Checks for schemes involving listed entities – circular by Securities and Exchange Board of India

SEBI introduces additional confirmatory checks for schemes involving Listed entities. SEBI introduced circular on schemes of arrangement by Listed entities. Listed Companies proposing to enter into schemes of arrangement are required to comply with the requirements Securities Contracts Rules, 1957 as applicable and the provisions of (March 2017 circular) SEBI Circular CFD/DIL3/CIR/2017/21


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