The stock market regulator, Bangladesh Securities and Exchange Commission (BSEC) in a directive has excluded the locked down period until June 30 in counting the time for holding meetings and submission of documents or information to the commission or any stock exchange.
The Commission issued the directive on Tuesday following appeals from some listed companies, seeking revision on the existing rules on holding mandatory meetings amid coronavirus outbreak.
The country’s bourses remained closed from March 26 to May 30, as the government announced general holidays as part of its efforts to halt the spread of the novel virus. Bourses resumed their regular trading on Sunday after the trade suspension for above two months in response to defeat Covid-19 pandemic.
During the period, a number of listed companies and entities registered with the commission could not submit required documents or information excluding the price sensitive information to the commission or any stock exchange, the directive said. ♦
