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Green Growth was one of the seven priorities mentioned by the Finance Minister. Substantial investments for energy transition, net zero objectives, energy security, battery storage systems and grid connectivity in Ladakh for evacuation of renewable energy were announced.
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The securities market regulator, SEBI, has recently issued a Circular (No. SEBI/HO/CFD/DIL1/CIR/P/2020/215 dated November 3, 2020) (Circular) introducing a series of changes in the approval mechanism of schemes of arrangement /amalgamation /merger /reconstruction /reduction of capital etc. (Scheme) involving listed companies. As per the new Circular, for stock exchanges to refer draft Schemes to SEBI, they need to be fully convinced that the listed entity is in compliance with SEBI Act, 1992, rules, regulations and circulars issued thereunder.
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