India Inc may have to keep date with filings as Sebi cites partial lockdown

Auditors struggle with Covid, but no extension likely for FY21 earnings reports

The Securities and Exchange Board of India (Sebi) may not extend the deadline for listed companies to file their earnings reports for the fourth quarter and the full financial year 2021. However, the capital market regulator could relax compliance requirements for brokers and depository participants as India finds itself in the worst phase of the pandemic so far, according to sources.
 
“So far, a straightway extension to file earnings reports is not being considered. Unlike last year when the government had imposed complete nationwide lockdown, this time only some states have imposed severe Covid curbs. Companies should be able