In furtherance to SEBI Circular dated January 03, 2018, the National Stock Exchange (NSE) has issued a circular dated January 01, 2019 wherein it has been provided that the scheme of arrangement which solely provides for merger of a wholly owned subsidiary or its division with the parent company, are required to be submitted with the Exchange on NEAPS Portal in the below mentioned path only including the signed and stamped copy of the scheme along with the Board resolution approving the Scheme:
NEAPS > Issue > Further Issue > Scheme of Arrangement > Amalgamation of Wholly owned subsidiary
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