valid as on 14/01/2021

Regulation 11. Scheme of Arrangement.
Effective date 01.12.2015

Section 230 of the Companies Act, 2013

Scheme of Arrangement.

11. The listed entity that any scheme of arrangement /amalgamation /merger /reconstruction /reduction of capital etc. to be presented to any Court or Tribunal does not in any way violate, override or limit the provisions of securities laws or requirements of the stock exchange(s):

Provided that this regulation shall not be applicable for the units issued by Mutual Fund which are listed on a recognised stock exchange(s).

Refer SEBI Master Circular dated 22.12.2020 on (i) Scheme of Arrangement by Listed Entities. To view the circular, Click Here

SEBI Master Circular dated 22.12.2020 on (i) Scheme of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of rule 19 of the Securities Contracts (Regulation) Rules, 1957


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