Schemes of arrangement: procedural conditions and disclosure required for listing via SEBI relaxation under sub-rule (7) of SCRR. SEBI prescribes procedural, eligibility, disclosure and compliance requirements for listed entities undertaking Schemes of Arrangement and for unlisted transferee entities seeking listing by way of relaxation under sub-rule (7) of the Securities Contracts (Regulation) Rules. Key conditions include allotment to holders of the listed transferor under a court-sanctioned scheme, minimum public shareholding post-scheme, prohibition on share issues outside the scheme, valuation and auditor reports, stock exchange observation, complaints reporting and specified voting, lock-in and post-sanction listing timelines.