Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Contact Info
Unit 266, 267 & 268, Tower B1, Spaze Itech Park Sohna Road Gurugram, Haryana 122018 connect@complinity.com +91 8181 900 600
Follow Us

A Multi-Concept Theme for Digital Agencies and Startups

8181 900 600 Request a Demo Login
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
Mobile Logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

Revised SOP for Scheme of Arrangements under SEBI LODR

29-Sep-2023 | 20230929-30, NSE/CML/2023/70

BSE has issued a Circular regarding Revised Standard Operating Procedure (SOP) on application filed under Regulation 37 and 59A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 w.r.t. Scheme of Arrangements

By virtue of the Circular, revised Standard Operating Procedure (SOP) to be followed by listed entities. The Key highlights are:

1. Timely Submission: Schemes of Arrangement seeking Stock Exchange?s NOC under Regulation 37 / 59A of SEBI LODR must be submitted to the Exchange, along with all necessary documents as per the Exchange Checklist, within 15 working days of the board meeting approving the draft scheme.

Note: Failure to submit within the stipulated timeframe will necessitate fresh approval from the board, considering updated financials, valuation report, etc.
Financials of Unlisted Entities: Alongside the application, submit the Audited Financials of the last three years (financials not exceeding 6 months) of unlisted company(ies) involved in the Scheme of Arrangement.

2. Valuation Report: Audited financials considered for the Valuation Report should not be older than 3 months from the date of valuation report. Provide a detailed working of valuation under different methods at the time of submission.

3. Board Consideration: The board should review the scheme of arrangement within 7 working days of receiving the valuation report.

Kindly refer to the circular for the complete details and compliance requirements.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

Get Legal Updates in your email

Request a Demo

Recent Posts in Corporate Laws

Corporate Laws

NSE- Reiteration of SEBI Circular on Relaxation from the applicability of SEBI Master Circular for compliance of regulations on non-compliance with the Minimum Public Shareholding (MPS) requirements

07-Apr-2026 | NSE/CML/2026/06

NSE has reiterated the SEBI circular on the Relaxation from the applicability of the SEBI Master Circular for compliance with regulations on

Read More
Corporate Laws

RBI issues amendment in Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025

10-Apr-2026 | RBI/2026-27/10 A.P. (DIR Series) Circular No. 06

RBI has issued an amendment in Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025. Through this, the R

Read More
Corporate Laws

NSE reiterates SEBI circular Ease of doing business - mechanism for lock-in of pledged shares under SEBI (ICDR) Regulations, 2018

10-Apr-2026 | NSE/CML/2026/07

NSE has reiterated the SEBI circular on the Ease of Doing Business - mechanism for lock-in of pledged shares under SEBI (ICDR) Regulations,

Read More
Corporate Laws

RBI issues Master Direction on Counterfeit Notes - Detection, Reporting and Monitoring

01-Apr-2026 | RBI/DCM/2026-27/394 DCM (FNVD)/G-1/16.01.05/2026-27

RBI has issued the Master Direction on Counterfeit Notes - Detection, Reporting and Monitoring. Key Highlights: 1. In the detection of C

Read More

Recent Posts

Corporate Laws

NSE- Reiteration of SEBI Circular on Relaxation from the applicability of SEBI Master Circular for compliance of regulations on non-compliance with the Minimum Public Shareholding (MPS) requirements

07-Apr-2026 | NSE/CML/2026/06

NSE has reiterated the SEBI circular on the Relaxation from the applicability of the SEBI Master Circular for compliance with regulations on

Read More
Corporate Laws

RBI issues amendment in Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025

10-Apr-2026 | RBI/2026-27/10 A.P. (DIR Series) Circular No. 06

RBI has issued an amendment in Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025. Through this, the R

Read More
Corporate Laws

NSE reiterates SEBI circular Ease of doing business - mechanism for lock-in of pledged shares under SEBI (ICDR) Regulations, 2018

10-Apr-2026 | NSE/CML/2026/07

NSE has reiterated the SEBI circular on the Ease of Doing Business - mechanism for lock-in of pledged shares under SEBI (ICDR) Regulations,

Read More
Corporate Laws

RBI issues Master Direction on Counterfeit Notes - Detection, Reporting and Monitoring

01-Apr-2026 | RBI/DCM/2026-27/394 DCM (FNVD)/G-1/16.01.05/2026-27

RBI has issued the Master Direction on Counterfeit Notes - Detection, Reporting and Monitoring. Key Highlights: 1. In the detection of C

Read More
Request a Demo

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Complinity Logo Transparent

Complinity is a comprehensive cloud-based Compliance Management Software that helps track and monitor statutory and regulatory compliances.

Quick Links
  • Compliance Software
  • Regulatory Compliance Software
  • Statutory Compliance Software
  • Compliance Tracking Software
  • Legal Updates
Contact Info
Unit 266, 267 & 268, Tower B1
Spaze Itech Park, Sohna Road
Gurugram, Haryana 122018
connect@complinity.com
+91 8181 900 600

Request a Demo

© 2026 Complinity Technologies Private Limited. | Privacy Policy | Data Processing Addendum

Design & Developed By  Infinite IT Solutions

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Powered by EssentialPlugin

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Thank You for your interest in Complinity. Your CV has been forwarded to HR.
In case your profile is shortlisted, HR shall contact you.