SEBI gives clarity on NOC submission from banks, financial institutions for mergers and demergers of listed companies
On Monday, Securities and Exchange Board of India (Sebi) provided clarity on the timing of submission of No Objection Certificate (NOC) from banks and financial institutions in respect of draft schemes pertaining to mergers and demergers filed by listed companies with the stock exchanges.
SEBI gives clarity on NOC submission from banks, financial institutions for mergers and demergers of listed companies. Source: PTI