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<h1>Lock-in Exemption for Securities Lent to Stabilizing Agent Under Green Shoe Option as per SEBI Regulation 57(5) or (6).</h1> The Securities and Exchange Board of India (SEBI) regulations state that the lock-in provisions do not apply to specified securities lent to a stabilizing agent under the green shoe option. This exemption is valid from the date of lending until the securities are returned to the lender as per regulation 57, sub-regulations (5) or (6). However, once returned, these securities will be subject to a lock-in for the remaining period.