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    <title>Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of rule 19 of the Securities Contracts (Regulation) Rules, 1957</title>
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    <description>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.</description>
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