Business

SEBI Issues Operational Guidelines On ‘Scheme Of Arrangement’ For Entities With Listed Debt Securities

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The listed entity would have to submit documents, including draft scheme of arrangement, valuation report, fairness opinion on the valuation of assets done by a registered valuer, report from the board of directors of the listed entity recommending the draft scheme, audited financials for the last three years and auditor’s certificate to the stock exchanges.



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