M&A Critique

SOP – OBSERVATION LETTER FROM THE STOCK EXCHANGE FOR THE SCHEME OF ARRANGEMENT

The Scheme of Arrangement seeking Stock Exchange’s NOC under Regulation 37 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’) shall be submitted to the Exchange along with all the documents as per the Exchange Checklist within 15 working days of board meeting approving the draft scheme of arrangement. Securities and Exchange Board of India (SEBI), from time to time, has been issui...

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Sanket Joshi