SEBI Advisory on disclosure of material impact of COVID–19
The COVID–19 pandemic and the consequent lockdown restrictions imposed by government has severally impacted businesses. SEBI Advisory says that it is important for a listed entity to ensure that all available information about the material impact of COVID-19 on the company and its operations is communicated in a timely and cogent manner to its investors and stakeholders.
Keeping the above in view, Securities and Exchange Board of India (SEBI) vide its circular dated 20 May, 2020 1 has issued an advisory regarding disclosure of material impact of Covid-19 pandemic on listed entities. In this advisory, SEBI has provided an illustrative list of information that listed entities should provide to the Stock Exchanges.
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