https://www.taxtmi.com/circulars?id=66011 Entities listing Non-convertible Debt securities or Non-convertible Redeemable Preference Shares must file a draft scheme of arrangement with a designated nationwide Stock Exchange to obtain a No-Objection Letter before approaching any Court or Tribunal. The filing must include the draft scheme, a Registered Valuer's valuation report with undertaking, a fairness opinion from a SEBI-registered merchant banker, a board report addressing impacts and safeguards for NCD/NCRPS holders, audited financials, an auditor's certificate on payment/repayment capability, compliance reports, and required declarations; Stock Exchanges will forward filings to SEBI and coordinate queries and timelines. en-us Thu, 17 Nov 2022 00:00:00 +0530 Fri, 18 Nov 2022 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66011 Entities listing Non-convertible Debt securities or Non-convertible Redeemable Preference Shares must file a draft scheme of arrangement with a designated nationwide Stock Exchange to obtain a No-Objection Letter before approaching any Court or Tribunal. The filing must include the draft scheme, a Registered Valuer's valuation report with undertaking, a fairness opinion from a SEBI-registered merchant banker, a board report addressing impacts and safeguards for NCD/NCRPS holders, audited financials, an auditor's certificate on payment/repayment capability, compliance reports, and required declarations; Stock Exchanges will forward filings to SEBI and coordinate queries and timelines. Circulars SEBI Thu, 17 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66011