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Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957

..... Nationwide Stock Exchanges Dear Sir/Madam, Sub: 1. SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017 has laid down the framework for Schemes of Arrangement by listed entities and relaxation under Rule 19(7) of the Securities Contracts (Regulation) Rules, 1957. 2. In order to streamline the processing of draft schemes, it has been decided to seek additional information further, at one go. .....

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..... ntracts (Regulation) Rules, 1957 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 5. A copy of this circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework/Circulars . Yours faithfully, Yogita Jadhav Deputy General Manager yogitaj@sebi.gov.in Annexure Amendment to Circular No.CFD/DIL3 .....

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..... scheme. 2. Any misstatement or furnishing of false information with regard to the said information shall make the listed entity liable for punitive action as per the provisions of applicable laws and regulations. 3. Amendment to Para I B Following para shall be inserted in Para 1 B, Sr. No.5 5. The Unpaid Dues Report shall be forwarded by the Stock Exchanges to SEBI before SEBI communicates its c .....

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