Radhika Pandey discusses the SEBI's circular.