RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
Tenure limit for convertible or exchangeable securities issued via qualified institutions placement capped at sixty months from allotment. Tenure of convertible or exchangeable eligible securities issued through qualified institutions placement is limited to sixty months from the date of ... Summary
Tenure limit for convertible or exchangeable securities issued via qualified institutions placement capped at sixty months from allotment.
Tenure of convertible or exchangeable eligible securities issued through qualified institutions placement is limited to sixty months from the date of allotment, imposing a time-bound restriction on their convertible or exchangeable character under the applicable regulations.
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