TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Updates Rules for Mergers: New Exemptions, Valuation Requirements, and Shareholding Rules u/r 19(7.</h1> The circular issued by SEBI on January 3, 2018, addresses amendments to the regulatory framework for Schemes of Arrangement by listed entities and provides relaxation under Rule 19(7) of the Securities Contracts (Regulation) Rules, 1957. Key amendments include exemptions for mergers of wholly-owned subsidiaries with parent companies, requirements for independent valuation and fairness opinions, and stipulations on shareholding patterns post-merger. Additionally, it outlines lock-in periods for shares in mergers involving unlisted entities and mandates timely listing and trading of securities post-approval by relevant authorities. The circular aims to enhance transparency and prevent regulatory circumvention.
TaxTMI 
TaxTMI 
