ISSUE OF SPECIFIED SECURITIES BY SMALL AND MEDIUM ENTERPRISESSecurities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
ISSUE OF SPECIFIED SECURITIES BY SMALL AND MEDIUM ENTERPRISESSecurities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
Regulation 38 - Lock-in of specified securities lent to stabilising agent under green shoe option.
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 Part IV RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC.
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Lock-in exemption for securities lent under green shoe option permits transfer during lending, then resumes on return. The regulation exempts specified securities lent to a stabilising agent for a green shoe option from the usual lock-in during the lending period; upon ... Summary
Lock-in exemption for securities lent under green shoe option permits transfer during lending, then resumes on return.
The regulation exempts specified securities lent to a stabilising agent for a green shoe option from the usual lock-in during the lending period; upon return those securities are subject to the remaining lock-in period, with the lending interval not reducing the balance of the original lock-in.
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