OBLIGATIONS OF A LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND NON-CONVERTIBLE DEBT SECURITIES - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
OBLIGATIONS OF A LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND NON-CONVERTIBLE DEBT SECURITIES - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Regulation 94A - Draft Scheme of Arrangement & Scheme of Arrangement in case of entities that have listed their non-convertible debt securities or non-convertible redeemable preference shares
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Chapter X DUTIES AND OBLIGATIONS OF THE RECOGNISED STOCK EXCHANGE(S)
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No-objection letter requirement: stock exchanges must verify compliance and issue time bound clearance for listed schemes of arrangement. Draft and final Scheme of Arrangement for entities with listed non-convertible debt securities or non-convertible redeemable preference shares require the ... Summary
No-objection letter requirement: stock exchanges must verify compliance and issue time bound clearance for listed schemes of arrangement.
Draft and final Scheme of Arrangement for entities with listed non-convertible debt securities or non-convertible redeemable preference shares require the designated stock exchange to forward the draft and related documents to the Board, verify compliance with securities laws, and issue a No-Objection Letter within Board-specified timelines; that letter is valid for six months, the exchange must raise objections before the National Company Law Tribunal when the scheme is considered, and after Tribunal sanction forward recommendations to the Board.
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