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The National Stock Exchange of India has issued an observation letter regarding the draft scheme of arrangement between GE Power India Limited and JSW Energy Limited, outlining compliance requirements under the Companies Act 2013 and SEBI regulations. Key points include the need for detailed disclosures on ongoing legal proceedings, financials, and the rationale for the scheme, along with a mandate for the scheme to be submitted to NCLT within six months. The letter emphasizes that the NSE

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guptamannika01

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EN