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Read MoreSEBI enhances role of Stock Exchanges and Independent Directors for Schemes of Arrangement involving Listed Companies
The Securities and Exchange Board of India (‘SEBI’) vide its Circular dated 3 November, 2020
(‘Circular’) has further streamlined the processing of draft scheme involving a listed company
which is filed with SEBI for seeking its ‘No Objection’ to the proposed arrangement summarized
therein.