SEBI

CIRCULAR DATE

19 MARCH 2020

REGULATION AND ASSOCIATED FILING

Regulation 18(2)(a) relating to Audit Committee

REGULATORY PROVISION

Regulation 18(2)(a) The Audit Committee shall meet at least four times a year and not more than one hundred and twenty days shall elapse between two meetings

RELAXATION W.R.T QUARTER OF FINANCIAL YEAR

However the BOD/ Audit Committee shall ensure that they meet atleast four times a year, as stipulated under Regulation 17(2) and 18(2)(a) of the LODR