NEW DELHI : Markets regulator Sebi on Friday eased compliance requirement on time gap between two board meetings for listed companies till July 31, due to coronavirus pandemic.As per the norms, board of directors or audit committee need to meet at least four times a year, with a maximum gap of 120 days between any two meetings.In a circular, Securities and Exchange Board of India (Sebi) said, "The relaxation of maximum time gap between two board/audit committee meetings...is further extended till July 31, 2020".However, the board of directors and audit committees of listed entities will have to ensure that they meet at least four times a year, it added.This comes following requests from listed companies for relaxation.