The Ministry of Corporate Affairs has clarified that in case of listed companies, which comply with relevant circulars issued by SEBI, inability to dispatch the relevant notice to shareholders through registered post or speed post or courier would not be viewed as a violation of section 62(2) of the Act for rights issues opening up to 31st December, 2020. Other requirements provided in the said General Circular remain unchanged.
[Source: General Circular No. 27/2020 dated 3rd August, 2020]
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