Regulation 120 - Transferability of locked-in specified securities
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Part IV LOCK-IN AND RESTRICTIONS ON TRANSFERABILITY
Contents
Notifications
Rules & Regulations
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Transferability of locked-in securities: promoters may transfer to promoter group or new promoter, with lock-in continuing on transferee. Promoters may transfer locked-in specified securities (excluding SR equity shares) to another promoter, promoter-group person, new promoter, or person in ... Summary
Transferability of locked-in securities: promoters may transfer to promoter group or new promoter, with lock-in continuing on transferee.
Promoters may transfer locked-in specified securities (excluding SR equity shares) to another promoter, promoter-group person, new promoter, or person in control, subject to applicable substantial acquisition and takeover regulations; the lock-in continues with the transferee and they cannot transfer the securities until the remaining lock-in period expires.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.