Regulation 116 - 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, 2018 Part IV LOCK-IN AND RESTRICTIONS ON TRANSFERABILITY
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Lock-in exemption for securities lent under green shoe option: lending period excluded, lock-in resumes on return. Specified securities lent to a stabilising agent for a green shoe option are excluded from lock-in requirements during the lending period starting on the date of lending and ending on the date they are returned; upon return, the securities are locked-in for the remaining unexpired period from the date of return.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Lock-in exemption for securities lent under green shoe option: lending period excluded, lock-in resumes on return.
Specified securities lent to a stabilising agent for a green shoe option are excluded from lock-in requirements during the lending period starting on the date of lending and ending on the date they are returned; upon return, the securities are locked-in for the remaining unexpired period from the date of return.
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