Kindly inform MIRSD before the expiry of 6 months and make an application vide email or letter for extension of Prior Approval with reason / justification for delay. The extension of Prior Approval shall be provided only once. However, SEBI discourages such practices. It is also clarified that extension of prior approval validity shall be granted only for the purpose of fresh registration where change in control has already been executed within 6 months of prior approval. If change in control could not be executed within 6 months, then intermediary has to file fresh application of prior approval for change in control.