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Consequences of compulsory delisting would be applicable resultant co. in case of demerger

November 6, 2019
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The market regulator, SEBI has issued a formal guidance by way of interpretive letter under (Informal Guidance) Scheme, 2003 in relation to SEBI (Delisting Shares) Regulations, 2009. In this informal letter, it has explicated that consequences of compulsory delisting by market regulator shall applicable to the resultant company in case of demerger scheme.
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