https://www.scconline.com/blog/post/2021/07/07/sebi-issues-circular-clarifying-procedure-in-case-of-delisting-of-a-subsidiary-company-through-a-scheme-of-arrangement-wherein-listed-parent-company-and-listed-subsidiary-are-in-the-same-line-of-busin/
SEBI issues circular clarifying procedure in case of delisting of a subsidiary company through a Scheme of Arrangement wherein listed parent company and listed subsidiary are in the same line of business