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NMarkets regulator Sebi on Tuesday, additional prolonged the deadline for issuers of municipal debt securities to adjust to sure regulatory norms to July 31 in view of the COVID-19 disaster. The rest pertains to submission of investor grievance report, monetary outcomes and accounts maintained by issuers beneath ILDM Regulation, Sebi famous in a round.
In view of the scenario arising because of COVID-19 pandemic, Sebi in March had prolonged the timeline for submission of those studies to June 30, which has now been prolonged until July 31. Providing rest from compliance with sure provisions of Issue and Listing of Municipal Debt Securities (ILDM) norms, Sebi stated round shall come into drive with instant impact.
This story has been revealed from a wire company feed with out modifications to the textual content.
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