LISTING OF THE RESULTING COMPANY. 13.1 Resulting Company shall apply for listing of its equity shares on the Stock Exchanges in terms of and in compliance of SEBI Circular and other relevant provisions as may be applicable. The equity shares allotted by the Resulting Company in terms of Clause 11 above, pursuant to the Scheme, shall remain frozen in the depository system till listing/ trading permission is given by the designated stock exchange. Further, there shall be no change in the shareholding pattern of the Resulting Company between the date of issue of New Equity Shares pursuant to the Scheme and the listing of its equity shares which may affect the status of approval of the Stock Exchanges.
