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Kothari Petrochemicals (KPL) has received a 'no objection' from NSE for its proposed amalgamation with Kothari Sugars and Chemicals (KSCL). This regulatory step is crucial for the merger, which aims to combine the entities. The scheme still awaits approval from shareholders, creditors, and the National Company Law Tribunal (NCLT). KPL must file the scheme with NCLT within six months to proceed. Investors should note this is a key step towards combining operations, with further approvals pending for finalization.