SEBI streamlines framework for processing of draft Schemes of Arrangement filed with exchanges

The market regulator, SEBI has decided to further streamline the processing of draft schemes filed with the stock exchanges, and make certain amendments. These amendments are aimed at ensuring that the recognized stock exchanges refer draft schemes to SEBI only upon being fully convinced that the listed entity is in compliance with SEBI Act, Rules, Regulations and circulars issued thereunderThe market regulator, SEBI has decided to further streamline the processing of draft schemes filed with the stock exchanges, and make certain amendments. These amendments are aimed at ensuring that the recognized stock exchanges refer draft schemes to SEBI only upon being fully convinced that the listed entity is in compliance with SEBI Act, Rules, Regulations and circulars issued thereundertaxmann.com Latest Statutory HappeningsRead More

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